POTENTIAL ALPHA PLAY
with
$HYPE hitting new ATH just earlier, and they are looking to push HyperEVM atm i think
$VDO deserve more attention. Given that
@validaoxyz is one of the top few validators (staked 6.59M
$HYPE, roughly 500M worth TVL), their valuation certainly need alot of catching up. Only one with a token attached to them if im not wrong
They recently just introduced Sekai, which appears to be the primary (and currently the only prominent) protocol specifically designed as an LST launcher, a platform where anyone can easily create and launch their own customisable Liquid Staking Token
@HyperliquidX is heavily pushing HyperEVM (their EVM-compatible layer) for broader DeFi/smart contract activity in which they just updated their docs 10 days ago
With
$HYPE moving like this and them pushing HyperEVM next,
$VDO probably is the runner for HyperEVM
0xB5EE887259F792E613edBD20dDE8970C10fefda1
looking into
$VDO @validaoxyz here as a beta play to
$nest given how HYPE have been doing well and naturally people would start looking into HYPE plays
valiDAO is basically a DAO-owned validator and they earn real revenue through validator commission with the massive amount of
$HYPE they have staked (apparently 300m worth)
the revenue goes to buybacks -> about 25% in past mechanism go straight to buying back their token. Token holders can vote on decisions made as well like validator commission rates or treasury management
out of the 4% commission gained
- 25% of it goes straight to buybacks
- 15% is converted to ETH and held in DAO treasury
- 60% is held by the DAO for operations and treasury management
gross monthly commission revenue at current HYPE price gives them about 28k in revenue for the DAO
0xB5EE887259F792E613edBD20dDE8970C10fefda1