It is honestly a privilege to get to work alongside such hungry, smart, and driven analysts.
Back on August 20th, @blockworksres highlighted the disconnect between @KaitoAI price performance and the company’s strong traction and revenue growth. At that time, only 3 projects were live on the Capital Launchpad. Today, there are 8 projects that have either raised or are actively raising on the platform, a clear signal of strong PMF.
To date, approximately $24.7M is expected to be raised through the Launchpad, generating around $1.2M in protocol revenue, with half of that distributed directly to stakers. Despite this, yields on sKAITO pools on Pendle have remained flat and have yet to price in the upside from this growth.
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