EDG DAO Financial Bulletin: First Fortnight of May

(** 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, including a large spike in prices.
• In this fortnight, the highest price of EDG was approximately 0.0058 USD around 8/5/22.
• The spike was around 8/5/22, with prices going up slightly from 0.003 USD to 0.0058 USD and 24h volume during this period was around 7.4mn USD, which was relatively higher compared to other days. The coinciding upward price trend with increased volumes shows buying activity.
• Other than this relatively larger upward movement, the price movement was only sideways.
• Based on the financial models, we see that the returns are expected to be around 10-25%** over the next period.

Part 2: Comparative Analysis

• Period = 2 weeks (1/5/2022 to 15/5/2022)
• Beta = Volatility Factor
• Rf = Risk-free return (Approximately 4%) (Government Bonds)
• Rm = Return from Equity market (Approximately 10%)

• Beta = 2.72 (Beta is more than 1 which shows EDG was more volatile than BTC)
• The approximate Return over this period from EDG was about -28.61%
• The approximate Return over this period from BTC was about -20.18%
• **Considering the above data, the expected returns from EDG can be expected to be about 20.34% Approximately over the next periods.

• Beta = 1.23 (Beta is more than 1 which shows EDG was more volatile as compared to DOT over the considered Period)
• The approximate Return over this period from EDG was about -28.61%
• The approximate Return over this period from DOT was about -21.92%
• **Considering the above data, the expected returns from EDG can be expected to be about 11.40% Approximately over the next periods.

• Beta = 1.54 (Beta is more than 1 which shows EDG was more volatile as compared to KSM over the considered Period)
• The approximate Return over this period from EDG was about -28.61%
• The approximate Return over this period from KSM was about -43.52%
• **Considering the above data, the expected returns from EDG can be expected to be about 13.28% Approximately over the next periods.

• Beta = 2.84 (Beta is more than 1 which shows EDG was more volatile as compared to ETH over the considered Period
• The approximate Return over this period from EDG was about -28.61%
• The approximate Return over this period from ETH was about -24.61%
• **Considering the above data, the expected returns. from EDG can be expected to be about 21.08% Approximately over the next periods.

• Beta = 1.30 (Beta is more 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 -28.61%
• The approximate Return over this period from AVAX was about -40.50%
• **Considering the above data, the expected returns from EDG can be expected to be about 11.82% Approximately over the next periods.

• Beta = 1.45 (Beta is more 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 - 28.61%
• The approximate Return over this period from ALGO was about -18.47%
• **Considering the above data, the expected returns from EDG can be expected to be about 12.53% Approximately over the next periods.

Conclusion:

Over the period considered for analysis, the EDG token was more volatile as compared to BTC, AVAX, DOT, ETH, ALGO, and more volatile as compared to KSM. Based on the financial models, **the returns over the next period can be expected to be positive and around 10-25% **

Part 3: Treasury Spendings

Treasury Proposals

• Treasury Proposal #63 - Builders Program Application - Block Explorer and Wallet- 5,847,953.22 EDG
• Treasury Proposal #64 - OnFinality High Performance Public Infrastructure (Q1 2022) - 841,146.01 EDG