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$LUNA FDV $50b, $UST supply 11b, annualized protocol revenue ~$4m $MKR FDV $1.8b, $DAI supply 10b, annualized protocol revenue ~$135m Iykyk

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Pan

@holobob3

Jan 29

Curious to why and what this $LUNA ecosystem keeps many excited about tbh (genuine qn, haven't spent sufficient time on it).. although I personally feel that the 'DeFi 1.0' names have really lagged in interest despite protocol revenue/treasury that they're sitting on.

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Well, for one, it does 30x makerdaos revenue And it is the second largest L1 by tvl

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Do Kwon

@stablekwon

· Jan 30

Replying to @ColeGotTweets

Actually, luna dividends at current val $4B collected entirely by fees and no inflation MKR does …? Kthanks

12:35 AM · Jan 30, 2022Twitter for iPhone

Replying to

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Appreciate this response

@stablekwon

! Isn't it hard to compare TVL for $LUNA vs. $MKR since it's an ecosystem (L1) vs. a dapp? Might be sending my own qn lol.

Pan

@holobob3

Jan 30

Curious to the potential of the type of apps that are incentivised to be composed on top of $LUNA given how it seems less positioned as a competing L1/smart contract platform but more so as a monetary ecosystem?

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