/biz/ - Business & Finance

A literal whale group (or at least a group w/ pooled funds being sizable) bought all the LP shares on the dex up and even at that point you could argue they were overpriced. They're like 4x what they were now. It's being controlled by a bunch of dweebs who ultimately are looking to dump VERY overpriced LP shares on you.

>Should I buy a share or get more LINKs and stake them on LP instead?
Current price of a share on the DEX is ~4000 LINK

>Buying 4000 LINKs
If all LP nodes generate 5% returns, our 4000 linkies staked on LP will generate ~150 LINK annually after 25% fees. If the node gets too popular among stakers then we could get even less due to profits being washed out.

>Buy a linkpool share
If we were to buy a share as opposed to owning 4000 LINK then we'd get ~31.25 LINK for every 10 million LINKs staked on linkpool (once again, this is assuming that all LP nodes generate 5% ROI annually). Therefore, LP shares will not be worth it unless 50m LINKs are staked on LP nodes (although the number could go lower if other LP services turn out to be lucrative).

It doesn't matter what's the actual node ROI - the proportions will remain the same