Hello everyone,
as always, I hope you are doing well.
To sum up:
The stock-to-flow is the number we get when we divide the total stock by the annual production (flow).
It indicates how many years are required, at the current production rate, to produce what is in the current stock.
The stock is simply the total in circulation, in our case, the number of...
This indicator is to show a ratio of SushiSwap's fully-diluted market cap to that of UniSwap, which is (SushiSwap diMCap / UniSwap diMCap) * 100%.
This simple comparison will reveal how SushiSwap is undervalued as compared to UniSwap as of now especially when the market is irrational.
A few days ago, UniSwap ended its UNI rewards program and a lot of liquidity...