The dying patient BTC in Decentralized Finance has begun issuing coins to recover losses. Let's take a look at Yala (YALA)'s TGE on July 22 and see how to estimate coin price and trading operations?

Background: Bitcoin Lending + Stablecoin Protocol
Financing: Seed round $8M
Business: TVL $209.22M, $YU Yield up to 21.91%, Total $YU Supply $118.95M
Community: X 180K,
Tokenomics: VC accounts for 15.98% of the coin, airdrop 3.4%, various large initial unlocks, with no constraints.
The basic utility is there, but the source of staking rewards is not detailed, and the yield of the stablecoin $YU belongs to BTC holders rather than YALA coin holders.
Valuation: 1) Based on this, VC valuation $50M
2)Babylon(BABY) FDV $540M TVL $4.85B
Solv Protocol(SOLV) FDV $400M TVL $2B
Lorenzo Protocol $130M
PumpBTC $40M
Bedrock(BR) FDV $70M TVL $687M
BounceBit(BB) FDV $260M TVL $550M
Echo Protocol $20M
Conclusion: The BTCfi sector had some heat last year, but it has been repeatedly disproven this year and lacks value demand; considering both VC and the same sector, if it can open at $200M, it would be very safe to short it, but the valuation of this sector is quite mature, and it may not open high.
Due to some information not being disclosed, analysis cannot be conducted at this time. If there are updates later in this article, they will be followed up in the comments section.