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/biz/ - Business & Finance


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14939014 No.14939014 [Reply] [Original]

Comfy Tuesday edition.
>Linkpool shares are way too expensive, no way I'm paying this much JUST to stake some Link.
I'm hearing this over and over again, so I wanted to give an explanation why LP are traded at almost 50 ETH per share right now.

There are only 4000 shares in total and every penny Linkpool earns from all income sources get distributed among all shareholders. The income sources are as follows:
1. Effortless and trustless staking, where Linkpool takes a 25% cut of the rewards for doing all the work and gives the stakers 75%.
2. Node as a Service (NaaS): You pay a fix USD fee to use the Linkpool infrastructure for your node, but you get to decide which data to offer and you keep all of the profits.
https://medium.com/linkpool/announcing-node-as-a-service-2034ee42d2d9
3. Chainlink Marketplace, designed service for finding Chainlink nodes, adaptors, jobs and data sources.
https://medium.com/linkpool/announcing-the-first-chainlink-marketplace-a0dbfd5d13e3

The staking priority you get as a LP shareholder is just the cherry on top. In a few years one LP will earn enough passive income to sustain a humble neet life.
Even at 48 ETH per share Linkpool is currently valued at only ~1.7% of Chainlink's total market cap. Is that too expensive for the largest and most trusted staking pool? Nope, I don't think so.

https://staking.linkpool.io/dex

>> No.14939061
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14939061

>>14939014
>staking service for vapourware shitcoin
>5 KYC ‘nodes’ fetching the price of ETH

This is beyond premature.

>> No.14939074
File: 294 KB, 1365x2048, LP ranks.jpg [View same] [iqdb] [saucenao] [google]
14939074

>>14939061
Rome wasn't built in a day.

>> No.14939082

>>14939014
im not buying your bags, theres other pool servies out there but you choose to shill this one IM NOT BUYING YOUR BAGS LOL

>> No.14939101

>>14939014
Jonny rims horses

>> No.14939121

>>14939082
> theres other pool servies out there
Name them.

>> No.14939380
File: 13 KB, 1211x263, Passive income LP.png [View same] [iqdb] [saucenao] [google]
14939380

>>14939014
Feels so good to earn passive income every two weeks. This is what I got from just 3 distributions.
Can't wait for the floodgates to open and Linkpool to run hundreds of nodes.

>> No.14939434
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14939434

>>14939380
based LP whale anon. # of LP holders is already growing exponentially

>> No.14939493

>>14939434
Yeah, we're growing in numbers every day. 404 LP holders already.
The theoretical maximum amount of LP holders is 25k and that is assuming everyone is just holding 0.04.
Being able to stake at LP will be like joining an elite club, while all the poorfags will turn towards shady pools that will most likely just run off with the pooled Link.

>> No.14939562
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14939562

>>14939493
The best part is that most of the "competing pools" will be run off LP infrastructure, and make LP holders even more money.
>https://twitter.com/linkpoolio/status/1146792955434414081
>"Once live, our staking app will allow anybody to submit their nodes for listing, giving the opportunity for any node operator to become a pool and take a fee."
>"LP holders may get exclusivity on our LinkPool nodes, whereas the public may be able to stake on the rest. We'll reveal more closer to the time."

>> No.14939691

>>14939380
How much did you stake?

>> No.14939731

>>14939562
Rim many horses today?

>> No.14940145

Any roadmaps on when new stuff gets released or at least how the whole stuff is designed? I know we're waiting for the contracts and stuff but what about the announcements of LP stuff in general?

>> No.14940168

>>14939121
not spoonfeeding you, start here google.com

>> No.14940190
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14940190

>>14939691
Staking isn't live yet, that's just the revenue he's receiving from holding LP.
>>14939731
Why are you so obsessed with horse sex anon?
>>14940145
https://medium.com/linkpool
The marketplace was announced recently. Re: staking, they're waiting on the Core Chainlink team.

>> No.14940214

I checked out the dex and it warned me about having a US IP. How risky would it be if I just picked some linkpool token for dividends?

>> No.14940265

>>14939014
Given I want to stake 10k Link through this eventually, what is the minimum amount of LP I should buy? Is 0.04 enough?

>> No.14940303

>>14939074
Specialist here

>> No.14940304

>>14940214
Not risky at all. That's just to keep reddit out.
>>14940265
Depends on the timeframe you want to stake. 0.04 LP is a minimum suicide stack, but you probably want at least 0.5-1 LP if you want to stake your full stack.

>> No.14940319

>>14940304
>>14940303
What happens when staking is live?

>> No.14940333

>>14940319
We Win.

>> No.14940353

>>14940304
also whats the benefit of staking instead of just purchasing link?

>> No.14940367

>>14939380
>>14939014
Stop shilling. The less people buying the bigger our rewards.

>> No.14940396

>>14939380
How much LP shares do you have?

>> No.14940402

>>14940367
I want to get to at least 0,08
-t. Poorfag

>> No.14940412

How does holding a LP share work? Can it be stored on MEW? Does it have to be staked? How does Linkpool know if you have a LP share or not?

>> No.14940424

>>14940396
Probably a Lot, like.... 1.

>> No.14940496

>>14940402
Then why would you shills it? You should do the exact opposite

>> No.14940527

Umm dont say i didnt tell you: ankerid.com

>> No.14940531

>>14940496
Because I AM a maniac and If you trust everything on /biz/ you should get fucked.

and I like to fuck.

>> No.14940543

>>14940527
Nice try, pajeet

>> No.14940595

I am actually an Autistic white man, thank you. See for yourself pajeet ankerid.com

>> No.14940689 [DELETED] 

>>14940304
How dat horsey bumhole taste?

>> No.14940712

>>14940304
I wonder how much people are making with 0,04 - 0,08 and up every 2 weeks

>> No.14940739

>>14939014
Even 0,04?

>> No.14940781

>>14940190
Imagine announcing something before it's been released just so you can get away from a hay covered MacBook to lick some horsey anus

>> No.14940809
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14940809

>>14940689
>>14940781

>> No.14940847

>>14940809
Pretty much

>> No.14940860 [DELETED] 

>>14940809
I don't know if you could tell with your nose deep in Dobbin's brown starfish but you just posted a cartoon about horse anus, strange that you would have that saved

>> No.14940881

>>14940860
Are you schizophrenic? I just made that in 5 seconds.

>> No.14940901

>>14940881
You're good at multitasking

>> No.14940974

>>14939014
Does 1 share from those 4000 shares = 0,04
Or Just 0,04 of a single share?

>> No.14940976

>>14940739
>>14940712

0.04 now is basically nothing

But, if link do become all that we hope it will, 0.04 will give you passive income bigger than what any high up wagecuck makes a year

>> No.14941011

>>14940976
I hope so.
Thanks, fAm.

>> No.14941023

>>14940976
how much does 0.04 cost and how do i buy it?

>> No.14941040

>>14940974
0.04 of a single share, but every cent goes to Jonny's "stable" costs, and he appreciates it

>> No.14941082

>>14941023
On the dex at the linkpool page

About 2eth or so

>> No.14941089 [DELETED] 

>>14940976
If linkpool shares continue going up Jonny might even be able to afford a stepladder to rim shire horses just like he's always dreamed

>> No.14941130

>>14941040
I need to get to 1 share...

>> No.14941157

>>14941082
>what are the potential returns? i have 20k linkies so i might do this.

>> No.14941199

>>14940976
>But, if link do become all that we hope it will, 0.04 will give you passive income bigger than what any high up wagecuck makes a year
.04/4000 = 0.00001 = 0.001% of LP's revenue.
High up wagecucks make ~200k per year.
200,000/.00001 = 20,000,000,000 = 20 billion dollars per year
Generously assume that LINK takes off and LP captures ~25% of marketshare. Do you think the LINK network nets 80 billion dollars in transaction costs per year? Not 80 billion dollars being transacted, 80 billion in TRANSACTION COSTS? Some of us are going to make it (10+ LP holders maybe) but don't fool some poor anon faggot into thinking he can make it with that little. The era of being able to make it with 2 ETH was during ICO, not now that it has mooned 50x or more.

>> No.14941202
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14941202

>>14941130
what do you think 1 share will give you as a return?

>> No.14941212

>>14940412
Anyone

>> No.14941227

>>14941157
You know what?

>>14941199
I believe you.
Sucks to be me.

>> No.14941244

>>14941202
More Linkies. Lots of linkies.

>> No.14941254

>>14941157

hard to tell, there is no data to especulate around

but there is one pasta that goes around, the math checks out, and it says about $300k a year with link at $50 with 1LP and staking 12k links

>> No.14941261

Linkpool shares are way too expensive, no way I'm paying this much JUST to stake some Link.

>> No.14941264

>>14940333
Perfect trips or truth

>> No.14941272 [DELETED] 

>>14941227
You know what else sucks? Jonny. Equine rectum. Sometimes it takes him days to get the straw out of his teeth.

>> No.14941322

>>14939014
I own 0.04 but I was doing some math and I think I might sell. Won’t the returns be terrible? My math doesn’t align with that info graphic that says 1 LP will give 1K a month with a million revenue. What are the accurate figures say, 50 Million LINKS are staked @ $5? I want to see what other anons think.

>> No.14941325
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14941325

on the dex, what is the difference between Price (ETH) and Total (ETH)? what does Price mean here?
no bully

>> No.14941328

>>14941261
which means all the more reason you should have partial ownership of their nodes because they take so much fees

desu holding link on its own is probably safest but your annual yield in terms of LINK would most likely be way below average

>> No.14941330

>>14941199
If link goes to $1k, that right about how much 0.04LP will net you

I did the math

>> No.14941343

>>14941325
youre a retarded fucking idiot

but to answer your question, if the price of 1 LP = 47.5 ETH and i buy .040 LP, how much ETH did i spend? 1.9

>> No.14941353 [DELETED] 

I don't know how Jonny makes all these shill posts while tonguepunching Man O' War's back passage

>> No.14941355

>>14941322
What numbers you used for the token price?

I own 0.12, never selling

>> No.14941364

>>14941343
i said no bully you dumb fucking faggot
thanks for explaining

>> No.14941365

>>14941353
it's not jonny it's crowdsale whales with open orders on the dex
nobody gives a shit whether or not normies find out about linkpool unless they're selling atm

>> No.14941372

>>14941322
I sold all my LP at around 45 ETH and bought all LINK with it

do your own math, but the price discrepancy between LP and LINK is astounding.
Would you rather have 4k LINK or 1 LP? I know id rather have 4k LINK.

>> No.14941385 [DELETED] 

>>14941365
Hey you're right, someone will always be licking the poop chute of a thoroughbred, so it might as well be Jonny. Great point anon.

>> No.14941405

>>14941322
assuming that annual returns on LP nodes are 5%(actual figures don't matter, we're just comparing the difference), 1LP will give you about 31 LINK/year for every 10million LINK staked on linkpool nodes.

On the other hand, if you were to use the money to buy 4000 linkies instead and stake them on LP nodes, you will receive ~150 LINK after fees.

Therefore there needs to be 50m LINK flowing through linkpool nodes for shares to be worth it. The number could go lower as we have not included important LP services such as NaaS, nodepool contract rental, LP marketplace, consulting, future services and etc

>>14941325
Price is the cost per 1 LP, total ETH is the cost of the actual amount of LP for sale. what the fuck?

>> No.14941416

What do you anons think of a possible Coinbase Custody or Binance US staking service? I like linkpool but spending 10k just to get one share is way too steep, one can get close to 5k link tokens with that amount!

>> No.14941472

cant wait when they fuck up and lose all your link lol

>> No.14941531

>>14941416
everyone's going to offer staking services but none will offer ownership of their nodes.

The fact that Jonny is now part of official chainlink team has solidified LP as one of the pioneers in this space. If buying LINK is akin to owning oilfields then LP has a good chance to be part of the seven sisters equivalent

>> No.14941595

>>14941355
Assuming the rest of the tokens are locked up for staking, and LinkPool gets ~25%, you get double the rewards as it’s equal value in Chainlink. So in order for it to be very worthwhile, a ridiculous, I’m starting to think, impossible number of Chainlink must be staked permanently on LinkPool. And because they removed the fees and I believe a lot of their other stuff is one time only fees, there’s no real hidden numbers to account for.

>> No.14941643

>>14941531
If buying LINK is like buying oilfields, buying linkpool is like buying shares in a gas station which could make some money, but the owner spends all his time motorboating donkeys

>> No.14941723

>>14939014
can you explain to a brainlet how the dex works? can i see LP tokens in my eth wallet on etherscan ect? if i connect one wallet to the dex to buy some how would i send my LP tokens/shares to another eth address?
i want to buy your bags but dont want them stuck on a temporary paper wallet im using

>> No.14941760

>>14941405
>assuming that annual returns on LP nodes are 5%(actual figures don't matter, we're just comparing the difference), 1LP will give you about 31 LINK/year for every 10million LINK staked on linkpool nodes.

On the other hand, if you were to use the money to buy 4000 linkies instead and stake them on LP nodes, you will receive ~150 LINK after fees.

Therefore there needs to be 50m LINK flowing through linkpool nodes for shares to be worth it. The number could go lower as we have not included important LP services such as NaaS, nodepool contract rental, LP marketplace, consulting, future services and etc

I feel scammed

>> No.14941774

>>14941723
you send it from the 'Ownership' section in the side bar

>> No.14941812
File: 36 KB, 875x542, Send LP.png [View same] [iqdb] [saucenao] [google]
14941812

>>14941723
Once you own any amount of LP you can open the ownership tab, which has a send button.

>> No.14941861

>>14941774
>>14941812
thanks

>> No.14941914
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14941914

>>14940333
fucking checked

>> No.14941924

>>14941531
Seven sisters hentai game or some real life bullshit?

>> No.14941969

>>14939380
Just tell us how many shares do you have!

>> No.14942108

>>14941330

Man you're dumb.

>> No.14942200
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14942200

>>14939014
How much will 0,04 give me?

>> No.14942500

>>14939014
>>14942200
And when can we start stacking?

>> No.14942777

>>14942200
the official estimate is 1LP will allow you to stake 10k within 6-12 months

Jonny has said that they will deplete all LINK from LP holders before considering allowing 'outsiders' to stake, so theoretically 0.04 LP would be sufficient you just have to wait for a loooong time

>> No.14942868

>>14942777
shit, I am not getting to 1 full LP, I barely made it to 800 LINK.

>> No.14942949

Can't I stake a certain amount on http://stake.link without having LP shares?
>t. burger barred from LP

>> No.14942971

>>14942868
then 0.08LP would be enough if you want to follow the 10k LINK : 1LP ratio

>> No.14943011

>>14942971
Cool, thanks!
I'll do my best!

>> No.14943152

>>14939014
25%????!!!! Fck off... Agents in Hollywood take 10%. Managers take 10%. Attorneys take 5% and your faggot link pool wants 25!!!!??? One quarter of my take AND you are gluing to charge me a fee too!!?? Babahahahahahhaha... Enjoy your shit pool while it gets exploited faggot. You wanna start a war, we'll then you'll get one...

>> No.14943574

>>14939014
All I know is that Fernando Ribeiro is one massive piece of shit

>> No.14943603

any smart marines want to take a crack >>14943512

>> No.14943625
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14943625

>>14943152
So then run your own node? Nobody is forcing you to stake in a pool, we encourage having your own node if you have the technical knowledge.
>>14943574
Ribeiro is a fat retard but I suspect his heart is in the right place.

>> No.14943810

>>14943152
25% is the standard cut for fund managers. This is no different

>> No.14943828

>>14943625
Hes retarded alright