EDG DAO Financial Bulletin: First Fortnight of July

Provides the community a fair idea about the performance of EDG as compared to the market as well as the peers of EDG.

EDG DAO Financial Bulletin: First Fortnight of July

(** 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 overall performance of EDG was mostly sideways.
  • In this fortnight, the highest price of EDG was approximately 0.00179 USD around 6/7/22 to 8/7/22
  • The 24-hr volume was relatively higher at the very start and the very end of the fortnight with values around 60k USD.
  • The overall price movement was pretty normal this fortnight with some minor upward and downward movements.
  • Based on the financial models, we see that the returns are expected to be around 8-10%** over the next period.

Part 2: Comparative Analysis

  • Period = 2 weeks (1/7/2022 to 15/7/2022)
  • Beta = Volatility Factor
  • Rf = Risk-free return (Approximately 4%) (Government Bonds)
  • Rm = Return from Equity market (Approximately 10%)
  • Beta = 0.83 (Beta is less than 1 which shows EDG was less volatile than BTC)
  • The approximate Return over this period from EDG was about -7.04%
  • The approximate Return over this period from BTC was about 4.93%
  • **Considering the above data, the expected returns from EDG can be expected to be about 9.02% Approximately over the next periods.
  • Beta = 0.47 (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 -7.04%
  • The approximate Return over this period from DOT was about -3.56%
  • **Considering the above data, the expected returns from EDG can be expected to be about 6.812% 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 -7.04%
  • The approximate Return over this period from KSM was about 8.16%
  • **Considering the above data, the expected returns from EDG can be expected to be about 7.60% Approximately over the next periods.
  • Beta = 0.57 (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 -7.04%
  • The approximate Return over this period from ETH was about 12.62%
  • **Considering the above data, the expected returns. from EDG can be expected to be about 7.45% Approximately over the next periods.
  • Beta = 0.51 (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 -7.04%
  • The approximate Return over this period from AVAX was about 17.51%
  • **Considering the above data, the expected returns from EDG can be expected to be about 7.12% Approximately over the next periods.
  • Beta = 0.54 (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 -7.04%
  • The approximate Return over this period from ALGO was about 5.230%
  • **Considering the above data, the expected returns from EDG can be expected to be about 7.27% 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 8-10% **

Part 3: Treasury Spendings

Treasury Proposals

  • Treasury Proposal #76 - Marketing with Social media outreach through infographics - by Dotgraphic - 736,842.105 EDG
  • Treasury Proposal #77 - The Cutting Edge Conquest, a Community Campaigns' series {partially postpaid} - 480,000 EDG
  • Treasury Proposal #78 - SCU Proposal: June 2022 - 7,004,352.94 EDG
  • Treasury Proposal #79 - Community Developer Proposal: Depth Hoar - 6,176,470.59 EDG
  • Treasury Proposal #80 - Edgeware DAO Social Media Manager - 1,470,588.24 EDG
  • Treasury Proposal #81 - Proposal: DAO Financial Strategist Team - 2,647,058.82 EDG