/biz/ - Business & Finance

Am I missing something? That literally says general access also opens in December. Seems like the "super cool" holder club will last only a few weeks.

>>51690145
> I only have a 10k stack and if I staked it and some smart contract error caused me to lose 10k LINK I'd probably kill myself.
Same reason that kept me off of bancor, Nexus, yield-farming stuff etc. But in this case I'd assume if there was an error, chainlink would cover it. Not to mention that your links would be (nearly) worthless anyway.

>>51690211
>But in this case I'd assume if there was an error, chainlink would cover it. Not to mention that your links would be (nearly) worthless anyway.
>Not to mention that your links would be (nearly) worthless anyway.
That's actually a good point. Any error that caused all the long term stakers to lose their stake would probably kill the project. By logic, there is no reason not to stake since if you stake and it goes well you're going to get some huge gains, and if you don't or do stake and it fucks up, LINK's price will plummet so hard your stack will be worth nothing anyway.

Guess I am doing early access staking then.

I bought all of my Links in 2018 through a Binance account. I then held them on Binance until Coinbase listed Link and sent them there. I moved them to cold storage earlier this year (maybe 3 months ago). Do you think I'll be able to stake? I have 33k tokens

>kept my LINK for almost 5 years on binance
fuck

>>51690343
No, I kept it on there until Coinbase listed Chainlink. Whenever that was like 2019. So I had them on Binance for a year at most. Then I kept them on coinbase for years.

Does it really make a difference if I'm trusting an exchange or trusting some hardware wallet? None of use really. understand how these wallets work or anything. When it comes down to it, we're trusting that one day our wallets won't just disappear or something one day.

>>51690145
>those who qualify will get priority access to link staking when the pool opens
>when the pool opens
so link staking is pooled? is there anyone building that link pooling infrastructure?

Given the teams completely inability to be honest about anything, Im gonna hold off. I could legit just see them deleting a bunch of coins and pretending it didnt happen.

>>51690925
>is there anyone building that link pooling infrastructure?
Yes there are literally hundreds of pools that will be available to stake at. I get that you're trying to shill LP but LP isn't even a top 5 pool.

>>51690145
https://www.youtube.com/watch?v=AR76vipfqDk

>>51690249
indeed. that logic is rock solid

>>51690296
Someone answer this please. I am in a similar situation.

>>51690145
What's the timestamp in that video for the Early access slide? I can't seem to find it..

>>51690211
In that pic it says "You have opportunity to stake stake... if the pool has not filled.

So early access may open just a couple of weeks earlier than general access (both at december like the slide says) but the pool might be full at the time general access opens up, so they still have to wait in line.

>>51690145

>>51691066
45:19

>>51690145
Why not just stake 2,500 then? I mean it’s very likely that staking 2,500 will be huge. Like at $2,000 5 million staked… 3% of that is what? 150k/year? What if link hits 10k? Then that’s 1 milly a year without even touching the other 7,500 link you got.

>>51691058
nobody knows biatch

>>51691084
the canister has been enabled to suck my dick

crypto-retard here: why would I want something that's supposedly anonymous and decentralized to be able to know how long I've owned it?
also, pic related: (rule by (((oldfags))) does not sound "decentralized").

>>51690296
>>51691058
All will be revealed on Monday, huh? I doubt many of us have their original stacks in the same wallet. I shifted my 2017 Links to a HW in 2020, so I'm wondering the same thing

>>51691111
Checked and thanks anon

>>51690145
>I've held since Jan 2018 so I'm most certainly going to be eligible
kek only those KYCed and approved by Sergey qualify. Chainlink is a centralized KYC scam.

>>51691130
It’ll just be a site you connect a wallet to, nothing more complicated

>>51691130
it will just read from the blockchain when LINK was first deposited into your wallet

>>51691120
Hahahahaha what??? Where are you getting $2k per token. It cant even break 10

>>51691433
$2k per token once staking is live is quite conservative desu

>>51691120
>>51691440
Sirs I believe we're still on track for $1k EOY

>>51690249
>there is no reason not to stake since if you stake and it goes well you're going to get some huge gains
if you stake you're locking your shit in for potentially years. won't be able to withdraw, won't be able to sell, it will be like you didn't even have it.
bull run bubble? lol get fucked, forced hodl mode

>>51691717
You're thinking of ETH staking. There's been no indication LINK staking requires a lock in period.

>>51691736
read the staking blog post. all your shit is locked until v1 releases

>>51691739
>Stakers participating in the v0.1 release will have their staked LINK locked until at least the release of v1, where they will then be able to choose commitment periods of varying lengths.
>https://blog.chain.link/chainlink-staking-roadmap/
You are correct. I'll probably just stake half my LINK then. 5k staked, 5k held.

>>51691739
>locked until v1
Why don't you cut n paste that part for us? Oh it's because it doesn't exist. How damned inconvenient for you

>>51691780
lol fucking retard

>>51691780
I just posted it don't be faggot
>>51691790
He's not a retard. He's reverse baiting to get someone to prove him wrong, i.e. spoonfeed him because he isn't sure if >>51691717 was telling the truth or not.

>>51690214
>But in this case I'd assume if there was an error, chainlink would cover it

>>51690982
Nice cope nopooler
List the publicly available staking pools you'll be using, I'll wait for them to even get announced so hit me up in a thread come December.

>>51691878
Screencapped to repost when it's revealed LP holders are all bagholders
>BUY OUR TOKEN SO YOU CAN STAKE YOUR TOKEN!
lol + lmao

>>51691717
>all anyone wants is staking, please we just want staking, for years staking staking staking
>haha silly linkies don't you know your link will be staked for a LONG TIME???
we know retard. that's what we want. we truly don't care. anyone who does care will just stake half their stack or something.

>>51691898
List one now, c'mon lmao

>>51691801
JUST LIKE BANCOR AMIRITE

SUPER DUPER SAFE STEAK NOW AVAILABLE MARINES APE IN

>>51691976
>>51691967
>>51691948
>>51691898
>>51691878
Flashloan arbitrage, learn how to do it the right way on the video below

https://cos dot tv/videos/play/37118042580489216

Resources needed to do the same process of the video are on the link on the videos description, click the video title to see the description

>>51692110
There's the 'shill' bot designed to flag and take down threads, nice knowing y'all.

>>51692468
>>51692110
bump

>>51690249
In v0.1 there is no automatic slashing mechanism. So any 'slashing' would be done manually & very likely covered by Chainlink Labs

With everything we’ve seen I wouldn’t be surprised if something (((goes wrong))) and it’s a last ditch effort to rob early investors/4chan autists before this shit really becomes the next bitcoin.

>staking finally here
>hmmmm sorry goy. Staking is only for our top tier elite baggies. You're gonna have to buy sirgays dumps for 4 more years before you can stake
>>51692561
>becomes the next bitcoin
>an erc20

>>51691120
At $2,000, 5 Million staked link would earn you 300 million a year bro.

>>51692595
its all just code ran on different machines anyway faggot erc677 transfer and call
the value lies in security guarantees and utility and LINK keeps creating more and more while BTC just transfers

t. tired of being scammed by fat russians

>>51692632
>link is totally gonna flip ethereum

>>51692596
where is liquidity coming from for staked earnings?
for any POS coins?

>>51692656
That would be peak clown world & lulzy

>>51692659
It comes from wherever for whatever reason dont ask about buyers or selling in a contract just imagine a perfect world where liquidity is always on hand

>>51691967
he cant, they never can. pools closed

>>51692540
yeah 0.1 has no slashing (kinda like the current "staking") which means your stake is not used as collateral. with only an ETH feed, it is basically the introductory phase

still i will only stake 50%, just in case
i've come too far to be fucked by a black swan event

>>51692655
man that subreddit is useless. probably still big on nano

>>51690343
maybe you'll be able to offer them proof of your original transaction? Every one doing this is going to get kyc'd anyways so i don't see why not.

>>51690145
I BOUGHT MY PRESALE LINK WITH A WALLET I NO LONGER USE AND IVE MOVED MY LINK MULTIPLE TIMES BETWEEN DIFFERENT HARDWARE WALLETS
THERES REALLY NO HOPE I CAN STAKE EARLY?
SERGEY REALLY THINKS WERE ALL STILL USING THE SAME ICO GAMBLING WALLETS FROM 2017?

>>51692907
>eligibility is determined by on-chain and off-chain activity
you should probably be fine

>>51692656
God I can’t wait until it happens I’m literally going to pay packs of Noggers to come to Fudders and NoLinkers houses and rape them on live stream.

>>51690145
You can check on monday you monkey.

MONDAY

>>51690214
While watching the presentation I was wondering who you'd stake your tokens with. If it's the company itself on their own nodes then, given track records of 100% no problems here or there, there shouldn't be a problem at all. Would be unfortunate to see some problem come up as soon as staking comes out from ChainLink themselves. If I qualify to be able to stake and it's with them themselves I believe I'll take that risk since I was planning on holding for another 8 years to begin with.

So the staking reward would be 5%?

>>51692735
Im really curious on the partnered growth program that us early access stakers are going to get in on.

>>51691798
>i just posted it
I retract my statement and apologise. I hadn't seen that. I feel pretty silly but that's life. I'll go now and reflect upon my shame. Perhaps a coffee will help.

This is honestly all so gay.