Valueverse v2 Launch
We're launching Valueverse V2, a major platform update with initial coverage of 25 tokens.
The new version introduces a refined token-holder revenue attribution methodology, three distinct valuation metrics, and significant API and UI/UX improvements.
What's new?
1. Refined Token-Holder Revenue Methodology
We've significantly improved our methodology for identifying and attributing revenue to token holders, addressing numerous edge cases across different token economic designs.
The goal is simple: count only real revenue attributable to token holders, without confusing it with token emissions or other incentives.
Every revenue stream is classified and attributed according to how value actually flows through the token's economic design.
This creates a more consistent and reliable foundation for comparing fundamentally different assets.
2. Three P/FCFt Valuation Metrics Instead of One
We've replaced the single Holder P/FCF metric with three distinct perspectives: Base, Max, and Aggregate P/FCFt.
This provides a more comprehensive view of token-holder cash flows and improves comparability across tokens with different value accrual mechanisms.
3. Base, Max, and Aggregate — What Do They Measure?
- Base P/FCFt: Measures revenue and valuation based on what a passive token holder can earn simply by holding the token in their wallet - without staking, locking, voting, or taking any other action.
- Max P/FCFt: Measures revenue and valuation assuming a token holder takes all necessary actions to capture every available revenue stream permitted by the token's economic design.
- Aggregate P/FCFt: Measures the valuation against total revenue attributable to token holders across all eligible participation mechanisms, providing a protocol-wide perspective on value accrual.
Together, these metrics distinguish between passive ownership, maximum achievable economic benefits, and aggregate value distribution.
4. API and UI/UX Improvements
We've also introduced significant improvements to the platform's interface and API, making token revenue data easier to explore, interpret, and integrate into investment research and analytical workflows.
One principle remains unchanged: protocol revenue is not necessarily token-holder revenue.
Valueverse V2 is built to answer the questions that matter for token valuation:
- How much real revenue does a token generate for its holders?
- What actions must holders take to capture that revenue?
- How much are investors paying for those cash flows?
25 tokens at launch. More coming soon.