92.5K @Flowslikeosmo $LAND is generating more daily fees than $ORE right now.
A quick valuation observation on miners right now:
> $LAND: $640K mcap - $582K fees (30d) - P/S 0.15x
> $BEAN: $792K mcap - $169K fees (30d) - P/S 0.39x
> $ORE: $47.2M mcap - $2.48M fees (30d) - P/S 1.59x
There's a gap that the market has yet to close.
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1.4K @landbidbase Land Bid v2 launched 5 days ago and has already generated $1.2M in revenue. We’ve returned 15% to holders:
- $136,844 in buybacks (29.12% of supply bought back)
- $36,500 paid to $LAND stakers in $ETH
- $9,123 for community incentives (pre-v2 staking + current mining competition)
Many good news coming over the next week landowners.
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92.5K @Flowslikeosmo Every day we get closer to net deflation for $LAND
- Miners are holding (Can see this from the Base APR now at a "mere" 3.0K%)
- Over $115K in $LAND Buybacks now
- Net Buybacks vs. Emissions have almost flipped
Halving is coming in 2 weeks; it's a game of farming as much as you can right now.
$LAND scarcity will drive value higher as buybacks and supply crunch compound.
12.5K @dontbuytops Let's run some quick stats on @landbidbase:
> 25.5% of the total supply burned (over $110k in buybacks so far).
> 40% of the total supply staked.
> 326k tokens unclaimed with over 110k tokens locked for 7/14 days.
> circulating marketcap is ~122k.
> Nearly $1M in total revenue
> $30,000 distributed in staking rewards
> $190,000 daily revenue (top 1 on @base)
> Net emissions close to become deflationary
The team keeps working and delivering.
$LAND
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