(** the figures mentioned in this report are our personal opinions, so please don’t consider this as investment advice)

Part 1: EDG Performance
Source: Coingecko

  • Till 6/11/21 the price was relatively stable and as mentioned in the last report, a trend reversal (upward) was expected, which was seen in the next couple of days.
  • The trading volume was substantially high between 7/11/21 and 8/11/21, also the price showed a steep rise on the corresponding days, so it suggests a very bullish market.
  • From 9/11/21 onwards, the volume traded as well as the price corrected significantly.
  • After 12/10/21 the price of EDG is significantly stable and right now, it cannot be predicted whether the market will be a bearish or a bullish market, it will totally depend on the market trends.

Part 2: Comparative Analysis

  • Period = 2 weeks (1/11/2021 to 15/11/2021)
  • Beta = Volatility Factor
  • Rf = Risk-free return (Approximately 4%) (Government Bonds)
  • Rm = Return from Equity market (Approximately 10%)
  • Beta = -0.78 (Beta is less than 1 which shows EDG was slightly less volatile as compared to BTC over the considered Period)
  • The approximate Return over this period from EDG was about 41.53%
  • The approximate Return over this period from BTC was about 6.08%
  • **Considering the above data, the expected returns from EDG can be expected to be about -0.68% Approximately over the next periods.
  • Beta = -0.40  (Beta is less than 1 which shows EDG was less volatile as compared to DOT over the considered Period)
  • The approximate Return over this period from EDG was about 41.53%
  • The approximate Return over this period from DOT was about 8.80%
  • **Considering the above data, the expected returns from EDG can be expected to be about 1.58% Approximately over the next periods.
  • Beta = -0.60  (Beta is less than 1 which shows EDG was less volatile as compared to KSM over the considered Period)
  • The approximate Return over this period from EDG was about 41.53%
  • The approximate Return over this period from KSM was about 18.04%
  • **Considering the above data, the expected returns from EDG can be expected to be about 0.35% Approximately over the next periods.
  • The approximate Return over this period from EDG was about 41.53%
  • The approximate Return over this period from MOVR was about -0.83%
  • The approximate Return over this period from EDG was about 41.53%
  • The approximate Return over this period from SDN was about  5.31%

Conclusion
Over the period considered for analysis, the EDG token was relatively less volatile as compared to DOT and BTC. Also, the returns in this period were much higher compared to the historical trend, but from a realistic point of view and based on the financial models, **the gains over the next period can be expected to be anywhere between -1.5% to 1.5% **

Part 3: Treasury Spendings

Treasury Tips

  • Junte - edgUMA mgmt and Github - 99999.99999999999 EDG
  • Edson - Deployeds UMA on Beresheet - 80000 EDG
  • Anett Edg- contributed Telegram working group logos, her artwork ipfs://QmQiGJ1soUiDUfZa7tACBmrEF5pCFEgHWqzWNWfBP3KgYs - 16000EDG

Treasury proposals

  • Treasury Proposal #40 - Dashboard for Edgeware Treasury  - 1,463,000 EDG