Hulk.Finance token, its value and potential
We will run a presale of HULK tokens in a few days. As we wrote before, we plan to sell 10,000 HULKs at a presale price of 0.1 ETH (or 1 ETH=10 HULKs)
Currently, our community votes in a Twitter poll, what maximum presale allocation per one wallet should be. The battle between 15 and 35 ETH limits is a real intrigue.
Meanwhile, let us remind you, what value HULK token bears. It is a profit-sharing token, so each holder of HULK token will get an appropriate profit share from the monthly earnings of our staking pool under HFT fund management.
What is the target profit estimate that we expect to have? We have two variants based on current statistics of HFT fund: Conservative — APY 25% and Optimistic — APY 40%.
Let’s assume that we are running just one staking pool #1 — USDT. We have a very good guaranteed interest rate of 15%, and we have reached our target cap of 10,000,000 USDT due to it.
Conservative scenario: HFT fund brings our DAO 25% APY, which is equal to 2,500,000 USDT. We have to pay out 1,500,000 to our USDT stakers, and we have 1,000,000 to be distributed between our HULK Vault stakers. Let’s assume that all 100,000 HULKs are staked 100% time in Vault. So we have to distribute 1,000,000 between 100,000 token holders. It is 10 USDT/per 1 token. In practice, we expect that 70% of tokens will be staked, others will circulate on market.
In the Optimistic scenario, the HFT fund brings 40% APY from trading operations to our DAO, which is equal to 4,000,000, and after the payout, HULK holders have 2,500,000 to split. It is 25 USDT/per 1 token.
In other words, earnings may vary from 10 to 25 USDT per token.
The average P/E (Price/Earnings ratio) for the S&P 500 has historically ranged from 13 to 15. If we were based on traditional market averages and planned earnings are 10 USDT, the price of the token should vary from 130 to 150 USDT, in optimistic cases, it may reach 325–375 USDT.
In the crypto world, P/E ratios are different. For example, there are calculations for in this article, and Maker token P/E is equal to 249,66 and Synthetix- 120,52. We think that such P/E is a bit unreal, but who knows. And you may estimate the token price by yourself.
We believe that the combination of our ideas and the quality of development will bring us to set targets. And we remind you once again, that we are DAO — Decentralized Autonomous Organization. So you may join our ride very soon, during our presale, with a special price 0,1 ETH per 1 HULK token.
Subscribe to our Telegram and Twitter not to miss the launch of the presale, only 10 000 HULKs will be sold.
Also, we plan a small airdrop for early followers, stay tuned.
