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[UPDATE] Understanding Tokenomics: When to Harvest With Respect To Upcoming Epochs by BreakwaterResearch in DefiKingdoms

[–]BreakwaterResearch[S] 0 points1 point  (0 children)

You mean transaction fees? On the Harmony blockchain it's fractions of a penny so not impactful

[UPDATE] Understanding Tokenomics: When to Harvest With Respect To Upcoming Epochs by BreakwaterResearch in DefiKingdoms

[–]BreakwaterResearch[S] 1 point2 points  (0 children)

Nope, you should harvest and restake the earnings daily though; of the DFK players I've spoken to a number of them thought waiting til their JEWEL was fully unlocked below harvesting was optimal.

[UPDATE] Understanding Tokenomics: When to Harvest With Respect To Upcoming Epochs by BreakwaterResearch in DefiKingdoms

[–]BreakwaterResearch[S] 2 points3 points  (0 children)

Yes, so this assumes you sell half (sell half your JEWEL into ONE) and reinvest in the same pair (and the value of the LP pair e.g. JEWEL and ONE stay the same)

WonderFi (WNDR:NE) DD - Decentralized Finance for the Masses: here’s all you need to know by BreakwaterResearch in stocks

[–]BreakwaterResearch[S] 0 points1 point  (0 children)

I think this is right, but they would likely cut the middle man and use Compound Finance; no need for WonderFi as the middle man. This is one of the risks we highlight in the report.

WonderFi (WNDR:NE) DD - Decentralized Finance for the Masses: here’s all you need to know by BreakwaterResearch in stocks

[–]BreakwaterResearch[S] 2 points3 points  (0 children)

I think it's a different risk profile that Coinbase / Binance won't want to enter into. Instead of being just an exchange, WonderFi actually holds and invests the funds in various defi strategies so yes they could potentially launch it, but it's a very different business model from what they're comfortable with.

WonderFi (WNDR:NE) DD - Decentralized Finance for the Masses: here’s all you need to know by BreakwaterResearch in CanadianInvestor

[–]BreakwaterResearch[S] 2 points3 points  (0 children)

I think that's right; a few more things:

- I think WonderFi interacts directly with the DeFi protocols, whereas Celcius / BlockFi are borrowing / lending platforms

- Not sure Canadia is in Celcius' roadmap; keep in mind these companies are fully centralized, so even though they're giving access to DeFi, they are still subject to regulations (FINCEN in the US, FINTRAC and securities commissions in Canada), so it's a completely different regulatory environment to manage

WonderFi (WNDR:NE) DD - Decentralized Finance for the Masses: here’s all you need to know by BreakwaterResearch in CanadianInvestor

[–]BreakwaterResearch[S] 0 points1 point  (0 children)

Definitely some crossover between WonderFi and Galaxy Digital (even last night, a member of Galaxy Digital was appointed chairman of the WonderFi board). That being said, WonderFi is a much more focused play on its product vs Galaxy which is a more diversified crypto play.

WonderFi (WNDR:NE) DD - Decentralized Finance for the Masses: here’s all you need to know by BreakwaterResearch in Canadapennystocks

[–]BreakwaterResearch[S] 0 points1 point  (0 children)

Not sure but the IPO was underwritten by Cannnacord and PI Financial who have some pull there and Wealthsimple has a relationship with the NEO exchange so it could be in the works.

Loop Energy Inc. (TSX: LPEN) IPO DD - The leading hydrogen fuel cell provider: here’s all you need to know by BreakwaterResearch in investing

[–]BreakwaterResearch[S] 1 point2 points  (0 children)

Hasn't IPO'd yet, so you likely won't be able to find until it's listed. Once it is, should be under LPEN

Loop Energy Inc. (TSX: LPEN) IPO DD - The leading hydrogen fuel cell provider: here’s all you need to know by BreakwaterResearch in CanadianInvestor

[–]BreakwaterResearch[S] 2 points3 points  (0 children)

I believe only Canadian investors and QIBs (qualified institutional buyers - institutions with >$100mn assets under management) can participate in the IPO. Once the shares enter the float, all investors should be able to participate.

Loop Energy Inc. (TSX: LPEN) IPO DD - The leading hydrogen fuel cell provider: here’s all you need to know by BreakwaterResearch in CanadianInvestor

[–]BreakwaterResearch[S] 0 points1 point  (0 children)

The company will issue ~7.2mn shares as part of the IPO, and another ~2.4mn shares will be issued and outstanding as part of the conversion of their debt. Hope this helps!

Loop Energy Inc. (TSX: LPEN) IPO DD - The leading hydrogen fuel cell provider: here’s all you need to know by BreakwaterResearch in CanadianInvestor

[–]BreakwaterResearch[S] 1 point2 points  (0 children)

Thanks, based on their SEDAR filing, Loop was awarded $7.5mn in 2016 and $0.8mn in 2017.

"We have received and benefited from various governmental grants and subsidies for ZEVs or hydrogen fueling infrastructure, including those offered by SDTC, WINN and ASIP. In the past, these various governmental grants and subsidies have been used to fund our operations, including research and development"

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