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#DeFi protocol valuation

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Grayscale Warns Crypto Token Inflation Can Wipe Out Holder Rewards
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Grayscale Warns Crypto Token Inflation Can Wipe Out Holder Rewards

Key Highlights: Grayscale Investments evaluates decentralized finance protocols using tokenholder yield and adjusted earnings yield to measure true economic return against token inflation. Based on Oct. 20 data from the FTSE Grayscale Financials Crypto Sector, Hyperliquid ($HYPE) achieved the highest tokenholder yield at 8.0%, while PancakeSwap ($CAKE) led adjusted earnings yield at 14.4%. Grayscale applies ...