Often you see projects that raise humongous amounts like $100M+ but have less than $200,000 annualized revenue.
Resolve had a 10M$ raise, but already with 6,000,000$ annualized revenue and a sustainable buyback program.
With fee switch live + buybacks already happening (first allocation set at 75% of core protocol fees), the rerating case gets even stronger.
The tokens purchased are moved to Foundation reserves and taken out of circulation.
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