/biz/ - Business & Finance

>>17140819
lol this shit went from 50 eth to 20 eth

>>17140819
Proud knife cather...

>>17140830
whale manipulation. with the flight insurance onchain, how far do you think staking is? Brainlets can't stake their link. Will be a bullrun on this illiquid asset the second staking is live.

>>17140819
https://twitter.com/HuxtableJonny/status/1225844190895988736?s=20

>>17140819
Can't own if you're US

>>17140819
poorfag here, what's the minimum amount I can buy?

>>17140830
Guess what? Ethereum has more than doubled in $.

I bought 1.4 LP for $400 back in the day. How mad are you nopoolers?

>>17141449
yea


>>17141462
yeah u just click "OK" and buy. It's a DEX. a smart contract literally swaps your ETH to LP.

they just have to tell burgers not to buy

>>17141465
you can check the DEX:
https://staking.linkpool.io/dex

only a 0.04 divisible amount, so minimum is 0.04 LP (which is like 1 ETH). keep inmind there are only 1000 LP in existance, so 1 LP will give you 0.1% of 25% of all the revenue stream from every node, eth staking, etc. + you need to have LP to actually stake once it's live.

>nothingburger for the past few months
why is chainlink hogging up the penalty contracts?

>>17141498
that's sad to hear, no LP for me then

>>17141513
if you hold link, it's worth to trade some over (especially with link outperforming eth). so you can stake your link.

>>17141494
LP and LINK both increased proportionally, so don't be too proud ;)

>>17141542
only have 680 linkies, probably wouldn't be a good idea

I have 1 whole LP

>>17141566
not so good if you cant stake any!

>>17141607
based

>>17141498
>so 1 LP will give you 0.1% of 25% of all the revenue stream from every node, eth staking, etc
I think it's easier to say that every LP share yields a 0.025% of all the revenue you mention above. The 25% figure is a common misconception caused by their first articles, something that was later clarified in telegram. The 4000 LP will obtain 100% of the revenue, therefore, calculating the revenue per LP is as easy as doing some basic maths.

Linkpool's revenue / 4000 * number of LP shares you have

>>17141627
how does revenue get injected into their ecosystem tho? what if they make OTC revenue? how honest will they be about sharing that with LP holders?

>>17140830
It was staying steady around 40 eth for months and now eth is worth ~2x what it was then.

>>17141649
100% of revenue generated in ERC20 / ETH. As far as I remember I think Jonny said in telegram that some services are currently being paid in fiat and therefore it's not being distributed through the distribution contract. However most services will operate and generate LINK and ETH

>>17141649
and dont forget it's all smart contracts. all node earnings, listings, etc, go via smrat contracts and 25% is sent to the shareholder contract and split evenly

>>17141715
>and 25% is sent to the shareholder contract and split evenly
100% is sent to the shareholder contract

>>17141749

>>17140862
LP shares not needed to stake. Why tf would I spend money on this while I could buy linkies to stake later? Only for the dividends distribution?

>>17141785
Yeh, whatever you say, but it's still 100% sent to the shareholder contract, not 25%

>>17141822
For the initial rollout you will need them.

>>17141822
ofc not needed to stake in general. but brainlets will want to use LP. what data will your node provide? free api neet node #8925489?

% from all revenue streams + staking priority on LP nodes which aim to consist of 10% of the Chainlink network. They will be doing managed nodes, pools, unmanaged nodes, pool contracts available for others to use linkpool for pooling, ..

initially LP shares were only meant for getting a % of all revenue. the staking priority was added later on, and will scale up overtime to allow more link staked per LP.

>>17141478
>making the point that trading any ETH for LP was a retarded move without even realizing it

>>17140819
ITT OP is an ETH whale that made 50x gains from the crowdsale and wants to get out of his illiquid position before ETH 2.0

not buying your bags faggot

>>17141981
>ITT OP is an ETH whale that made 50x gains from the crowdsale and wants to get out of his illiquid position before ETH 2.0
Why would anyone with a privileged position in a future eth staking pool want to leave for more ETH? Not OP, just genuinely asking

>>17141930
I was saying
> not needed to stake in LP

I might stake in LP, but since shares arent needed for that, I'd rather buy more link to increase my staking rewards. I agree that neet nodes won't be a thing though

>>17142101
you will need LP for the first year of staking or something. check their medium post about this. after 1 year, 1 LP might mean = 10k link staking, but from day one it might be like, 500

>>17141822
>only for dividends
Do you understand how much it will be? Hint: a shitload

>>17141607
>I have .1% of the tradable LP supply
Mr. Dolphin flexing his fins.

>>17142154
how much is a whale? .. like 3-5%? = 30-50 LP?

>>17142245
I'd say anyone with the ability to fulfill the buy orderbook can manipulate the price as whales do. So taking into account the buy pressure volume is around 10 LP, anyone with more than 8-9 LP can be considered a whale

>>17140819
No, I don't support zoophilia.

>>17140819
>Buy before the other pools appear
Johnny rims horses

>>17142470
>>17142497
supres price

>>17142002
Because he has LP bags. Most people that bought the crowdsale didn't have fat ETH bags, but people with 100+ ETH were able to get big shares.

Now they see that ETH is looking strong and want ot derisk some of their gains (30x in ETH) back into Ethereum. Then they make a thread pretending that they're trying to help you out and get into staking as they place sell orders on the dex. Oldest trick in the fucking book. No one is here to help you, they're trying to dump bags on your ass at a 30x markup.

>>17142655
salty nopooler. image wanting to sell a golden goose.

>>17142733
I bought the crowdsale. The point is that the guys who bought 10+ shares and think ETH is going to moon in the short term while LINK is still a long way from earning revenues can switch into a more liquid asset, wait six month, and buy a much larger share as impatient top buyers capitulate.

Anyone buying after reading one of these threads is getting played like a fiddle. Oh yeah, anon is just trying to help you out and make sure you're not missing a great financial opportunity LMFAO. Grow a brain.

>>17142784
tbf you could say this about everything on biz. why are people shilling something? if it's legit, they would want it kept quiet.

looks like the whale pulled his orders.. maybe people sold to him at 20 ETH haha.

if there is a big sell, someone's buying. and vice versa. (not just in LP).

will see if LP follows with the LINK gain lately

Lol @ the LP fags trying to shill their bags. Better go to Reddit for that, the smart folk here on biz is not going to bite.
>LP is even way more centralized than Chainlink. If something were to happen to Jonny LP shares would drop to 0.
>Once Link staking goes live there will be dozens of pools. Binance and Coinbase will happily offer that service.
>LP fags really thing that Coinbase normies would rather go to Linkpool and buy some shares to stake their Link when they could just stake with a large centralized entity.

That being said, I have a buy order up at 10 ETH to swing sell it at 15 again, but even at 10 I'm probably overpaying by a lot.

>>17143617
>smart folk here on biz
anon, I..

>>17140819
OP's post should read "sell before its too late".
The buy order book side only has 60 ETH in it, so anyone with a couple of LP could crash the price to 0 right now.

FINNEXUS connects service providers and their users through #FINNEXUS OTC Platforms

>>17141833
He means that jonny and matt take a 75% cut of the profits because they're greedy Jews

>>17145741
Their shares are still attached to the distribution contract, so 100% of the revenue generated in cryptocurrencies is sent to the distribution contract