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

Part 1: EDG Performance

Source: Coingecko

  • The overall crypto markets were trading at lower levels in the last period and it was a similar case with EDG, which was also trading at lower levels than usual.
  • There were a couple of spikes in the prices and volumes traded between 26/12/21 and 28/12/21 with the prices going up close to 0.0095 USD and volumes were around 500k USD.
  • The movement of EDG price is in alignment with the global markets, so there are no fundamental factors driving down the price of EDG.
  • Based on the financial models, we can find that the returns are expected to be around 5-6% over the next period.

Part 2: Comparative Analysis

  • Period = 2 weeks (16/12/2021 to 31/12/2021)
  • Beta = Volatility Factor
  • Rf = Risk-free return (Approximately 4%) (Government Bonds)
  • Rm = Return from Equity market (Approximately 10%)
  • Beta = 1.31 (Beta is more than 1 which shows EDG was more volatile than BTC)
  • The approximate Return over this period from EDG was about -10.31%
  • The approximate Return over this period from BTC was about -3.57%
  • **Considering the above data, the expected returns from EDG can be expected to be about 11.88% Approximately over the next periods.

  • Beta = -0.34 (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 -10.31%
  • The approximate Return over this period from DOT was about 1.13%
  • **Considering the above data, the expected returns from EDG can be expected to be about 6.09% Approximately over the next periods.

  • Beta = 0.66 (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 -10.31%
  • The approximate Return over this period from KSM was about -2.89%
  • **Considering the above data, the expected returns from EDG can be expected to be about 7.98% Approximately over the next periods.


  • Beta = 0.822 (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 -10.31%
  • The approximate Return over this period from ETH was about -7.49%
  • **Considering the above data, the expected returns from EDG can be expected to be about 8.9% Approximately over the next periods.

  • Beta = -0.14293 (Beta is Less than 1 and negative which shows EDG was less volatile as compared to AVAX, but in the opposite direction, over the considered Period)
  • The approximate Return over this period from EDG was about -10.31%
  • The approximate Return over this period from AVAX was about 0.74%
  • **Considering the above data, the expected returns from EDG can be expected to be about 3.14% Approximately over the next periods.

  • Beta = 0.96 (Beta is lesser than 1 which shows EDG was slightly less volatile as compared to ALGO over the considered Period)
  • The approximate Return over this period from EDG was about -10.31%
  • The approximate Return over this period from ALGO was about 21.55%
  • **Considering the above data, the expected returns from EDG can be expected to be about 9.81% Approximately over the next periods.

Conclusion:
Over the period considered for analysis, the EDG token was less volatile as compared to DOT, KSM,  ETH, ALGO, AVAX and more volatile wrt BTC. Based on the financial models, **the returns over the next period can be expected to be positive and around 6-10% **

Part 3: Treasury Spendings

Treasury Proposals

  • Treasury Proposal #42 - High-Performance Public Infrastructure (Q3 2021)  - 326,663 EDG