/biz/ - Business & Finance

>>55987198
>>55987264
there's some really retarded takes in here
the pool is currently 25m link with nops getting allocated 2.5m and the community 22.5m
sdl got access to 750,000 of the 2.5m nop pool by onboarding 15 node operators
in v0.2 the 20m expansion is all going to the community which is bearish for sdl. even a moderate expansion to the nop pool would have given them more of the nice high rewards (5.1% to stlink holders vs 4.75% to community stakers)

so they've been forced out of the nop pool are instead going for the community pool but only after v0.1 stakers get priority to shift and other priority wallets are able to join. (it is possible but highly unlikely that 20m is filled by these stakers alone)

sdl will then immediately fill whatever the amount of link that people have put in their new priority staking pool, so if people deposit 2m LINK then they will rush to immediately fill this. it DOES NOT mean that sdl has a monopoly over the community pool, they can only fill what they get deposited on their site

why would people use SDL?

positives:

- they don't have to worry about rushing to get into the pool themselves
- they get stLINK so have a liquid token they can immediately cash out or use as in defi whereas other staking will have a multi-week cooldown period to get their link out of staking

negatives:

- with the cut that sdl holders take (15%) and the team take (3%) the rewards will be lower than in the community pool (see attached)
- smart contract risk (has sdl fucked anything up in their code)

https://stake.link/staking-pools/stake-link/calculator