21h ago
time to buy $20m in $aave in one shot @lemiscate
$aave price to sales sits at 20, heading even cheaper i believe it makes sense to buy at an accelerated rate at and under 20 price to sales. want to keep plenty of cash for rainy days, but the company is going to be worth a lot more. this is a good investment at these levels with such high growth with time, it makes sense to increase staking yield (and if needed raise cash to use as a boon and to spend in further growth initiatives) when price to sales is above 40 and company is value is priced in here are the P/E ratios of banks everyone knows: morgan: 14.79 boa 13.78 citi 13.53 wfc 13.84 usb 10.93 these are mature banks with less ability for high growth. aave is young and positioned to grow exponentially as the world is brought onchain $aave has bought back 102,000 tokens so far, and there are no plans to sell. those coins are effectively out of circulation bringing $aave's real P/S ratio lower. $52 million a year in supply reduction annually as it stands new growth drivers like GHO and Horizon stand to create new revenue streams (GHO with potential to even surpass the core lending/borrow business in profitability), which will lead to higher revenues over the long term should those endeavors find footing. i believe this is likely due to competitive advantages gained from aave's dominance in the core lending/borrow business I say buy $aave aggressively.
$aave price to sales sits at 20, heading even cheaper i believe it makes sense to buy at an accelerated rate at and under 20 price to sales. want to keep plenty of cash for rainy days, but the company is going to be worth a lot more. this is a good investment at these levels with such high growth with time, it makes sense to increase staking yield (and if needed raise cash to use as a boon and to spend in further growth initiatives) when price to sales is above 40 and company is value is priced in here are the P/E ratios of banks everyone knows: morgan: 14.79 boa 13.78 citi 13.53 wfc 13.84 usb 10.93 these are mature banks with less ability for high growth. aave is young and positioned to grow exponentially as the world is brought onchain aave has bought back 102,000 tokens so far, and there are no plans to sell. those coins are effectively out of circulation bringing aave real P/S ratio lower. $52 million a year in supply reduction annually as it stands new growth drivers like GHO and Horizon stand to create new revenue streams (GHO with potential to even surpass the core lending/borrow business in profitability), which will lead to higher revenues over the long term should those endeavors find footing. i believe this is likely due to competitive advantages gained from aave's dominance in the core lending/borrow business I say buy $aave aggressively.
Show original
3.45K
7
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.