The case for Gnosis Chain

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The case for Gnosis Chain

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The author argues that GNO, the token of GnosisDAO, could rise fivefold and still not look overvalued, citing a treasury of over $250m in ETH and stablecoins, a large venture portfolio, and a growing Gnosis Chain now in the top 10 by TVL. The article states that GnosisDAO's treasury holds about $260m in ETH and stablecoins, equal to half of GNO's market cap, and that Gnosis Chain has attracted projects such as Aave V3, Cowswap and Balancer. It also reports that Gnosis Chain has over 106,000 validators, a 1 GNO validator minimum, and a GnosisPay card waitlist of close to 10,000 KYC'd users.

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