40 Acres vs JustLend: Risk & Value Comparison
40 Acres
JustLend
Sector
Lending
Lending
Risk Score
33/100
33/100
Risk Grade
B-
B-
Value Score
38/100
27/100
Value Grade
C-
D
TVL
$26M
$1M
FDV
—
$865M
Mechanisms
5
6
Interactions
4
5
Quadrant
Safe but Stale
Dead Money
Risk Dimension Comparison
Mechanism Novelty/ 15
40 Acres
3
JustLend
2
Interaction Severity/ 20
40 Acres
6
JustLend
8
Oracle Surface/ 10
40 Acres
2
JustLend
5
Documentation Quality/ 10
40 Acres
4
JustLend
4
Track Record/ 15
40 Acres
6
JustLend
3
Scale Exposure/ 10
40 Acres
3
JustLend
7
Regulatory Risk/ 10
40 Acres
5
JustLend
3
Protocol Vitality/ 10
40 Acres
4
JustLend
1
Value Dimension Comparison
Fee Capture/ 25
40 Acres
12
JustLend
12
Token Distribution/ 25
40 Acres
8
JustLend
0
Emission Sustainability/ 25
40 Acres
10
JustLend
7
Competitive Moat/ 25
40 Acres
8
JustLend
8
Verdict
Both protocols have identical risk scores (33/100), making them equally risky.
40 Acres has stronger value accrual (C-, 38/100) compared to D (27/100).