The Top9 projects by P/S ratio are currently
1. $DODO with $30M revenue on $30M FDV = 1x (no buybacks since April 2024 though)
2. $GP with $16M revenue on $25M FDV = 0.7x (GP is the foundation layer for and 7.6% of the bonk fees, approximately $1M/month go into buybacks for GP)
3. $PEAS with $10M revenue on $20M FDV = 0.5x (significant amount of revenue going into buybacks, but not 100% specified yet)
4. $SHADOW with $10M revenue on $25M FDV = 0.4x (buybacks unclear)
5. $KYBER with $20M revenue on $70M FDV = 0.3x ( no buybacks)
6. $BANANA with $40M revenue on $130M FDV = 0.27x (no buybacks but 30% APY to stakers)
7. $GNS with $7M revenue on $30M FDV = 0.25x (around 80% goes to buyback and burns)
8. $CAKE with $200M revenue on $1B FDV = 0.2x (100% of revenue goes to buyback and burns)
9. $AERO with $200M revenue on $1.5B FDV = 0.15x (100% of fees go to LP pool liquidity providers).
2. and 3. look really, really good tbh.
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