Is there a standard formula we can use to start valuing crypto assets? What metrics even matter? Is it fee revenue, MEV or something else? That is what we discuss in today's episode with Michael Nadeau, founder of DeFi Report.

? HELP US GROW ? Subscribe to our Podcast

? Get smarter about crypto in 5 minutes with our daily, free newsletter: https://themilkroad.beehiiv.com/subscribe 

? Go PRO and become a better investor with the #1 crypto research and analysis:
https://milkroad.com/offer/sign-up-for-pro/ 

✊ Follow Milk Road on Social Media:
? Milk Road Twitter: https://twitter.com/MilkRoadDaily 
? Milk Road Instagram: https://www.instagram.com/milkroaddaily/ 
? Kyle's Twitter: https://twitter.com/KyleReidhead 
?https://www.youtube.com/channel/UCEaYvbpM1JI2HWKvnikBT-g


? GUEST INFO ?
Michael Nadeau
Website:https://thedefireport.io/ 
X: https://twitter.com/JustDeauIt 
LinkedIn: https://www.linkedin.com/in/michael-austin-nadeau/


⏱ TIME POINTS ⏱
00:00 - Intro 
02:14 - Michael’s background
04:05 - Where are we in this cycle?
11:55 - How to value blockchains
19:24 - Comparing different blockchains
22:25 - Fees
26:08 - MEV
28:39 - Thoughts on L2s
32:31 - Where is the value really going?
35:11 - Final thoughts