Below, you can see the chart that shows the daily validator rewards generated by ANgel Protocol, as well as the cumulative rewards over time in US Dollar. We can see how the growth is exponential and seems like the donations are increasing over time. During last month, both metrics has raisen a lot. For the next year, we can expect a massive growth in terms of validator donations and validators rewards as well.

To provide an assessment of the donations sent from Angel's validator, and forecast what additional validator-driven donations might look like over the next year, I have taken a look at the delegators and volume delegated to Angel Protocol as a validator to be able to see how it may impact to the next year.

The first chart shows the netflow delegators and the accumulated ones, and the daily rewards in USD. As we can see, the number of delegators grew from July to October. However, since November, the line turnover and now been descending. It may impact the rewards generated, however, until now, the rewards have been growing, I think it should be due to the heavy increase of the LUNA price. Then, because of rewards are generated in LUNA, the value in USD went up.

Finally, to finish our analysis to obtain a good assessment for the next year, I have analyzed the volume delegated in LUNA and the daily rewards in USD. Again, we can see how during the first months, the numbers of delegated LUNA were so positive. However, since mid-August, the number of undelegators tends to be higher than the number of delegators, which is not in favor of the validator. But,... the numbers are green! Thanks to LUNA, again due to the growth in LUNA price, the daily rewards are higher despite the amount of undelegated LUNA.

To conclude, my assessment for the next year is:

• It seems that delegators are decreasing as well as total LUNA delegated, but rewards are increasing, so in principle, we could expect that this will continue to rise next year. In any case, we can foresee that this increase in rewards has been caused by the increase in the price of LUNA since it has grown a lot until reaching maximums and this could have an influence. It remains to continue the analysis and see if there could be any correlation between the two and thus be able to say for sure that the rewards for next year provided by the Angel Protocol validator will not only depend on the delegators and their delegated LUNA but will also depend largely on what happens with the price of LUNA.