If it weren't for yesterday's WAVE surge, $CTDA would definitely hold the throne of the first in line for Genesis Launch V2.

But today I want to talk about the DeFi opportunities brought by $PEGG.

——— $PEGG's Super DeFi Opportunities ———

$PEGG is a token issued by @pokpok_io with a fixed total supply (approximately 11.2m tokens) used to reward users for participating in Pokpok's gamified options. 30% of the fees from the options protocol will go to the $PEGG system. Weekly distributions will be made to $XPEGG holders, and our DeFi opportunities also come from here.

Does it look a bit confusing?👀 Let me simplify it.

1️⃣ Go to @pokpok_io (also launched on baseapp, can be searched directly) to open options

2️⃣ After making a profit from options, you will get a healthy 🐥 and then stake the 🐥 (up to 30 days), your 🐥 will continuously lay eggs to produce $PEGG

3️⃣ Staking $PEGG will allow you to get $XPEGG

4️⃣ Every week 30% of the options trading fee revenue and other people's claim penalties will be given to $PEGG

Currently, the staking 🐥 for $PEGG activity only lasts until the end of 2025, and the subsequent rewards will be replaced with the expected Q4 TGE of $POK.

So another method is to buy $PEGG directly in the secondary market

————* $XPEGG Earnings 💰 *————

Understanding how to obtain revenue, where the revenue comes from, then how much revenue is there?

For example, this week, the next trading fee given to all $XPEGG holders is: 0.8286ETH

Current total staked $PEGG: 2.97m

Staking $PEGG accounts for a total supply ratio of: 36.42%

(Here we can deduce that approximately 3 million $PEGG has already been burned)

Let's calculate, assuming we stake 0.01 million $PEGG (approximately 750u) this week and can obtain 0.00279ETH (approximately 12.834u based on 4600u/ETH)

APW: 1.17112%, corresponding APY: 88.98%💰

What if we reinvest the weekly earnings?

The corresponding APY will reach: ~139%

Just asking if it's fragrant 🤣

The subsequent launch of the @pokpok_io Vault will bring new increments. It is expected that this part of the fees will increase!

However, a risk warning is still necessary ⚠️:

「

The options trading fees distributed weekly are not fixed. When the market is volatile, options are easier to make money, so there are more people willing to open options. The trading volume in September set a new high for @pokpok_io.

If the market fluctuates or @pokpok_io's business development is not favorable, there is a risk that the fees will decrease below expectations.

Assuming the weekly payment of fees remains unchanged, if the price of $PEGG drops, the APY will increase. If the price of $PEGG rises, the APY will decrease.

」

———— Genesis Pok NFT ————

For those who see this, let me contribute another wealth code, @pokpok_io's nft!

NFT-Genesis-Flock has three uses:

- Staking NFTs can also earn $PEGG. Confirmed with the team, after this year, staking will reward $POK (the actual amount is relatively small)

- Get the $POK airdrop for Q4 TGE, a total of 888 NFTs accounting for 8.88% of the supply, equivalent to 0.1%. Even if we consider the $CTDA 8m FDV, it's worth 8k, but the current floor price on Opensea is only 0.15ETH. I went for it first 😃

- Can have some analytical tools and market report permissions

- Options trading fee reduction (planned)

🧨 View on Opensea: opensea.io/collection/pok…