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MAKE A COPY OF THIS SHEET TO ADJUST THESE VALUES
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Key:Variable InputsIon Cost/Value Per Point Final OutputFormula
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Instructions on changing outputs
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Total Collateral$10,000.001. Deposit Amount$10,000.00
1. Change deposit amount to reflect the desired amount in USD to deposit into Ion Protocol
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Total Debt$0.002. Leverage Multiplier1.00
2. Change the leverage multiplier to reflect the amount you wish to multiply your deposit by
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Total Collateral in ETH3.963. Current Borrow Rate5.09%
3. Change the current borrow rate to one that reflects the current borrow rate for your desired market on Ion
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ETH Price2522.2567
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EigenLayerRenzoEtherFiSwellKelpDAOWelcome To "Ion Protocol's Points Earnings and Costs Calculator"
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1. Campaign Start15/03/202401/05/202415/03/202401/05/202401/01/20241. These start dates are confirmed from each respective protocol and their point campaigns
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2. Campaign End (Assumed)30/09/202401/08/202430/06/202411/06/202426/06/20242. The campaign end dates are assumed either based on media posts from the protocols, from pendle PT end dates, or from conservative assumptions
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3. Campaign Length (Days)1999210741177
3. The difference between the campaign start date and campaign end date
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4. Deposit Date 07/06/202407/06/202407/06/202407/06/202407/06/2024
4. The date on which you deposit into Ion Protocol and begin the strategy
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5. Deposit Length1155523419
5. The number of days before the end of the campaign
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6. Average TVL (ETH)7,000,0001,100,0001,400,0001,100,000165,000
6. The average TVL of each protocol over this time
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7. Daily Points Emitted168,000,00026,400,0001,400,000,00026,400,0001,650,000,000
7. Based on the documentation from each respective protocol
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8. Total Points Emitted33,432,000,0002,428,800,000149,800,000,0001,082,400,000292,050,000,000
8. The daily points emitted times the campaign length
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9. Expected FDV25,000,000,0001,300,000,0004,200,000,0001,300,000,0001,300,000,000
9. The expected FDV of the protocol's token at tge
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10. Airdrop %8.25%5.00%5.00%5.00%5.00%
10. The % of supply that will be airdropped
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11. Airdrop Value$2,062,500,000.00$65,000,000.00$210,000,000.00$65,000,000.00$65,000,000.00
11. The expected FDV of the protocol's token at tge times the % of supply that will be airdropped
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12. Points Earned Per Day95.1595.153964.7095.1539647.04
12. The total collateral in ETH times the daily number
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13. Total Points Earned10942.585233.4191188.18380.61753293.67
13. The points earned per day times the total deposit length
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14. Est. Total Cost$0.00$0.00$0.00$0.00$0.00
14. The current borrow rate (APR) times the total debt times the proportion of deposit length to the number of days in this year
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15. Est. Cost Per Point$0.000000$0.000000$0.000000$0.000000$0.000000
15. The total cost divided by the total points earned
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16. Est. Value Per Point$0.061692$0.026762$0.001402$0.060052$0.000223
16. The airdrop value divided by the total number of points emitted
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17. Est. LRT Airdrop Valuen/a$140.06$127.83$22.86$167.66
17. The value per point times the total points earned
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18. Est. Eigen Airdrop Value$675.07$322.86$135.01$23.48$111.53
18. The value per EigenLayer point times the total collateral in ETH times the number of points per ETH distributed by EigenLayer per day (24) times the deposit length
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19. Est. Total Airdrop Value$675.07$462.92$262.85$46.34$279.19
19. The LRT airdrop value plus EigenLayer airdrop value
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20. Est. Total Return$675.07$462.92$262.85$46.34$279.19
20. The LRT airdrop value plus EigenLayer airdrop value minus total cost
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21. Est. Net ROI (From today to tge)6.75%4.63%2.63%0.46%2.79%
21. The total Return divided by the deposit amount
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22. Est. Net APY (From today to tge)21.48%30.81%41.83%42.40%53.78%
22. The proportion of deposit length to the number of days in this year times the net ROI
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