Reservoir (DAM)

Some extremely low cap defi coins we bought in small size as venture style bets instead of doing seed investments into 0 revenue projects at 15x cash

Theme is similar across them - making good revenue, sold off because of crypto downturn, just one decent catalyst can give multiples

All are doing buybacks which gives me trust that the value is for tokenholders

@reservoir_xyz: A measly $2M circ when they claim to be at nearly $8M revs and buying back. Already in just 10 days they've acquired like 1.2% of circ supply

@MetronomeDAO: Their octav dashboard says they have $14M of assets when the fdv is just $10m... but forget trading below cash, defillama says they make $11m/y revs and profitable! They have a limit of $100k/month for buybacks but governance can change it.

@InverseFinance: After all the aave drama we're more and more sold on fixed borrow rates. A huge LP just left which caused TVL to drop but treasury is now above market cap (if you consider the veNFT)... they recently did some buybacks... and

Will be delisted in 2 days. Short opportunity provided, can be tried with money that will be thrown away once. $DAM https://t.co/unUPLxRJ4k