/biz/ - Business & Finance

>>26162797
SELL
SELL
SELL
to me

>grt shills shitting all over the board with retarded predictions
>zero fucking replies when a legitimate concern brought up

>>26162797
Shit the fuck up you stupid nigger.
If you can’t read the site and understand the answer to your question you are retarded.

>>26163252
If you did some research you’d never killed another thread for this garbage in the first place.

>>26162797
It's because all but 1 of the subgraphs are on the testnet. Only 1 is on main net. The defi dapps are still on testnet.

>>26163565
why do they pay massive rewards now? Why can't they start paying out after the migration

>>26163518
>>26163476
suck my cock trannies

>>26162797
mainnet is still in beta and testnet will be open until Q3, get in early before the big boys start having to stack up GRT tokens and the huge query fees start coming in. If you own over 5k GRT you need to be delegating asap.

>>26162797
You dont even understand what you are trying to ask.

>>26163723

Does it matter which indexer you choose? I'm confuse. Explain to a noob like me.

>>26163737
you know what I'm asking but you have no answer obviously
>>26163723
I rode 35% pump and sold already. Shit is so fucking sketchy to hold long term

>>26163657
because it costs a fuckton to operate an index (multiple servers, $8k+ in hardware and incredibly fast internet - or $2k+ in monthly server rental fees) - and they need indexers to be online and running in order to bring subgraphs onto mainnet. So they have to reward now, or nobody will put up the capital required to start an index node.

>>26163789
yes. you can get fucked. there are calculators out there that will help you estimate rewards, but it's all subject to change as more people delegate and/or the indexer changes reward percentages.

>>26163789
Yes it matters a lot. Simplest tip would be to pick the indexer with the lowest fee and rewards cut, which means us delegators get more of the share. Also make sure the indexer is getting revenue via query fees and indexer rewards (right side of table). Don't pick an indexer that isn't getting any traffic or rewards, could be risky. Also try to find indexers with a lot of spare capacity so you as a delegator get a greater share of the rewards.

>>26162797
All I know is someone is paying me 30% APY compound interest to delegate

Nobody uses this shit.
>But muh Uniswap and Coingecko

They use the centralized servers. They don't give a fuck about GRT.

>>26162797
New tokens are generated as part of proof of stake at a rate of 3% per year. Queries are free because not enough people have moved to main net.

>>26164455
>>26163879
so now the token doesn't have any value and we're basically buying indexer bags?

>>26164208
it has nothing to do with centralization, NOTHING.

>>26164008
wouldn't you want one without a lot of room left though if the delegation pool is small and the rewards are high?

>>26164660
>Bags
You realize the federal reserve prints dollars at an inflationary rate of about 2.5% per year that have no intrinsic value and whose only use case is money right? If I could use dollars to fuel AWS I
would get as many dollars as possible before smooth brains like you had it spoon fed to you that a single dollar is actually worth much more than the paper it's printed on or even what they've labeled it as. But please, keep FUDing. I need to accumulate another 30k and that's gonna be hard if it's still $0.60.
Do us a favor and live stream your suicide when GRT is $20.

>>26164660
Yes the whole point is that the value is derived from the quality of the indexer. So more indexers and more stakers would mean a higher price even with inflation (ignoring token burns). If you look on the GRT site and actual see the curators indexing on the mainnet beta, its just PoolTogether. All the other curators haven't moved. Think of the potential when they move to mainnet and the amount of staked tokens increases by magnitudes.

I get your FUD, the genuine concern is that when they are forced to exit the testnet, these companies decide to quit the Graph. Thats extremely unlikely and most of the curators have already agreed to move to mainnet by end of year.

>>26164817
yes but expect your rewards to get smaller as more people join, also there is a 28 day unstaking period so if the indexer is a bad actor or doesn't pay out as promised, you could end up with shit rewards.

>>26165016
They should fix that bad actor potential before the whole protocol ends up in fucking court... The system is based on smart contracts, but leave a "fuck over investors" toggle button on the dash board.

>>26162797
There are ecosystem rewards to incentivize "miners" (=indexers) to work and maintain the decentralized API infrastructure up to date at all times.
It's going to adapt but for now it's like that, it create inflation but just like any other crypto. When actual mainnet kicks in, GRT fees burnt are going to be higher by several orders of magnitude, you can even calculate approx how much per epoch from the public data.
>>26164660
> so now the token doesn't have any value and we're basically buying indexer bags?
Wtf are you even saying? Like the other dude, you don't even understand what you are asking.
>>26164208
> Nobody uses this shit.
If you believe in dapps, you have to believe in GRT, it's the only de factor infrastructure. Even non crypto devs are using it, it's the shit, no competition, that's a fact not my opinion btw.

> Uniswap and Coingecko
> They use the centralized servers. They don't give a fuck about GRT.

You absolute retard, all the clients from GRT are off chain and thus is traditional centralized server/website/systems, you are clearly RETARDED.

THE GRAPH IS AN INDEXING PLATFORMS SERVING THE DATA STORED IN SMARTS CONTRACTS.

Coingecko don't need that if they don't need to read what's inside these, it's just a website referencing cryptos, their marketcap, volume, = off chain / real world data. It has nothing to do with blockchain data.

THE FUCKING REAL DEAL IS THAT MOST DAPPS NEED TO PARSE BLOCKCHAIN AT ALL TIMES TO SHOW THE INFORMATIONS TO THEIR USERS, ITS WHAT A GUY SAID: THE GRAPH IS LIKE THE NINTENDO OF BLOCKCHAIN, ITS BRINGS IT, NICELY and curated, TO THE HANDS OF END "USERS"/DEVS/Website/Applications.
fucking low IQ thead wtf
I CANT ANYMORE BIZ YOU ARE FUCKING RETARDED. WHY AM I SPOONFEEDING RETARDS I DON'T EVEN KNOW. FUCK YOU OP I HOPE YOU AND YOUR FRIENDS DIE.
I AM GONNA MAKE IT THEN I AM GOING TO DUMP IT ALL ON GUYS AND AMMO AND LITERALLY COME FOR EACH OF YOU, PAJEETS AND FUCKING KILL YOU, I CAN'T ANYMORE, YOU FUCKING RETARDS

>>26165215
You seem like an alright guy. I was board as shit reading your answers, but that finale won me over big. Gonna buy 8000 more grt.

>>26165215
This

>>26165215
Why are you spoonfeeding these pajeets? Just accumulate

>>26165195
The cost to entry will prevent most fuckery. You need 100k GRT, about $6k in harddrives alone, and a pretty decent server to host or all. On top of that the devops expertise to set it all up. I think once you set your rates you can't change them on people without ending the contract which will return their tokens.

>>26165195
Being an indexer is the same as running a node. Every blockchain has this vulnerability with node operators but the graph has better incentives than most to make sure indexers are doing a good job. Indexers can be punished and denied their staked GRT if they are a bad actor and get less rewards for being less active.

> the genuine concern is that when they are forced to exit the testnet, these companies decide to quit the Graph

That is the main FUD lmao, but THAT MAKES 0 SENSE.
> "pay for the service of shut down your app"
> arguing companies will shut down their business/app instead of paying for a service like any other service in the world.
You think they have alternatives? Yeah sure they can parse the blockchain themselves and spend so fucking much on that just to keep that updated

Please biz, seriously consider kill yourselves before the EOW, for most of you it's the best investment ever

>>26165215
Crystal. Gratitude to you. The salt thrown is poppy-show politricks.

>>26165215
>dump it on guys and ammo
Gay

>>26165336
>Board as shit
Confirmed retard.

>>26165414
I don't know mate, I've no clue, this fucking third lockdown is really getting to my mental state.

Honestly if even $30k does not make $2m at the ATH of this cycle, the whole crypto space is a fucking failure. We're so early on all that shit, wether it's GRT, ALGO, PRQ, LINK, ADA, INJ, LTO....
I'm literally mentally breaking down, I'm shutting this shit down, I finished putting all my networth in crypto anyway, if in 2 years I haven't reached millions I'm literally going to spend the rest of my days eliminating pajeets just for the sake of my nerves (yes I am literally crazy rn)

>>26165215
Kek you’d fit right in with LINK OGs. Explaining the same shit the last 3 years over and over and there are still retards who don’t get it.

>>26165577
+ double dubs it means I'm gonna fucking stick to that plan

>>26165215
Unironically bought GRT because of this post. Only $40 worth of GRT because I'm poor.

>>26165609
My biggest regret is believing the Link FUD. In the end, I only managed to get 500 link. Moral of the story? Do your own research.

>>26165577
Big up yourself. Drop drinking? Kundalini? Loving-kindness meditation? MBSR? Ya heart needs to lift weights, big it up. Jah bless.

>>26165215
Don't bother for the FUDs, just accumulate and then when GRT hits $8 USD at EOY we can post our stacks and laugh at the tards.

>>26165979
thanks mate appreciate, actually not even drinking, smoking weed some days. Actually good words mate, peace on you

>>26165570
>Confirmed retard.
Bro, you don't know the half of it. I missed this shit at $.30 because I spent the last two months reading how Trump can still win over on /pol/.
I'm double confirmed with a timestamped notary mark.

>>26166084
Same, but I did manage to get a meager 112k stack of GRT which should be larger but I tried to be a swingfag and got left in the dust by .10 in mere hours.

>>26166194
I'm killing myself here. I'm sitting on a mountain of useless fiat from self-employing myself to death in effort to help "make America great again"; then, I get caught up in political soap opera and miss the new link.
I'm working with a faggotass 2k stack, and contemplating just dumping real money in to hit the 10k suicide if we don't roll back to $.50 in the next few days.

>>26163789
p2p-org is the obvious choice right now. mega

>>26166511
honorable work. wait 'till it hits ath and faggots dump their bags. they have no clue. it will hit .45 and you can load up.

>>26166511
America is fucked and a dying empire, better to focus that energy into making a fat money sack to buy land and become self sufficient as possible

>>26167099
Word brother.

>>26167144
That's the plan!

>>26165215
Based answer saved this shitty thread

>>26165215
based