AAVE and JUP Buybacks Aren’t Keeping Up With New Supply
Photo: Coindoo
Key Takeaways ✓ AAVE: 3.7% earnings yield, -1.0% holder yield ✓ JUP: 3.5% earnings yield, -2.6% holder yield ✓ Aave bought 205,000 AAVE in ten months ✓ Litterbox Trust has burned about 134 million JUP Grayscale head of research Zach Pandl set out both measures in an October 21 note on crypto valuations . Earnings are positive, holder yields are not Grayscale’s adjusted earnings yield divides a protocol’s earnings by its circulating market value, then subtracts the rate at which circulating supply grew.
Source: Coindoo
