DCF Calculator

Advanced valuation model for Creed's treasury and future cash flows

Current Creed Valuation (Current Treasury + Growth in 8 Quarters)

Parameters

Current Treasury (T₀)

$800,000

Initial Auditors

Annual Revenue per Auditor

$800,000

Utilization Rate

30%

Growth Factor (Logarithmic K)

1.0

Paladin Cash Share

50%

Account Manager Share

10%

BD Cash Share

2.5%

Equity Fraction of Deals

20%

Illiquidity Discount (α)

70%

Paladin Token Share

45%

BD Token Share

2.5%

Quarterly Overhead

$55,000

Discount Rate (Quarterly)

Projection Quarters

Token Award Delay

• Projects quarterly cash revenue from an expanding team of auditors using logarithmic growth
• Splits revenues among Paladins, Account Managers, and BD referrals
• Accounts for equity portions of deals, discounted by the illiquidity factor α
• Subtracts operational overhead each quarter
• Discounts future cash flows using the specified discount rate
• Includes delayed token awards paid as lump sum after the projection period
• Adds current treasury value for final DCF valuation