/biz/ - Business & Finance

>>19869260
why not just buy link? lp is only one future pool and the roi from buying link currently will far exceed lp revenue in the future

Thank you for participating in a scam

>>19869351
I already have a few k link and I wanted to make sure to be in on professional first staking rewards

>>19869360
How come?

>>19869260
>So I just bought 0.240 LP tokens. What now?
Now you wait till staking goes live to be really comfy

>>19869260
no staking in 2020

>>19869360
seething mutt

>>19869351
You need LP to stake on LinkPool, you street shitting baboon.

>>19869351
I can't stress this enough: you won't be able to stake if you don't get into one of the nodes currently participating in the price feeds, since these will be the most reputable and used by far.

Are you aware of the fact that unlike PoS blockchains, with Chainlink if you stake more than the colateral requested by smart contracts you don't get more rewards? There is a limit for how much contracts asking for collateral you'll be able to serve. Once a Chainlink staking pool pass that limit, if they let users to keep staking they are actually cutting their user's rewards.

Let me be clear, if you serve 200 contracts that ask for 1 million USD in LINK as colateral at the same time, you will only need 200 million USD in LINK staked. If you reach that limit and you keep allowing your users to stake, you are not going to earn more, but instead your users will earn LESS since you will be distributing the SAME amount of LINK among MORE stakers. That's why Coinbase or other operators having their own node it's not a valid fud. They will stablish a limit of LINK to be staked that will be dynamic on demand.

The smartest thing to do is either what Linkpool did, (to attach their staking allowance to a token that represents your staking rights on their node) or set a limit in order to enable a first-come first-serve service. That means that either you are fast as fuck getting in or you pay for a token that allows you to stake.

>>19870355
>lp is only one future pool
learn to read retard
>>19870359
>I can't stress this enough: you won't be able to stake if you don't get into one of the nodes currently participating in the price feeds, since these will be the most reputable and used by far
citation needed
Yes, I understand the difference between tezos style staking and link staking, but there will be other pools in the future as link's collateral needs expand

>>19870513
>but there will be other pools in the future as link's collateral needs expand
none will have first mover advantage and employees directly working for Chainlink though.

>>19870795
sure, but if link staking is lucrative there will be a surge in demand concomitant with the use of the network. I just don't see the value proposition for buying lp now while link is relatively cheap when it's not likely to offer vast benefits compared to other services

>>19870513
>citation needed
People tend to understimate the importance of reputation contracts and the impact of being one of the first nodes. High value contracts will pick nodes based on: staked LINK, reputation score and valuable data being provided

>>19870795
>first mover advantage
literally doesn't exist, you realize there'e multiple node operators right now and most of them offer staking for other coins right?

>>19872180
they perform "we hold your coins in a wallet" staking
LINK staking isnt that. operators need to actually work to stake LINK

>>19872265
Just google their names and see what services they're offering. Linkpool could be the community favorite but won't be the one and only.

>>19872367
that wasn't the point, the point was they'll be the first mover

you think coinbase copying jonnys LP design for their tezos staking dapp is just a coincidence. LP is a leader, whether you can see it or not

>>19872180
>you realize there'e multiple node operators right now and most of them offer staking for other coins right?
Read this >>19870359 post. There will be others offering staking but you won't be fast enough as to get in before they reach their point of diminishing returns or won't buy their staking allowance tokens because "there will be others".

>>19869260
I love hearing about anons wasting their money on Jonny's terraform templates when they could just buy more LINK.

>>19872411
First mover of what? I hold LP too but you're diluted if you think LP will have a significant lead in staking service (aka NaaS).
What you said in >>19872265 is provably false, there's 2 dozens of Chainlink node operator already up and running, and most of them offer PoS staking for other network. You think they won't use the same NaaS business model? Chainlink mainnet has been launched for 1 whole year, they have plenty of time to figure it out. Even if LP had a head start in staking it won't be long.

Sorry to pop your bubble about how LP will dominate Chainlink staking but that's not happening. You realize this will be a decentralized network right?

>>19872760
It's a valid argument, the demand side problem.
That's why 35% of the tokens were reserved as incentive for node operators.

>>19869260
I hate to break it to you bro
But you will get like .15 link every two weeks with 0.24 LP
But if you have the gift of foresight then you will hold and it will be worth it fren

>>19869260
Did you read the fine print? Horse fucking is mandatory

>>19870513
>linkpool is only a staking pool
Not going to make it. If you don’t have a grasp on the multiple revenue streams that LP will be able to grab based on their dev so far you’re just not going to make it

>>19872919
That's an interesting point, I wonder if these will be part of the "Chainlink Grants"

>>19873261
I think it's more likely to be from the 30%, I'd assume Sergey had sponsored some Cornell research behind the scene.
The 35% operator incentive is still intact.

>>19869260
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