How Does a Token's Staking Yield Factor into a DCF Analysis? ▴ Learn

How Does a Token’s Staking Yield Factor into a DCF Analysis?

Staking yield can be viewed as a form of dividend or cash flow distributed to token holders who secure the network or provide liquidity. In a DCF model, this yield can be included as part of the periodic cash flows projected for the token.

However, it is crucial to distinguish between real yield (from protocol revenue) and inflationary yield (from new token issuance), as only real yield represents sustainable intrinsic value.

What Is the Difference between a Fee-Sharing Token and a Simple Utility Token in a DCF Context?

How Do Transaction Fees Become a More Critical Factor for Miner Revenue after a Halving?

How Is a Token Burn Often Used as a Mechanism for Revenue Sharing or Protocol Fee Distribution?

How Does the Discounted Cash Flow (DCF) Model Apply to Non-Dividend-Paying Tokens?