EDG DAO Financial Bulletin: Month of October

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

(** period considered for this report is from 10/10/21 to 7/11/21)

Part 1: EDG Performance

Source: Coingecko

• The trading volume was substantially high between 16/10/21 and 18/10/21, also the price was increasing on the corresponding days, so it suggests a bullish market.
• Between 20/10/21 and 22/10/21, the volume traded was down and the price was slightly increasing so it's a case of a weak bullish market and traders need to be cautious of a trend reversal.
• After 22/10/21 the price was slightly decreasing and the volumes traded have also gone down so it can be considered to be a bearish market with a trend reversal that is possible going ahead.
• As discussed in the previous point, the price picked up sharply around 6/11/21 and showed bullish trends with the volume traded also rising sharply.
  

Part 2: Comparative Analysis

• Period = 3 weeks (10/10/2021 to 1/11/2021)
• Beta = Volatility Factor
• Rf = Risk-free return (Approximately 4%) (Government Bonds)
• Rm = Return from Equity market (Approximately 10%)

• Beta = 0.209 (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 202.55%
• The approximate Return over this period from BTC was about 51.44%
• **Considering the above data, the expected returns from EDG can be expected to be about 5.26% Approximately over the next periods.
  

• Beta = 0.9 (Beta is close to 1 which shows EDG was almost as volatile as KSM over the considered Period)
• The approximate Return over this period from EDG was about 202.55%
• The approximate Return over this period from BTC was about 33.33%
• **Considering the above data, the expected returns from EDG can be expected to be about 9.44% Approximately over the next periods.
  

• The approximate Return over this period from EDG was about 202.55%
• The approximate Return over this period from MOVR was about 35.64%
  
  

• The approximate Return over this period from EDG was about 202.55%
• The approximate Return over this period from SDN was about -25.16%
  
  
  

• Beta = 0.414 (Beta is less than 1 which shows EDG was less volatile as compared to BTC over the considered Period)
• The approximate Return over this period from EDG was about 202.55%
• The approximate Return over this period from BTC was about 6.47%
• **Considering the above data, the expected returns from EDG can be expected to be about 12.79% Approximately over the next periods.
  

Part 3: Treasury Spendings

Treasury Tips

• Ramsey - Decentration compiled the Docker image for the Wako upgrade - 40000 EDG
  

Treasury proposals

• Treasury Proposal #39 - Edgeware community film funding  - 5866666 EDG

The detailed report with the data from individual exchanges is available here: https://commonwealth.im/edgeware/proposal/discussion/2138-dao-financial-megathread?comment=9625