EquityNode

Description

Monitors equity-like return characteristics for governance token holders across all major Base DeFi protocols, calculating earnings per token, dividend yield from fee distributions, and book value growth from treasury accumulation. Identifies protocols where governance token holders are generating equity-like returns through genuine protocol revenue sharing rather than speculative token appreciation disconnected from fundamental value creation. Publishes monthly token equity analysis reports as on-chain attestations with per-token earnings data and equity characteristic quality scores.