$USTC shut down after TFL broke off the relationship. I have also done some research on Mint Cash @wemintcash in the past two days, and I am also on the bus, so the interests are related. ✍️ Today I will give you a detailed calculation, one is 1.25x-12.5 How do the odds of x come about. I think what the founder said is very right: TFL should have tried to use this method to save the project 18 months ago. 🧵 The current method of Mint Cash, I think is the best solution to increase the value of $USTC: 1. Rules: According to the current valuation method of Mint Cash, it is how much USTC is finally deposited into the airdrop contract, and then the value of 1 US dollar is Calculating the project valuation, the current circulating supply of USTC is 9 billion. If half of the amount of 4.5 billion is locked, then the valuation of the new project will be 4.5 billion US dollars. 2. The valuation of 4.5 billion must be on the high side. Under conservative conditions, we reduce it by 10 times. The FDV of 450 million is relatively reasonable for an ordinary public chain, so we can calculate $USTC = $0.1. From the current price of $0.04, there is still room for at least 1 times more. 3. Why does the game say that Mint Cash’s plan is very smart? Because all $USTC in the airdrop contract must be destroyed, so there will be two situations: (1) If there are a lot of locked $USTC, then the remaining $USTC in circulation will The sudden decrease in the circulation of USTC will be very beneficial to the price increase and will also become a topic of speculation. However, many people directly use the entire $USTC circulation to calculate the valuation of new projects. This algorithm is wrong. If it is calculated this way, USTC will be bought up. (2) If there is very little $USTC locked up, the valuation of Mint Cash will be very low, close to reasonable or even underestimated. Users who lock up their positions in the airdrop contract are very likely to actually use $USTC. = $1 USD value exchanged for new project tokens. So the result of the game here is that either (1) or (2) will benefit $USTC, and the odds are very high. So do you expect more or fewer people to participate in Mint Cash? What are the current odds of $0.04? (1) If a lot of funds are involved, my personal estimate is that the highest is half of 4.5 billion USTC, then the valuation is 450 million at a 10% discount, and the current income is 1.25 times. (2) If the funds involved are very small, 10% of the amount is 900 million, the valuation is 450 million at a 50% discount, and the current income is 12.5 times. Of course, you can also not participate in the airdrop contract and sell $USTC at any time during the rise. In short, I agree with the founders point of view. This plan should have been implemented by TFL 18 months ago.