EDG DAO Financial Bulletin: First Fortnight of August

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

Part 1: EDG Performance

• During the last fortnight, the price of EDG was bullish, with the price trading around ~0.0015 at the start of the fortnight and going all the way up to 0.0020, before coming back to the initial level of ~0.0015 at the end of the fortnight.
• In this fortnight, the highest price at which EDG traded was approximately 0.002 USD around 6/8/22 to 7/8/22
• With the upward price spikes, the volumes were also higher than normal, suggesting significant market activities. The highest 24-hr volume was 461k, which coincided with the occurrence fortnight’s highest price.
• Overall, the trading and price movements for EDG were relatively higher as compared to some of the previous fortnights.
• Based on the financial models, we see that the returns are expected to be around 6-9 %** over the next period.

Part 2: Comparative Analysis

• Period = 2 weeks (1/8/2022 to 15/8/2022)
• Beta = Volatility Factor
• Rf = Risk-free return (Approximately 4%) (Government Bonds)
• Rm = Return from Equity market (Approximately 10%)

• Beta = 0.65 (Beta is less than 1 which shows EDG was less volatile than BTC)
• The approximate Return over this period from EDG was about -2.85%
• The approximate Return over this period from BTC was about 3.99%
• **Considering the above data, the expected returns from EDG can be expected to be about 7.91% Approximately over the next periods.

• Beta = 0.22 (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 -2.85%
• The approximate Return over this period from DOT was about 3.22%
• **Considering the above data, the expected returns from EDG can be expected to be about 5.34% Approximately over the next periods.

• Beta = 0.99 (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 -2.85%
• The approximate Return over this period from KSM was about -8.10%
• **Considering the above data, the expected returns from EDG can be expected to be about 9.96% Approximately over the next periods.

• Beta = 0.32 (Beta is less than 1 which shows EDG was less volatile as compared to ETH over the considered Period
• The approximate Return over this period from EDG was about -2.85%
• The approximate Return over this period from ETH was about 15.14%
• **Considering the above data, the expected returns. from EDG can be expected to be about 5.94% Approximately over the next periods.

• Beta = 0.93 (Beta is less than 1 which shows EDG was less volatile as compared to AVAX over the considered Period)
• The approximate Return over this period from EDG was about -2.85%
• The approximate Return over this period from AVAX was about 18.77%
• **Considering the above data, the expected returns from EDG can be expected to be about 9.62% Approximately over the next periods.

• Beta = 0.81 (Beta is less than 1 which shows EDG was less volatile as compared to ALGO over the considered Period)
• The approximate Return over this period from EDG was about -2.85%
• The approximate Return over this period from ALGO was about 8.82%
• **Considering the above data, the expected returns from EDG can be expected to be about 9.62% Approximately over the next periods.

Conclusion:

Over the period considered for analysis, the EDG token was less volatile as compared to BTC, AVAX, DOT, ETH, ALGO, and KSM. Based on the financial models, **the returns over the next period can be expected to be positive and around 6 -9 % **

Part 3: Treasury Spendings

Treasury Proposals

• Treasury Proposal #86 - Richard Welsh, Edgeware R&D Q4 invoice 2 (Post paid) - 14,089,279.97 EDG
• Treasury Proposal #87 - SCU proposal for July’22 - 11,479,102.6 EDG