EDG DAO Financial Bulletin: First Fortnight of September
Provides the community a fair idea about the performance of EDG as compared to the market as well as the peers of EDG.

(** 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 slightly bearish, with the prices trading in the range of 0.00111 - 0.00142, with a couple of huge price spikes of ~20%.
- In this fortnight, the highest price at which EDG traded was approximately 0.00142 USD around 8/9/22.
- Right before the first spike there was a significant downtrend in the price accompanied by a significant rise in the volumes as well, suggesting heavy selling activity. The price then recovered to the initial levels.
- From a macroeconomics perspective, the movement is very much in line with the overall global markets.
- Based on the financial models, we see that the returns are expected to be around (-5) - (-8%)** over the next period.
Part 2: Comparative Analysis
- Period = 2 weeks (1/9/2022 to 15/9/2022)
- Beta = Volatility Factor
- Rf = Risk-free return (Approximately 4%) (Government Bonds)
- Rm = Return from Equity market (Approximately 10%)
- Beta = 0.15 (Beta is less than 1 which shows EDG was less volatile than BTC)
- The approximate Return over this period from EDG was about -10.48%
- The approximate Return over this period from BTC was about 1.16%
- **Considering the above data, the expected returns from EDG can be expected to be about -4.95% Approximately over the next periods.
- Beta = 0.80 (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 -10.48%
- The approximate Return over this period from DOT was about -8.55%
- **Considering the above data, the expected returns from EDG can be expected to be about 5.34% Approximately over the next periods.
- Beta = 0.65 (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 -10.48%
- The approximate Return over this period from KSM was about 0.62%
- **Considering the above data, the expected returns from EDG can be expected to be about -7.92% 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 -10.48%
- The approximate Return over this period from ETH was about 5.33%
- **Considering the above data, the expected returns. from EDG can be expected to be about -7.44% Approximately over the next periods.
- Beta = 0.46 (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 -10.48%
- The approximate Return over this period from AVAX was about 0.30%
- **Considering the above data, the expected returns from EDG can be expected to be about -6.80% Approximately over the next periods.
- Beta = 0.77 (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 -10.48%
- The approximate Return over this period from ALGO was about 4.85%
- **Considering the above data, the expected returns from EDG can be expected to be about -8.66% 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 (-5) - (-8%) **
Part 3: Treasury Spendings
Treasury Proposals
- Treasury Proposal #92 - SCU proposal for August’22 (kzYGKjvAV2cFfsWD9KoKrYyEAsKMXYUvpZr8mYKEdGcKbcd) - 14,026,819.1EDG