Would Genius, who is about to be TGE, be the exception after being turned by Perp DEX

Original Odaily Daily@OdailyChinaI'm not sure

Author Asher@Asher 0210I'm not sure

Last FridayYZi Labs invested in tens of millions of dollars, and CZ personally joined as consultant GeniusSEND AN ANNOUNCEMENT ON PLATFORM XAirdrop share 21% of total supply of currencyIt is divided into three seasons: Season 1, Season 2, Season 3, or 7 per cent。

Official original, there's a clear error in the chart. Bottom Right Season 2 should read Season 3

According to Genius This post is part of our special coverage Syria Protests 2011Season 1 will end by April 12, and more importantly, TGE by April 12I DON'T KNOW. AS A RESULT, THE SHARE OF COMMUNITY AIRDROPS BY TGE TIME BY APRIL 12 WAS 7 PER CENT OF THE TOTAL SUPPLY OF COINS, OR 7.0 MILLION。

Genius  previously indicated that TGE would take place before 12 April

Here, Odaily's Daily News shows how Genius, the current trade volume makes the GP cost and airdrop value analysis。

YZi Labs invests tens of millions of dollars and CZ personally joins Genius as a consultant

Genius is a centralized, privacy-centred trading platform that provides spot, permanent contracts and documentary transactions in support of over 10 public chains, including BNB Chain, Solana, with the goal of becoming an alternative to the chain- BRING CEX SPEED, MOBILITY AND PRIVACY EXPERIENCE TO THE CHAIN WHILE MAINTAINING FULL SELF-CUSTODY, NON-CUSTODY (USER HAS PRIVATE KEY)。

As early as October 2024Genius announced the completion of $6 million in seed ship finance, CCMC Global, Cadenza Ventures, AVA Labs, Arca, Flow Traders, etc。

On January 13th of this yearGenius announced that YZi Labs had put tens of millions of dollars into it, and that CZ had personally joined as an adviser。

Season 1 seasonTOTAL 200 MILLION GP POINTS, WHICH HAVE BEEN CONCENTRATED IN RECENT WEEKS BETWEEN 0.025 AND 0.045 DOLLARS

Genius said that when he published the new GP crediting rules at the end of January, he said:S1 SEASONS AMOUNTING TO 200 MILLION GP POINTS, WILL NOT BE ADDED。Currently, the determination of TGE ' s pre-total score means that the value of potential air drops depends on the cost of the score and the community ' s expectations of Genius ' opening。

Accrual costs are concentrated between 0.025 and 0.045

According to feedback from many deep-tilled “sniffing” users, in recent weeks Genius brushed trades at a cost of $0.025 to $0.045 per credit, and last week at a “minimum cost week”。

A hairy user close to 3 weeks of scoring costing

In addition, according to Dune data, it is not difficult to find outMost users of brushing Genius concentrate on the last day of the weekAnd the last day of the week in almost three weeks is between $300 million and $400 million。

Genius-day transaction data

Transaction charges dropped sharply from 0.3% to 0.04% this week

Yesterday, Genius announced that, at the end of the week, the fees for all transactions on the platform had dropped sharply from 0.3 per cent to 0.04 per cent, plus the project was about to start at TGE, and that there would be an outbreak of transactions on the last 2 days of the week。

The market generally expects Genius to open an FDV of between $100 million and $150 million

Odaily SeerMonitoring shows that Polymarket is now on line with the “Genius Disk One Day FDV” forecast market, predicting that the probability of FDV greater than $100 million will be 74 per cent after the opening date, and that the probability of FDV greater than $200 million will be only 27 per cent after the opening date。

Polymarket is now on "Genius" and the FDV predictor market after opening

ACCORDING TO AVAILABLE DATA, TGE TIME DROPPED 7% OF THE TOTAL SUPPLY OF TOKENS, 70 MILLION COINS, FOR 200 MILLION GP POINTSASSUMING EQUITABLE DISTRIBUTION OF TOKENS, APPROXIMATELY 0.35 TOKENS PER GP SCORE, SO THE OPENING VALUE OF THE FDV TO THE GP IS DIFFERENT:

• IF THE FDV IS $100 MILLION, THE VALUE PER GP IS ABOUT $0.035: MOST PEOPLE ARE CONSIDERED TO BE “SUSTAINED BACK-TO-BACK” OR SECURE THRESHOLD, WITH LOW-COST TRANSACTION USERS MAKING SMALL PROFITS
• IF THE FDV IS $200 MILLION, THE VALUE PER GP IS APPROXIMATELY 0.07 DOLLARS: LOW-COST USERS OF THE BRUSH TRADE HAVE A CLEAR POSITIVE GAIN FOR THE COMMUNITY。
• IF THE FDV IS $300 MILLION, THE VALUE PER GP IS APPROXIMATELY $0.105
• If the FDV is $500 million, the value per GP is approximately $0.175: some KOL optimistic expectations combined with double Buff financing from CZ consultants + YZi Labs。

In combination with Polymarket projections, if Genius delivers relatively fairly according to the previously mentioned airdropsIt's closer to a "preferred gain."— At least, it is no longer a typical “anti-silence case”。

But the problem is that market confidence has been clearly overstretched after a Q1 round of intensive “anti-education”. Against the backdrop of the still-depressive state of affairs, whether Genius' TGE will be a long-defunct return repair or another seemingly reasonable and realistic harvest script still needs to be physically verified。