EDG DAO Financial Bulletin: First Fortnight of September

(** 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