/biz/ - Business & Finance

>>19206066
Why not just make your own node?

50k link
0 linkpool
kill yourself timmo

how much passive can i expect from .08 lp?

>>19206066
With my link stack, I'm still already so exposed if link fucks up steaking. Not going to increase my exposure more, thanks

>>19206066
Let them try to buy LP after they find out they won't be able to stake LINK unless they own LP, not that it'll matter because by that time the people who own LP won't sell because then they won't be able to stake their LINK.

lmao staking is never gonna come
feel bad for you guys honestly

>>19206066
how much link could you stake with that tho?

>>19206694
per LP: 600-800 at first, then 10k+

>>19206066
Surely you'd be better with your own node?
Or just use whatever coinbase provide when staking is live?

>>19206165
chainlink is centralized, only KYCed nodes who already have a real world reputation are allowed to be in the chainlink network.

>>19206210
But LinkPool will also do ETH 2.0 staking, so you'd gain at least some risk spread.

>>19206066
Have fun staking 8 link with that 0.04 lp fagget

>>19206958
so 0.04 LP would allow a person to stake about 28 link at first?
Looks like the meek linklets shall inherent the earth

>>19206192
I have 0.04 for well over a year and I have receive less than a link. Not even half.

>>19206066
vaporware, and even if it worked, staking returns will suck compared to just buying a treasury note from uncle sam.

Current number of linkpool holders stands at 602, count at last distribution was 554 making this an increase of just below 50 in a week. Prior to this the number of holders has increased by about +10 every 2 weeks.

>>19207364
an anon made a thread about the sudden increase in LP holders at the weekend & it made me go and drop €2k on LP through fomo then & there

>>19207450
Thats hot.

>>19207360
lol

I only have 3k link, wouldnt i just be able to lick my link into larger nodes? i'm sure google or oracle will have their own nodes as well

wait, can i stake link already with linkpool and how much return do i get?

>>19207618
Do you have any reasons, facts or proof that Oracle and Google would run Chainlink nodes? Better yet that they'll allow plebs to pool with them?

>>19207736
>Do you have any reasons, facts or proof that Oracle and Google would run Chainlink nodes? Better yet that they'll allow plebs to pool with them?
nope just speculation on my end, so what do you suggest i do with my 3k link then? i dont think ill be able to get much more

>>19207761
Stake with coinbase/binance/LP and just pay their fees, or run your own node

>>19207805
>Stake with coinbase
that's what ill do, since my coins are there, well on the pro version

OP here, back after a run

Reasons LinkPool will succeed over other staking pools ranked in order of importance:
#1: Actual Chainlink developers are behind LinkPool
#2: LinkPool has been in development specifically for chainlink staking for over 2 years now (massive head start on competition)
#3: market.link URL is run by LinkPool (bigger than you may think with chain.link being the actual chainlink website). Trust factor.
#4: Decentralized nature of staking architecture will likely lead to extremely competitive fees. (100% it will be less off the top than coinbase/binance)
#5: Owning any LP at all yields dividends from every single time any LinkPool node is used
#6: LinkPool will also facilitate ETH staking (most pools probably will, but LP has confirmed it)

By far the first point I mentioned is the biggest. This personal relationship between Chainlink devs and LinkPool devs can not be overstated. As seen recently by this tweet: https://twitter.com/chainlink/status/1260559046861565952
The fact that chainlink devs are behind LinkPool gives them an undeniable advantage over every single competitor, both in experience, knowledge, and the fact that the chainlink team will continue to shill LinkPool as they did in the aforementioned tweet

>>19208219
Wait im confused, why own linkpool shares when you can stake directly on their website?

>>19206066
where do i buy this shit?

>>19208587
You won't be able to stake for the first year, which most likely will be the most profitable year (lower cl price = more links paid out).
>>19208219
Don't forget the best shit : total supply is 4000 units. This means there will simply be not enough LP shares for everyone. I fully expect 1 share to be worth 250k usd+ in a few years.

>>19206066
>>19206192
Thank you so much for thinking about my making money. You totally dont have your own motive for shilling this.


FRIENDLY REMINDER LINKPOOL IS OVER VALUED AND THE HOLDERS DONT WANT TO LET THE TOKEN GO FOR A FAIR PRICE. THE RATHER HOLD IT LIKE A FUCKING BOOMER

>>19208680
Oh it looks like im shit outta luck, theyre not allowing us residents to get linkpool shares. And i dont feel like jumping through vpn hoops

>>19208587
Priority staking
Dividends on profits
Less staking fees paid by owners
the list will get longer as the environment matures.
Like buying amazon stock that pays a percentage dividend and there are only 1000 shares publicly available.

>>19206331

If you think PLENTY of other staking pools wont pop up you are a fucking idiot.

>>19206066
>when staking finally goes live
Any year now lol
What a joke

>>19208828
wetez is one working on it right now

I would hold LP for the returns but I'm a burger and don't want to get fucked for holding an unregistered security. Is there any possible legal way around this?

>>19208828
Obviously but there wont be as many credible as Linkpool. Been in development since the start in 2017, and all but a 2nd party Chainlink service thanks to Johnny joining the team.

>>19206331
How about we all dump link if we cant stake? Ever thought about that?

At what point to we just accept that this is all useless bullshit that'll never make us rich?

>>19206066
I have 0.4 linkpool but I'm really not expecting to make big gains from it at all. Jonny and matt were greedy kikes to take 75% of linkpool profits and only leave 25% for token holders. It should have been the other way round

Really considering running my own node at this point. Should have spent the last year learning how.

2 YEARS BETRAYED

80%

>>19208911
https://www.wetez.io/pc/wetez

>>19209015
We should crowdsource a /biz/node

only way to stake is LP... sadly neet nodes are priced out. Sergey betrayed us all.

>>19208916

This is where I'm at as well. The fact they work directly with the Chainlink team is invaluable and if I thought I could get away with it, I'd buy a full share right now.

I'm considering just doing a VPN and then any profits I want to claim I'll launder through Binance-Kucoin-IDEX-Coinbase maybe to cash out? Something along those lines. I mean if you pay taxes like a good goy what are they going to do? Isn't it only illegal for the company selling the security and not the purchaser? They just aren't supposed to let you is how I understand it, but I'm not 100% on that which is why I haven't bought yet.

Early staking gains will probably be insanely lucrative and get priority will be a must imo.

>>19206192
>>19207294
Staking is not live yet, why would you expect revenue of a service that provides a product that hasn't been released yet?

>>19206165
You can actually run your own node, just be aware what it implies. You will have to farm reputation, offering high quality data through paid APIs, having a good cloud and backup infrastructure so you don't lose reputation or your deposit for penalty payments in case your computer goes offline for a few minutes, you should be able to write / set up your own external adapters too. If you can do all that, you should actually run a node of your own, because it will help to decentralize the network and you would be paid for something you have skills.

>>19206178
Timo is from honeycomb, not linkpool

>>19206192
It depends, how much money do you think it will yield the Linkpool node, the staking pool fees, the pool of staking pools, NaaS, market.link subscription payments? Get that number and divide it by 4000, then multiply it by your LP tokens, that's it.

>>19206210
As the other anon said, with ETH staking LinkPool will be diversifying their sources of revenue, therefore it makes it more appealing from a risk management point of view.

>>19208828
Yeah you would hop into whatever off brand pools you could find you reckless nigger.

>>19209104
>https://www.wetez.io/pc/wetez
who is behind wetez?

>>19209212
its an example. The team made an announcement about them a little after mainnet. there a couple others that are going to be doing it too

>>19207193
>>19207089
>>19206958
After a year of being open, 1 LP will entitle you to stake up to 10K LINK and that limit will eventually grow until every LP holder has exhausted their LINK allowance.

>>19207814
>>19207805
>implying coinbase won't face the point of diminishing return if they allow everyone to place a deposit on their node
You have to keep digging that rabbithole because you still don't get it

>>19208219
You forgot NaaS and the pool of staking pools. Check this article out https://medium.com/linkpool/creating-trustless-pools-and-staking-for-all-266451277e3f

>>19208669
https://staking.linkpool.io/dex

>>19208911
>>19208828
the amount of deposits / staking stack that a node needs will be limited -specially at first- therefore if they allow everyone to stake freely in their node, since the "staking returns" are actually payments for job requests, will be 0.0005% so either they limit who can stake with them through a custody token or they stablish a first-come first-serve basis for staking. Therefore, either you are fast as fuck getting in before their limit is exhausted (good luck without a bot) or you buy their token or you will have a ridiculous return.

>>19208680
How do you calculate 250k per lp?

>>19206066
>when staking finally goes live
Buahahahahahahahahahahahahhahahahhahahhaaahahhahahahajajajajahahahah

>>19209382
>the amount of deposits / staking stack that a node needs will be limited
you're assuming it will be like linkpool which im doubting it will be. if you checked the site they are already using other tokens to stake. They have way more xp with staking services then linkpool right now.

>>19208916
>>19209157
Burger here as well. I doubt they look into LP at all.

1.4 shares reporting

>>19206066

>when staking finally goes live
my cursor was hovering over the buy button, almost got me there

Im poor as fuck and have .04 LP and 50 link. Im gonna continue stacking link. Be 100 wit me bros am i gonna make it

What't the benefit of holding LP now if there isn't staking yet? Is it just to get in before the LP price goes up?
Also, what does LP even do? I thought you just needed a coin/token to stake that coin/token.

>>19209165
>in case your computer goes offline for a few minutes
Running your node at home is definitely not recommended

>>19209702
You have no idea how "staking" with Chainlink works. With Chainlink, what you do is running your own node, offering data, and being asked by contract requester to place a collateral in LINK so if you deliver the data, you get paid some LINK. What Linkpool does is allowing other people to place their collateral in THEIR node. The problem is that you DON'T KNOW how much collateral will nodes be asked to hold. The returns in this ecosystem are dictated by offer and demand. When you stake with Chainlink you are not "validating" any network consensus, but filling the necessity of LINK collaterals providing liquidity so they are eligible for high payment job requests.

>>19210010
I agree, either you do it profesionally with a 99.99% uptime guarantee or you are going to lose a lot of money and reputation.

>>19210110
i have my own node up test net right now, you dont have to explain it to me new fag. Second no knows how staking will be because the team for two years still haven't let us know how its going to play out exactly. since your a fucking faggot im going to post every other stakeing plat form every time i see link pool being shilled.

Is 0.4 LP enough to make it?

>>19209554
>How do you calculate 250k per lp?
Linkpool will be chainlink's premiere staking service and could very well see 1 billion in profits per year with everything they're rolling out including ETH staking and NaaS. Divide that by 4000.

>>19210651
With 1b in profits per year, lp (all lp shares combined) would be worth way more than 1b. I feel like youre just shitting numbers out of your mouth to look good.

It should be simple to calculate how much LINK you're losing by not being able to stake on a LinkPool node. If you want to make those returns then you'll need to buy LP. At that point you won't be able to afford any.

>>19210935
>I feel like youre just shitting numbers out of your mouth to look good
Yep

>>19210974
I do wish it would happen though, fuck me

>>19210935
He is right regarding the passive income though

>>19209554
I didn't calculate anything, it's coming straight out of my ass. But it's not crazy. There's only 1000 shares available to the public, there's a bunch of these shares who will never move out of their wallets. This will be the number of staking pool.
Chainlink will attract more and more people, these people will want to stake, they will find the most prominent pool to be linkpool, etc etc.
Look at the order book right now. Someone could come it and buy all shares and it would cost about 40k usd.
Not sure if that was done on purpose by the Linkpool team but there's clearly not going to be enough shares and the price will explode.

>>19211428
They have stated countless times that they will keep adding value and utility to the LP token since it is what it allowed them to do what they are doing