# EDG DAO Financial Bulletin: First Fortnight of April

Provides the community a fair idea about the performance of EDG as compared to the market as well as the peers of EDG.

(** the figures mentioned in this report are our personal opinions, so please don’t consider this as investment advice)

Part 1: EDG Performance

• During the last fortnight, the overall performance of EDG was slightly bearish, with prices mostly moving sideways including a couple of spikes.
• In this fortnight, the highest price of EDG was approximately 0.0071 USD around 3/4/22.
• The first spike was around 3/4/22, with prices going up slightly from 0.005 USD to 0.007 USD and 24h volume during this period was around 1.6mn USD, which was much higher compared to other days. The upward price trend with increased volumes shows buying activity.
• The second spike, after a sideways movement on previous days, was observed around 11/4/22, when the price went from 0.004 to 0.0056, with a slight increase in volumes. This again signals buying activities.
• Based on the financial models, we see that the returns are expected to be around 5 - 9%** over the next period.

Part 2: Comparative Analysis

• Period = 2 weeks (1/4/2022 to 15/4/2022)
• Beta = Volatility Factor
• Rf = Risk-free return (Approximately 4%) (Government Bonds)
• Rm = Return from Equity market (Approximately 10%)
• Beta = 0.94 (Beta is less than 1 which shows EDG was less volatile than BTC)
• The approximate Return over this period from EDG was about -12.43%
• The approximate Return over this period from BTC was about -12.23%
• **Considering the above data, the expected returns from EDG can be expected to be about 9.65% Approximately over the next periods.
• Beta = 0.85 (Beta is less than 1 which shows EDG was less volatile as compared to DOT over the considered Period)
• The approximate Return over this period from EDG was about -12.43%
• The approximate Return over this period from DOT was about -15.78%
• **Considering the above data, the expected returns from EDG can be expected to be about 9.15% Approximately over the next periods.
• Beta = 1.03 (Beta is more than 1 which shows EDG was more volatile as compared to KSM over the considered Period)
• The approximate Return over this period from EDG was about -12.43%
• The approximate Return over this period from KSM was about -14.38%
• **Considering the above data, the expected returns from EDG can be expected to be about 10.19% Approximately over the next periods.
• Beta = 0.64 (Beta is less than 1 which shows EDG was less volatile as compared to ETH over the considered Period
• The approximate Return over this period from EDG was about -12.43%
• The approximate Return over this period from ETH was about -7.92%
• **Considering the above data, the expected returns. from EDG can be expected to be about 7.85% Approximately over the next periods.
• Beta = 0.622 (Beta is Less than 1 which shows EDG was less volatile as compared to AVAX over the considered Period)
• The approximate Return over this period from EDG was about -12.43%
• The approximate Return over this period from AVAX was about -19.70%
• **Considering the above data, the expected returns from EDG can be expected to be about 7.73% Approximately over the next periods.
• Beta = 0.29 (Beta is less than 1 which shows EDG was less volatile as compared to ALGO over the considered Period)
• The approximate Return over this period from EDG was about - 12.43%
• The approximate Return over this period from ALGO was about -21.52%
• **Considering the above data, the expected returns from EDG can be expected to be about 5.73% Approximately over the next periods.

Conclusion:

Over the period considered for analysis, the EDG token was less volatile as compared to BTC, AVAX, DOT, ETH, ALGO, and more volatile as compared to KSM. Based on the financial models, **the returns over the next period can be expected to be positive and around **

Part 3: Treasury Spendings

Treasury Proposals

• Treasury Proposal #56 - Market Maker-faciliatated Liquidation and Exchange B Final Items - 44,193,548 EDG
• Treasury Proposal #57 - Kabocha Kitchen Node / Substrate Recipes - 1,980,00 EDG
• Treasury Proposal #58 - Kabocha legal and compliance - 1,874,999 EDG

Treasury Tips:
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