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/biz/ - Business & Finance


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49465432 No.49465432 [Reply] [Original]

Can anyone answer this?

https://archived.moe/biz/thread/49454640/#49454640

>The initial plan, a few months in, is to reward 5% for 75M staked. Out of ~400M circulating. For one (1) single feed. Which will later be scaled up to all feeds.

>How can they do 5% off of one feed?

Is this subsidy or is this baseless? Any sources?

>> No.49465455
File: 629 KB, 1920x2292, toucan needed.jpg [View same] [iqdb] [saucenao] [google]
49465455

>> No.49465479
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49465479

>>49465432

>> No.49465602
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49465602

>>49465479
>>49465455

Toucan needed

>> No.49465647

>>49465432
it is 5% for one feed, but only 75 million LINK will be able to be staked
so yes revenues from increased usage will increase APY, but increased amount of staking positions will decrease it

ultimately these theories are pointless as we're too early in the network
LINK isn't some shitcoin that mints rewards but a service, the long-term APY will be a result of supply and demand

>> No.49465722

>>49465432
They have 350M to subsidize node operators. That’s how they will meet 5%

This means circ supply will increase over time. They plan to slowly moving away from this and relying solely on fees as more feeds and features are offered for staking

>> No.49465763

>>49465432
>>>How can they do 5% off of one feed?
>
>Is this subsidy or is this baseless? Any sources?

Subsidized directly out of Sergey's pocket (team wallets).

https://blog.chain.link/chainlink-staking-roadmap/

READ NIGGA READ.

> Staking Rewards

> In v0.1, it’s expected that native token emissions directed to stakers will target a base level of annualized staking rewards of up to 5%. After the release of v1, annualized rewards will vary based on user fees and the length of the commitment period, with stakers choosing longer commitment periods having the opportunity to receive a greater share of the rewards.

>> No.49465778

It's real. All of it.

https://youtu.be/0KuGAUuoNFo

>> No.49465824

>>49465763
To further elaborate; there won't be enough jobs available for any and everyone to stake. CCIP and the enterprise abstraction layer aren't out yet. So Chainlink is setting up the infrastructure with an initial pool of up to 25 million Link tokens being staked and filling in staking rewards with their own tokens.

>> No.49465917
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49465917

>>49465455
Toucan needed

>> No.49466719

Rory!!!!!!

>> No.49466785

>>49465455
Toucan needed

>> No.49466836

>>49465455
toucan needed

>> No.49466951

>>49465455
Toucan needed

>> No.49466979

>>49465432
the feed is free atm. won't be for much longer. That feed underpins all of defi

>> No.49467003

>>49465722
Before some dumb cunt says it, this wont cause inflation because you are simultaneously locking up 15%

>> No.49467047

>>49467003
Retard.

>> No.49468015

>>49465455
Toucan sneeded

>> No.49468068
File: 80 KB, 978x1042, chainlinkpepe.jpg [View same] [iqdb] [saucenao] [google]
49468068

>>49465455
Toucan needed

>> No.49468088

>>49465455
Checked, it will hit 1k with or without the toucan, toucan not needed.

>> No.49468121
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49468121

one reply and Consensus will be a bloodbath

>> No.49468124

>>49467003
Holy cope

>> No.49468134

>>49468121
Thank you Zach based king

>> No.49468144

>>49468121
The manchurian candidate. under the sea, my son

>> No.49468159

>>49468121
Based king Zach, thank you very much sir

>> No.49468161

>>49468121
DUDE never go full incel!

>> No.49468170

Under the sea,
Under the sea.
Darling, it's better down where it's wetter,
Take it from me!

Up on the shore they work all day,
Out in the sun they slave away.
While we devoting, full-time to floating,
Under the sea!

>> No.49468272

>>49465432
You gotta look at the big picture. If you are going to use a large amounts of capital in a protocol, wouldn't you want the security that Chainlink provides?

>> No.49468304
File: 1.49 MB, 500x567, BIGMACVERT.gif [View same] [iqdb] [saucenao] [google]
49468304

>>49465455
TOUCAN NEEDED

>> No.49468347

> Tfw don't have the balls to short LINK rn

>> No.49468365
File: 2.75 MB, 309x421, 1540239552761.gif [View same] [iqdb] [saucenao] [google]
49468365

>>49465455
checked toucan needed

>> No.49468381

>>49468121
based king thank you zach

>> No.49468396
File: 3.70 MB, 600x338, 1652635889834.gif [View same] [iqdb] [saucenao] [google]
49468396

>>49465455
toucan very much needed

>> No.49468402

>>49465455
Toucan needed

>> No.49468405

>>49468365
This is such a repulsive gif

>> No.49468484

>>49465432
>>49455498
Understand the rollout phases, v 0.1 is essentially testnet on mainnet, it's a way of testing live alert and monitor systems before they even implement slashing. It's why they're only rolling out on 1 feed at first, it's just testing so they can gather feedback and improve details, etc. since it's testing by cl labs, it's only paid for by cl labs for the first few months of test rollout. Then as it's proven to be robust it'll progressively shift from 25m to 75m, and eventually the payout will be partially supplemented - and later on completely replaced - by user fees and the PGP fund instead of cl wallet emissions.

I would guess something like 5% for 25M 100% out of cl pockets for the first 3 months, then upgrading to 50M with 50% cl labs 50% PGP for the next 3 months, then 75M with user fees being added to the payouts, probably going from 1 feed to 3 or 5 in the first few months, then 5 to 15 after 6 months of robust testing etc with various adjustments along the way.

It's going to be a slow rollout so don't expect fireworks but it'll be steady and a year or two from now, it'll have matured to full scale without fanfare. And then ccip fees will become a serious game changer. The training wheels will be off.

There are so many moving parts to all of this that will become obvious in the coming months. Alerting, reputation, loss insurance, PGP, delegation, super linear model, neet nodes, applying staking to ccip which will require its own unique rules and will itself be released in various slow phases, and then even later nodes themselves leveraging ccip in a meta way to further optimize their revenues... Unironically a behemoth that will make layers 1 look like child play. Its going to be a wild fucking ride. They haven't been scaling to 1000 employees, mostly former fang execs, this year for nothing.

>> No.49468493
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49468493

>>49468405
how about this one

>> No.49468586
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49468586

please, i have a request. can someone post the greentext saying "most of you won't take the time to read this. for those that do, "

in exchange have a rare serg

>> No.49468612

>>49468484
fud

>> No.49468725

>>49465455
Toucan needed

>> No.49468761

>>49465455
Toucan needed

>> No.49468783

>>49465455
Toucan needed mf'er

>> No.49468788

Why are 99% of anons here retarded and literally have no reading comprehension or the ability to read a 5 minute blog post

>> No.49468809

>>49468121
you're okay, don't come under the sea tomorrow

>> No.49469086

>>49465455
Toucan needed

>> No.49469722

>>49468121
basedo zach thank you king

>> No.49470179

>>49465455
Toucan needed

>> No.49470281
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49470281

>>49468586

>> No.49470427

>>49465455
this Toucan is VERY needed

>> No.49470665
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49470665

>>49465455
checked nice meme

>> No.49470819
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49470819

>>49465455
Toucan needed. Send it.

>> No.49472024

>>49465455
Toucan needed

>> No.49472202
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49472202

>>49465455
Toucan needed

>> No.49472236

a cringe toucan? forced memes itt go the fuck back

>> No.49472243
File: 289 KB, 1280x720, D2FE9CDD-50E0-47B7-B73F-2DAC023D0606.png [View same] [iqdb] [saucenao] [google]
49472243

>>49465455
toucan needed
>>49470281
thank you

>> No.49472260

when link hits $1000 i will buy a pet toucan

>> No.49472264

>>49465432
How much value is secured by the ETH/USD feed and how much collateral is required to provide cryptoeconomic security via super-linear staking?

>> No.49472299

>>49472260
no one tell him about the max value on the LINK/USD price oracle kek the ultimate betrayal

>> No.49472510

>>49465455
Toucan needed

>> No.49472952
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49472952

>>49465455
Checked and Toucan needed

>> No.49473000

>>49465455
toucan needed

>> No.49473034
File: 2.00 MB, 500x384, 12356613452343.gif [View same] [iqdb] [saucenao] [google]
49473034

>>49466785
>5455
>>49466836
>>49466951
>>49468015
>>49468068
>>49468088
>>49468304
>>49468365
>>49468396
>>49468725
>>49468761
>>49468783
>>49469086
>>49470179
>>49470427
>>49470665
>>49470819
>>49472024
>>49472202
>>49472243
>>49472510
>>49472952
>>49473000
checked

>> No.49473061

Under the sea,
Under the sea.
Darling, it's better down where it's wetter,
Take it from me!

Up on the shore they work all day,
Out in the sun they slave away.
While we devoting, full-time to floating,
Under the sea!

>> No.49473188

>>49468170
Got crabs homie?

>> No.49473220

>>49465455
Toucan needed

>> No.49473319

>>49465455
Toucan needed

>> No.49473397

>>49465455
Toucan needed
Also the fud tranny group hates that you made this lol

>> No.49473438

>>49473397
discord tranny here we love it
>we
>3%
>tnn
>peepeepoopoo
>manipulated maniac
>tonight!
but we stopped tnn a while back so it is good that it is rent free in your heads kek

>> No.49473461

>>49473397
according to this thread it seems that the team has been spreading rumours to dump on discord trannies
>>49472516

>> No.49473473

>>49467003
you're brain dead. Why wouldn't i dump the tokens im farming when i know the price is going to sink further.

>> No.49473493

>>49465455
Toucan needed

>> No.49473511

>>49468484
so two more years and another BTC cycle. Why the fuck would anyone hold this for two more years

>> No.49473537

>>49473511
fud tranny detected!
because toucan needed!

>> No.49473565

>>49473537
found the bot

>> No.49473572
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49473572

>>49465455
Toucan Needed

>> No.49473577

>>49473565
your coping and seething from your discord! ha checkemate!

>> No.49473610

>>49465455
toucan needed

fuck josh and chris!

>> No.49473677

>>49465455
Toucan needed

>> No.49473802

>>49465455
Toucan needed

>> No.49473843

>>49465455
Toucan Needed

>> No.49474211

umm is the toucan needful?

>> No.49474591

>>49468484
and then in 2050 when staking and CCIP has been fully implemented they can start testing the SWIFT network. Do a gradual rollout for few decades. Slowly rolling out the network and in 3100 we have price feeds for SWIFT.

>> No.49474645

I’m hoping the combine ogs stack is less than 75 mils, I want a spot in staking

>> No.49474725

token needed https://www.youtube.com/watch?v=Ruk-CrnBZK4

>> No.49474845

>>49465455
Toucan needed

>> No.49475293

>>49465455
Toucan needed

>> No.49475373

based zach thank you king

>> No.49475383

>>49465455
Toucan needed

>> No.49475391

>>49465455
Checked toucan needed

>> No.49475420

>>49465455
Toucan needed

>> No.49475429

based thank zach king you

>> No.49475534

>>49465455
Toucan needed

>> No.49475592

>>49465455
Toucan needed

>> No.49475606

based zachie boy the prince of crypto

>> No.49476818
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49476818

>>49465455
toucan needed

>> No.49477288
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49477288

Toucan needed, spread this blessed captcha

>> No.49477796
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49477796

>>49465455
Toucan needed

>> No.49477816

>>49465455
TOUCAN NEEDED

>> No.49477831

>>49465455
Toucan needed

>> No.49478691

>>49465455
Toucan needed

>> No.49479037

>>49465455

TOUCAN NEEDED

>> No.49479058

>>49465455
Toucan needed

>> No.49480194

>>49465455
TOUCAN NEEDED

>> No.49480533

>>49465763
>out of Sergey's pocket
Lol

>> No.49480646

>>49465455
Toucan needed


(and sneeded)

>> No.49482240
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49482240

>>49465455
Toucan needed

>> No.49482715

>>49465455
Toucan needed