/biz/ - Business & Finance

>>25794471
i'm eternally price out of 1 LP/10,000 LINK. should I buy .18 LP for my 1800 LINK? is it still 1 LP/10,000 LINK?

>>25794555
>is it still 1 LP/10,000 LINK?
Yes anon .18 sounds good for your stack size

>>25794555
>>25794623
You can only buy in multiples of 0.04 though, so up it to 0.20 and pick up 200 more LINK. I believe in you.

>>25794623
i'm trying to figure out what shitcoins to dump to pay for it.... will they ever have any KYC? i'm a burger. not sure if it matters. when is the ERC20 swap?

>>25794665
>so up it to 0.20 and pick up 200 more LINK. I believe in you.
oh that explains why all the orders are in multiples of .04

>>25794471
this is just going to cause even more inflation on top of sergays dumps. hard pass

>>25794471
When staking becomes alive and I am holding, let's say one LinkPool, how many LINK can I stake? They say maximum limitations will be increased as the time goes bye but I want to know right when staking is alive and maybe one month later.

>>25794696
Mat said Q1 for erc so hopefully that still happens. Burgers can't buy on the dex, but you can use a VPN. The burger law would surely go away with the switch to erc though because it will be listed in multiple places and easily accessible.

>>25794796
everything ive heard has been 1 LP/10k LINK

>>25794471

Holding 1 LP and 75k link , max comfy here.

>>25794796
>how many LINK can I stake?
Limits start low and increase.

The limits will be roughly as follows: On go-live: 200,000–800,000 LINK (200–800 LINK per LP) From 6–12 months: 10 million LINK+ (Over 10k LINK per LP)
https://medium.com/linkpool/owners-contract-upgrade-ownership-staking-and-limits-e80ffe3c3e00

>>25794471
1.2 LP didnt seem like a good idea at the time. EOY LP tokens 500 ETH per, unless link somehow take an insane shit.

>>25794817
With a vpn, noone knows you are a burger.

>>25794796
You really shouldn't just be focusing on how much you can stake though. More important (in the short term at least) will be how much LP you have as this gives you a cut of all their revenue.
The introduction of staking will benefit established nodes like LinkPool the most (and nodes running on top of their infrastructure).

>>25795071
i am so ridiculously priced out of this shit... .2 LP is fucking 10+ ETH if I market buy... i might have to settle for .1

>>25795071
To put it another way: when staking goes live, a lot of LINK will be sitting around doing nothing for some time.

>>25794471
wow this is comfy

>>25794837
what does it mean? how many link do i get if have this ratio?

>>25794871
Nice anon. You're gonna make it.

>>25795071
>a cut of all their revenue
Especially since they'll be opening up ETH staking and a bunch more services over time. Anything they add, LP holders benefit.

>>25795207
you should ask OP he knows more than me, i'm a linklet and a retard who missed out on cheap LINK AND cheap LP

>>25795207
It means if you hold 1 LP, you will eventually be able to stake 10k LINK.

>>25795279
10k link per 100000 years????

>>25795071
Let's say I have over 200k LINK and 20+ LP. Now you maybe seeing my worry.

>>25795396
if you have 200k LINK and 20LP you have $4.5M and are already guaranteed to make it

>>25795151
Even 0.08 is a decent amount. Remember when the erc switch happens, the supply will increase. So your seemingly small 0.08 will become 2, 20, or 2000 depending on what they make the supply. They've already said the new supply will be anywhere from 100k to 1 billion (currently 4000 now, so multiply your LP holding by 25 for a rough lower estimate).

>>25795151
Linkpool will have like 1/10 of the total LINK traffic, and likely the most expensive traffic. If you think Link will be a 10B revenue company in the next few years, that means LP will be worth 1b, divide 1b by 4k, and that is what each share of LP is worth. Are you starting to see the picture on this fren? LP is unironically the next 1000x, plus it pays out divvies in fucking link. What more could you really want?

>>25794471
5 link ? You’re proud of this? 75 bucks and how often are payouts? That’s below 3rd world sweatfactory income.

>>25795386
The limit will increase over time, nothing is final just yet. Read this article for a rough idea on limits >>25794941

>>25795396
If no larp then that's a perfect ratio and you've already made it. The passive income you can make off that stack will be god-like.

>>25795502
right, i forgot you just said its increments of .04, so either .08 or .12

>>25795577
>That’s below 3rd world sweatfactory income.
You're right. You better stick to making my underwear then.

>>25794471
fuck this shit I bought link since 2017 and have a colonel 100k stack and 0 LP because I thought what's the point I'll stake mine myself, didn't know it was going to moon

>>25795570
Priced in already retard. Cost 75k for LP. At your astronomical over exaggerated price LinkPool being 1B that’s 250k per lp. 125k if you’re half right. Explain how this is the next 1000x again ranjeet kek

>>25795577
yeah, just 1200% increase in a year. really bad lol

>>25795577
>5 link for free, every 2 weeks!
>Free tokens on an asset that you already want more of, by holding ownership of a company that directly works with the company that develops and markets that asset!
>LOL your a cuck
Unironically soibrain.

>>25795695
>I'll stake mine myself
You know you won't be able to stake yourself unless you have a top tier node, right? LP is the only known way for linkies to stake when it's released. Also look out for other nodes running token sales and get in early.

>>25795695
It’s already mooned 75x. Be careful these fucking retards can’t do basic arithmetic

>>25795714
>Failing to account for divvies
Yeah, ok brainlet

>>25795714
that's 250k/LP just in dividends, not in value of the token

>>25795770
Why not use your link to farm and get way more than 5 link per 2 weeks. Am I going crazy or is everyone in this thread fucking retarded.

>>25795577
without the staking being live, bullish af

>>25795784
This will be the next craze to focus on, getting in early on node operators that copy LinkPool's model. Operators like Certus One and Staked look like they have the resources to do so.

>>25795876
Do you think demand will just fall from the sky because neets stake their tokens on LinkPool? Why is nobody using common sense anymore.

>>25795871
We're not using our LINK... we're getting a cut from LinkPool's current revenue as a node operator and providing node infrastructure for other teams.

How much is 1lp at the moment?

>>25795871
>Why not use your link to farm
Where do you plan on staking your LINK when it's live? That's what we're paying for. By the time staking is live, LP will be even less affordable for normies. The long-term game wins.

>>25795998
Staking will enable higher value contracts.
>>25796030
About 55 ETH/LP.
https://staking.linkpool.io/dex

Tried to warn these plebs about the distribution twice, I got a total of 1 reply.

>>25795784
>LP is the only known way for linkies to stake
Yeah and they’ll have to buy a LP share? Chainlink is going to have to reach $100 for 5 every two weeks to be even considered as a yield worth caring about. And link can’t break $20. Staking where is it at? They can’t launch it because it can’t scale one ethereum. Sergey thought eth would be able to scale by now but ethereum has failed. $400 gas prices topfuckingkek it’s like you are living under a rock

>>25796178
>>25795998
>>25795871
>>25795785
>>25795714
>>25795577
Ask me how I know you're brown.

>>25794471
Why not build your own node and stake link there ?

>>25796413
Because the benefits of owning LP far outweigh the amount of work involved in building and maintaining a node.

>>25796413
Staking is not live yet. Linkpool shares entitle you to a percentage of revenue from their entire infrastructure. Linkpool will refund slashing costs if they fuck up. Linkpool will have a high reputation and amount of stake that will ensure it receives the best and greatest amount of jobs. Team is dedicated to keeping the nodes online, running link nodes is complicated. For starters.

How do I get rewards? Do I just hold my LP in my own wallet?

>>25796814
Yes, they're dropped to your wallet.

How often are payouts?

>>25794471
0.52 LP here, 2.9 link reward is fucking wild, what is going on behind the scenes?

>>25796983
Bi-weekly
>>25797032
Jonny has been busy in the barn

>>25797032
But seriously, the higher payout is due to the increased volatility of the market. More volatility = more price feed calls = more payouts.

>>25797032
eth fees are high, so they're paid more link than usual to negate this cost. the problem is that all their payments are on a smartcontract level. making all the extra money distributed instead of going to ETH fees. I guess they still have 3/4ths, but thats why distributions are so high right now

>>25795770
A LP costs like what $50k so you can only buy 3,000 LINK but if you have an LP you can just wait and in 23 years you’ll have the same amount.

>>25795784
Of course you can stake yourself.
Without this option then there is no need for link at all, you could just use a centralised oracle solution.
Granted LP will be easier and expose you to more lucrative queries at first but if you want to run a node that returns GMT or some similar non- privileged information then you absolutely can.
You would then earn multiple tiny fees but would be increasing your nodes reputation.
Also LP have already advertised NAS so owning LP tokens is not necessarily the only way to take advantage of LinkPools contacts and AIPs

>>25797297
yeah but there have been other volatile times that haven't resulted in such a big bump. this is a 5x increase from one only 2 weeks ago

>>25797366
>Linkpool rewards wont increase
>Linkpool tokens wont be worth more
Stay poor faggot.

Would linkpool pass the Howey test though?

>>25797446
Your rewards will be so low there's not much point, plus there's the risk of your node going down and losing your linkies. Linkpool will always be the number one node pulling in most jobs, and they pay for any penalties.

>>25794471
Will Burgers be allowed to purchase LP once the switch to erc occurs?

>>25795570
The shares don't get 100% of the LP network traffic rewards, but 15% or 20% (I really can't remember if they went from 25% to 20%, or 20% to 15%), so your math is over by a factor of ~5x in that situation.
I'm still bullish on my 1.x share(s) though.

>>25794471
Arbitrum will be released in the next 24 hours

>>25797691
At first sure but once LINK is mainstream then time/date queries will be happening thousands of times a second. Even at a fraction of a penny then they will be lucrative.
True enough that a call to see just how much Elon has in a particular bank account, for example, will be far more lucrative, it may only happen once a month.
As for down time, I have had a node running on test net for 2 years, I have a back-up server in a different state and it hasn't been activated once yet.
My other point of LPs NaaS still stands.
Wish I had 1LP but I'm not bothered that I dont have any

Anyone willing to sell me 1 LP?

>>25794555
You cannot get .18, it is not possible.

>>25794817
Why would an erc20 change anything? It's still an unregistered security.

>>25797971
>I have had a node running on test net for 2 years, I have a back-up server in a different state and it hasn't been activated once yet.
Nice anon. Are you running on AWS? I may look into it when I get the time.

So what will all of 5hid staking do with the link price itself initially though? That will decide if the staking reward is worth it.
20$?
50$?
100$?

>>25798157
Yes fren, takes about 30-60 mins to get your head around, following the official guide.
If you stick to 2 instances then you remain in the free to use category too so there are no AWS fees at all.
Worth doing just to get to grips with it and understand the system a bit more.

>>25794471
Do we know what caused this increase?
Is it a one time thing or can we expect to get this kind of income in the future?
It's starting to feel good but it will also make my tax reports more of a headache with my 50% taxation rate on the received Link income.
I may have to create some kind of holding company to protect my future staking income but have no idea how to do it.

>>25798268
Cool, thanks. Sounds like something fun to do. I like your idea about mainstream queries in the long run, so it could be worth it, even if it's just a bit of side income.

>>25798393
ill buy when linkpool is 1eth/lp because the sec is going to crack down on the US holders. youre a retard for not seeing this coming.

>>25797971
What’s your opinion on the graph network,,.Does it solve a necessary problem ? Is it necessary to have to Dapps that never go down? People say the opposite of link. Link data in and graph data out

>>25795871
how do you yield farm LINK
I feel like I missed where to do that

>>25798449
That will never happen.
If it goes down that much I will buy the dip and won't be the only one.

>>25797762
>so your math is over by a factor of ~5x in that situation.
>I'm still bullish on my 1.x share(s) though.
This is reasonable. I don’t think people realize LinkPool market cap is around 300mm right now. I could see the token price increasing if they make it only possible to stake link on the platform is to own .02 LP or something

>>25795396
If no LARP reach out to the LINKPOOL team.
100k link needed to apply for a node from LP. $2k set up, $150 a month , LP gets 10% of rewards , you are responsible for your own eth wallet and sending the rewards to LP.
You are responsible for any additional API access subscriptions fees not included with LP.

>>25798483
Sorry fren, I went down the LINK rabbit hole in 2017 and since then have found nothing that has made me want to diversify.
Consequently my understanding of other projects is not worthy of your questions.

would you rather mine crypto yourself, or invest in a cloud mining company (lmao)?

would you rather stake the LINK you own yourself, or invest in a LINK staking company?

>>25798449
it would be unprecedented for the US to crack down on people technically bought LP illegally. apparently early investors in silicon valley and whatnot have been doing shit like that for many years. those laws are to protect investors but if you say fuck it and invest anyway they apparently don't punish you after your investment takes off. anyway, that's my current understanding.

>>25798745
Is this a quote you have heard from them for node as a service?

>>25798868
It's annoying to get over this attitude after 3 years of being spoonfed

>>25798745
This certainly looks interesting.
Do you have an idea of how much time will be needed for the maintenance and management of a LP node?
Do you need to manage this as a professional company with customers or can it be run like a NEET node?
What happens with the rewards to be sent to LP if you take a vacation?
Does it happen once every 2 weeks? Can it be automated?

>>25798954
No this is for managed nodes. NaaS is not available yet.

>>25799686
???

>>25798483
>9 FUD posts on Chainlink and Linkpool
>Shitcoin eventually comes out.
Like a true Pajeet.

>>25797653
Linkpool is absolutely a security

>>25795714
I take it you were the guy that bought LP at a price 137

They don't support US citizens holding Linkpool. Does this mean I'm just fucked? Are there any alternatives, does it mean I can't stake at all? I'm a brainlet holding Link, help me out.

Im a burger with 1.4 shares from throwing 400 at it during the ico (have dual citizenship). How fucked am i?

>>25801179
You will have to use other staking services liked Staked.
Linkpool sounds like a scam since they don't deal with US.

>>25798954
>>25799984

I gave you anons a lot of crumbs already
The node can be hands on or hands off. Your choice.
If you have 100k link email the team.
They can answer all your Q’s

>>25801179
You can stake with LinkPool as an American just fine, you just can’t own a LinkPool token as that is a security. Token owners will probably get priority to certain nodes, but they will be open to the public and the tokenless too.

>>25801554
>>25801360
Thanks for the info guys. Anywhere in particular I should look to learn more about staking?

>>25801595
https://medium.com/linkpool/staking-with-chainlink-b58eb3de6f1b

>>25801697
Thanks again man.

>>25801384
Do you know about NaaS? When will be released? Any rough estimates?

>>25801316
this guy is the reason ill buy 1eth/lp when the sec cracks down. hope you guys sell before that happens. just saved a screenshot too :)