Dear Anon,
Sometimes a picture is worth a thousand words in
@photofinishgame and thankfully Twitter doesn’t even give me that option. For today’s daily dose of
#HorseBusiness, I wanted to share a handy graphic from
@RipTyde_sol. Below we have the return on staking one
$crown for each season. What this chart tells you is that track revenue, 20% of which goes to
$crown stakers with the balance going to racers, is growing faster than emissions. And with emissions from racing dropping by 10% each season and PFP emissions stopping altogether next year… this project is a coiled spring.
As they say… the trend is your friend.
Best,
Zedge