/biz/ - Business & Finance

>>29324860

Feeling comfy with my 1 LP. The absolute seething of people who missed out on LP is hilarious too as you can see in the comments below.

feels good man, my 1.4 shares got me 9.3 linkies. Not bad for a $400 investment back in 2018

>>29325085
>>29325065
Truly there is nothing comfier. Any ideas about the lp pre-link staking staking feature they teased?

>>29325283
Bump

>>29325283

I'm a brainlet in that aspect, I only know they were supposed to launch it in Q1.

Got 1.9 linkies. When ERC20 swap though?

Beginning to pin my hopes on linkpool as much as link now. Ideally the payouts become reliable enough that i could depend on them to support me and cash out at a lower price. 10k link holder, 0.5 LP. If CL can just 5x, and LP payouts can increase to be between 5 and 10 link regularly, I think i'd cash out my main link lump sum, pay off my debts, and just live off linkpool.

When do you think the erc upgrade, or hinted 'pre-staking' will drop?

>>29325812

Wait you are not going to stake your link? Or at least put your link on celsius prior to link staking release?

>>29324860
when is fatty Fatoshi going to release staking
once the network 5xes in activity I never have to work again

anons, what to do with 1k link? i have no LP

>>29325879
I honestly think if linkpool keeps going the way it's going it'll be better for me than staking my link. My dream make it plan was to wait and cash out 50% of my stack at a specified price that would allow me to pay off all debts/mortgage with a large cash reserve left over, and stake the rest whilst continuing to sell at intervals if the price continued to rise. With how long staking is taking to come and seeing linkpool's progress compared to link, i'd now consider cashing out 80-90% of my stack at a corresponding lower price, and just rely on linkpool for staking income instead.

>>29326186
one day you wont need LP to stake on there, but probably not for a while. Id throw it on some staking platform if you plan on holding

>>29325812
I'm guessing it will all be announced near end of q1

>>29326391

Very cool, sad that I've only got 0.12 LP but at least I've got 16.5k Link as well.
>>29326328
If this is true I'll make it just having the Link I can't stake on a lending/liquidity platform until limits are relaxed.

the network is fucking exploding, this is incredibly bullish and im surprised link isnt increasing because of it

WTF is linkpool?

>>29324860
I still hate every single person who told me it was securities fraud to buy this as an American. 3 years later I realized it would've been a small fine at worst. Well played fuckers.

>>29326932

>>29326856
Settle down Muhammed, the network is doing no such thing.

>>29327165
just fucking explain it, I know I'm too late I just want to know what it is.

>>29325085
Just realised i made 100e with my puny half lp. Just imagine the returns when staking is on. Jesus

>>29326328
You're not going to need LP from the start.
Link staking is going to be like GRT staking where you allocate your funds to a node.
You guys really think link would release some half ass staking product?

>>29326577
Thanks for your stellar contribution

>>29327334
Chainlink scam fork, dont listen to these discord trannies

>>29327332
keep seething nopoo

>>29326932
It's the largest node operator on the link network. They are also offering staking options so you do not need to run your own link node - please note link staking is not released yet. But, linkpool has a token that entitles you to a proportion of their revenue (in the form of link) from al the nodes they run, access to the staking feature when it comes out, and a way to earn link via a "pre staking" staking method that should be announced soon.

>>29327459
Linkpool staking wont be available to nopoolers for at least a year. This has been stated by the team multiple times. Maybe you should keep lurking or go back to le reddit/twitter

>>29327578
MB are you here???

>>29327644
Right the token, is what I don't know about. I assume they have documentation explaining it?

I don't see it anywhere on coinmarket cap. I do recall something about link pool tokens exploding in value at some point though.

>>29327718
Then I'm not going to stake with linkpool?
There's plenty of other nodes that want my link.
The idea you guys have of what staking is going to be like is dumbfounding

>>29327718
just look through this for a minute.
>A team that worked closely with chainlink as partners.
You don't think link staking will be somewhat comparable to this?
https://network.thegraph.com/

>>29328705
nobody said that, im saying you cant stake with linkpool for a while if you dont have linkpool. I then told him to look at another platform to stake his 1k link.

i just want to stake my link on coinbase

>>29328942
You won't be able to stake LINK if you don't have LP

>>29329035
why do you retards keep saying this?
You wont be able to stake with Linkpool.
Why can't you stake with a coinbase node?

>>29327876
Token is not erc20 right now, that's why you can't see it on coinbase. Check this for some background: https://talk.linkpool.io/t/what-are-linkpool-tokens-how-did-everything-start/27

>>29327993

>There's plenty of other nodes that want my link.

Such as?

>>29327993
Sure go ahead. We will be with the largest node operator with the best jobs, while you get the scraps, whenever that's released for you lol. Keep in mind you'll be splitting between everyone else as it will be open to all, while we are more exclusive, thus less splitting.

>>29329197
Of course you can. The question is which company will run nodes on which staking platform. If LinkPool as part of the Chainlink team gets the most juicy nodes that yield the best rewards, you better stake there.

Also, everyone will be able to stake on the coinbase/binance-hosted nodes, but a much smaller number of LINK holders will be able to stake on LP.

>>29329035
yeah that's definitely not right

>>29329951

This is a very important point. Everyone thinks ''oh I will just stake somewhere else'', without taking reward dilution into account. When there are a million poorfags staking on the same node you will earn literally nothing, whereas with LP there are only 800 something owners.

Wow, this is amazing! pre-staking pre-a lot of other good things! I think staking 1000 link will give me enough passive income to retire soon, but not as soon as i hope....

I have 0.04 LP on a ledger for tax purposes. What ca I currently do with this and how? I wouldnt mind some extra grocery money

>>29329951
>>29330272
Yeah I agree that dilution is an important factor and linkpool holders will have an upper hand there.
But LP will eventually end up losing market share once more traditional data providers start spinning up their own nodes.

But who knows, maybe Medium amount of jobs + smaller pool will be > than more jobs + more diluted pool.
I just don't like seeing linkpool being shilled as the only way people will be able to stake. That's really doing disservice to the chainlink.

>>29331473
agreed. please do not spread such disinfo

>>29331473
>I just don't like seeing linkpool being shilled as the only way people will be able to stake.
I think an equally viable way would be to offer your Link on a lending platform if the token truly gets in such demand from data providers wanting to stake etc.

>>29327334
https://www.linkpool.io/

>>29329197
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 you pass that limit, if you let users stake you are actually cutting their 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 having their own node it's not a valid option. 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.

>>29326856
>the network is fucking exploding, this is incredibly bullish
mfw

>>29327725
everyone browses at this point

>>29331874
obviously there will be limits to how many links can stake on a given node. i don't think you appreciate how many nodes there are going to be in the future though. eventually, the linkpool nodes are going to be a drop in the bucket compared to all the other options available

>>29332045
linkpool said at network maturity they would represent ~10% of the chainlink network
they're not just going to be doing chainlink though, linkpool is going to offer a lot more services and run a lot more networks than just chainlink

>>29332045
We'll make the most vaisn though as a large and reputable node. Furthermore the more link you make in early days while link is cheap, the better. As link moons you will get less and less link per job as jobs will be priced in usd.

>>29332318
>linkpool said at network maturity they would represent ~10% of the chainlink network
They said the want their node to be present in 10% of the txs of the network

>>29332045
How do you allow others to stake LINK in your node? Using security audited and battle-tested trustless staking contracts (LinkPool's Trustless Staking for All) or reinvent the wheel from scratch? Most nodes will tokenize themselves via Market.link contracts for a small fee (collected by LinkPool Ownership Contract).

>>29324860
Lol I got 1.33 LINK just holding this. I know its not a lot compared the actual price of the linkpool token but its pretty based. The community forum has some really good posts on it too.
Very bullish on this project especially since holding shares entitles you to a cut of multiple sources of revenue in the future

>tfw 0.04 suicide stacklet

>>29333477
That'll be 1 or 10 tokens after the swap fren
Remember there are only 1000 of these available to us. So you own 1/25000 of the circulating supply.

>>29331874
I said that here >>29331473

>>29331725
I've thought about that too. APR from lending platforms should be similar to how much nodes are rewarding, probably a little bit under though.
>>29333298
You're going to stake via a tokenless smart contract. Honestly just take a minute and research GRT staking to get an idea.
Chainlink (most likely) isnt going to expect everyone that want to start their own node to build this contract. They're going to put it together for them.

yea .04 is the minimum buy, that's like 5000 USD, and can't even look at price history to see how badly I'll be turned into a bag holder relative to historical prices, not really reasonable.

>>29333761
You shit on a street though.

>>29333699
>You're going to stake via a tokenless smart contract.
You haven't realized yet what is LinkPool building. Node tokenization is a fancy word for creating hedging markets and DeFi products around nodes. Imagine Nexus Mutual insurance style but for LINK nodes performance. Node tokenization is key to turn mere stakers into stakeholders. Tokenless contracts and comparisons with Graph don't make any sense here. Even though both projects share a common mechanism to prevent counter-party risks, they have different endgoals and they are aiming for different risk & composability schemes.

Either you operate your own node or you buy LP tokens. Otherwise you won't be able to stake.

thoughts on buying into linkpool versus adding liquidity to a dex (a la bnt)? pros? cons?

>>29325812
you can't take these rewards and draw a linear function for the next few years anon. Link quantity will increase sure, but when prices come crashing down again for 2 years that's when you'll know what a minimum payout will be like. I could retire now from LP too, but I'm not sure what's going to happen with link price in the next year

How often do you get paid out on LP, daily? 1 LP paid out 9 link just today? Why the fuck is the price of link just sitting there?

Where's the historical price data for LinkPool token?

Still cheap right now, LP will do another x100 after the token migration.

Cant wait for them to release link stake

>>29336258
you wish, everyone knows it's going to dump

>>29336258
and migration will happen at the same time that they start offering a staking or liquidity service. Screencap this. They arent going to issue a normie token until they are live with some kind of service.

>>29336363
>he thinks sergey plans on ever adding staking
oh sweaty...

>>29326856
>the network is fucking exploding, this is incredibly bullish and im surprised link isnt increasing because of it

What do you expect, they’re using literally the entire market in both directions and all of DeFi to suppress LINK.

And yet all they can do is manage to cause crabs between momentary explosive breakouts.

>TFW When you’re schizo enough to know shit like BNB exploding 500% is just a fomo distraction to get tendy eating autists to give up their ticket at the last moment after holding for three years

I’M NEVER FUCKING SELLING YOU HEAR ME

>>29324860
I've only got 0.12lp and 1.2k link am I going to make it?

>>29335135
If you buy Linkpool, you are gullible as fuck.

>>29338890
>TFW When you’re schizo enough to know shit like BNB exploding 500% is just a fomo distraction to get tendy eating autists to give up their ticket at the last moment after holding for three years
so true
they even rolled out covid to stop smartcon from happening last spring
there's nothing these evil people won't do

>>29340203
ya wouldn't it be silly to buy something that, in return for holding it, gives you your favorite asset on a bi-weekly basis?

>>29339316
If you hold a long time, yes. Keep accumulating.
>>29335135
It's not erc20 so no easy way to see unfortunately. You can check the dex for the last buy price though.
>>29334833
Buying lp is safer imo. Less risk for smart contract bugs.