In our case we can’t save a lot on infra. If delegators lose rewards due to significant downtime we will have to compensate and the idea is to minimize the probability of that event. The most severe risk here is a loss of reputation, as it might affect perception of us in eyes of delegators and in other networks.
Infra is not the highest item in terms of the costs, personnel is. We want to provide good staking/delegation experience (DevOps to manage infra, support, governance, etc.) so P&L looks slightly different.
At these levels of FDV, growth in such multiples can be derived from the improvement of fundamentals. FDV by itself is a function of network utilization and expectations over its future dynamics.
AI by itself does not increase that by 3-4x. AI brings positive properties that could create such indirect influence but it won’t be explosive and can take a decent time. During that period public bakers might continuously incur loses in $. If many public bakers will shut down their nodes it’s not a positive thing IMO, having different types of bakeries is good.
P.S. I don’t think that many networks that have higher FDV are priced fairly.
Always happy to give insights. My delegators did not lose much rewards either. My efficiency in the last 50 cycles is ~ 98.5% My actual ROI is calculated with 6.29%
