/biz/ - Business & Finance

>>54379254
I don’t code so can someone tell me the purpose of a code repository?

>>54379254
How does this accue value to the Link token??

>>54379286
>How does this accue value to the Link token??

>>54379286
Well what it is is that now you won't compete against the team for selling the link token. Like how they said full staking and CCIP in 2022 despite knowing that would never happen.

>>54379286
>>54379330
>>54379346
Bonjour.

>5%
usually it's 3% huh, nice

>>54379286
It accrues value to my link tokens because I will be getting a share of the 5% allocation via staking rewards. Thanks

I will humbly accept my allotment of Decentralized Github tokens. Thank you.

>>54380220
and when will you be getting those airdrops?

>>54379286
The cuckolds will NEVER answer this

They are cuckolds
They will hold for eternity
They will keep losing sats/gwei/dollars
They are a cult

>>54380419
bonjour

>>54380462
I'm Serbian thoughwever

>>54380492
makes sense, a turk rapebaby crying forever in a foreign country

>>54380523
racist incel piece of shit.

>>54380564
a bloo bloo

go scrub some more french toilets, Jovan

>>54380462
kek I love these. Fudders are mentally fucked. Can't imagine being that sad.

>>54379254
Impressive
-0.37%

>>54380616
You wouldn't last 10 seconds in Eastern Europe you fat american shit.

>>54379254
Why doesn't news have any effect on the LINK price? It's like nobody buying and selling has any interest in the thing they are trading.

>>54380726
you quite literally outted yourself as a third world poorfag lmao, no coming back from that

>>54380462
> it's the same person because they use the same image despite there being different filenames that overlap in time
I am continually amused by nigger intellects

>>54380753
Because for every investor who has an idea what he's trading, you have a 100 tgjeets and redditors who are either stupid money or people trying to get into ponzi before stupid money

>>54380419
Bonjour.

>>54380462
The ABSOLUTE state of FUD fags.

>>54380753
It's BTC whales and CZ manipulating the price of LINK.

>>54380835
yeah my dear third world turk rapebaby friend, no one notices when you change the filename to 593452341.jpg and then post the same exact shit from your phone again in a minute lmao

I'm thinking about going all in on Link mainly because of the staking. Hell even if it is a stable coin (for now), that does add some level of comfort, but I think it's only a matter of time before it starts to realize its price again in the bull.

What % on average do you get for staking this btw?

Cheren pedal! Ciganin da te ebe!!
Fuck you stupid idiot shit mouth and be silence!

>>54380904
4.75%

>>54380564
You arent biz if you arent racist

>>54381076

And if number go up I get more returns on my stake immediately? It's not locked in at the initial value?

>>54380904
+build program shitcoins (18 this far)

>>54380726
I lasted about 1.5 hours with a 17 year old east euroslut last time I was there, actually. Nice looking women, smell weird but holy shit the men all look like mongoloids, feels bad for the bitches.

>>54381141
it's in link.. 4.75% of deposit paid in link. 7000 = 1 link a day.
plus >>54381158
pools closed for now though. stack, frend

>>54379282
It is something that lets you or a team keep track of the current state of a codebase and any historical changes or suggested updates and such. Also allows for easy sharing of code and such.

A decentralized service like this is cool because GitHub is basically what everyone uses now and it is centralized so you rely on GitHub to operate and they do all kinds of stuff with your code like allowing it to be used to train AI models without you being compensated or even notified.

>>54379286
>>54380419
How do other cryptos accue value?

>>54381373
Thank you for clarifying. That is actually a really neat idea and I could possibly see this becoming a major tool used in the space in the future.

>>54379346
>what it is is
kill yourself if you actually speak like this in real life.

>>54379254
Nice project. Fuck microsoft.

>>54379254
>down 90%
>"winning"
pretty sure thats the definition of delusional

>>54380220
how many have you received thus far and how much were they worth?

>>54381416
via the ponzi effect basically... Most alts get one massive pump if they're lucky, more than one if they're really lucky, and then mostly die out or just follow btc...

I don't think I've ever seen a crypto accrue value based on its "usecase", including Link.

>>54380753
For things like this we have no idea when this airdrop is actually going to materialize and also no idea how much it will be worth so we are all just in limbo until the airdrops start

>>54379286
this doesn't accrue value directly, however, when the build airdrops start arriving i suspect that there will be a speculative wave around chainlink
remember that in this scam market, airdrops get a massive amount of hype. chainlink stakers so far have 20 airdrops coming their way in addition to the very generous 5% in LINK they're getting
the price will not reflect adoption and usage for some time, it is simply too early for that and will need large amounts of link locked as collateral via staking
but again, this is a very new industry where speculations drives everything, when the airdrops start and the level and implications of the adoption becomes apparent link will start moving
then of course the bull will arrive which at least10x everything anyway

>>54379286
>>54380419
>>54380492
>>54380835
>accrue value
i bet you porn addicted trannies are going crazy in the discord, thinking "WE GOT SOMETHING TO RUN WITH, QUICK SPAM IT IN EVERY THREAD!!" lmao
also bonjour

>>54380874
>It's BTC whales and CZ manipulating the price of LINK.
Chico Crypto said it's going to take for-ev-er to finish the DOJ's case against Binance. But I suppose this is when LINK will finally rise. Correct?

On a side-note, I did notice that on /pol/ a lot of the doomposting and general kikery come from french flags.

>>54379254
ok but when do stakies get their air drops?

>>54383425
https://nuon.fi/blog/nuon-protocol-joins-chainlink-build/

>>54381711
Yes i agree. It is maximum opportunity and pleasure returns of bank.

>>54382527
> generous rate of less than a bank current account
lmao, chainlink advocate pls

>>54383485
If Nuon is similar to a stablecoin then how will the airdrop even work? 3 or 5 whatever % of the total minted supply at that point in time?

>>54383557
Does the USD have a fixed max supply of 1 Billion?

>>54383557
chainlink is going to implement QE from next quarter expanding the supply to 8b tokens, you heard it here first
>>54383579
they have some scam token behind it that will be airdropped
like all startups, 90% of these projects will fail but if we catch an aave or snx then will be very nice
space and time looks the best of them so far:
https://techcrunch.com/2022/09/27/microsofts-m12-led-20m-investment-in-web3-platform-space-and-time/
but for most it will be probably be best to dump them with 72 hours - like with most airdrops

>>54383637
>they have some scam token behind it that will be airdropped
Makes sense, thanks.
Do you have any other picks except Space and Time for what might not be dog shit?

>>54383729
Not that anon but Nuon seems pretty good, it's a "flatcoin" pegged to the truflation rate. It's backed by ETH similar to DAI so it's not a ponzi at least. I'm looking forward to getting that airdrop.

>>54380835
>HOW DO THEY KNOW IT'S ME WTF I EVEN CHANGED THE FILENAMES

just did some more reading:
https://blog.chain.link/chainlink-staking-launch-details/
>In addition to the rewards described above, stakers in v0.1 will also be eligible to accrue additional incentives, dependent on per-project qualifications, which will be made available through the Chainlink BUILD program in a future version of staking.
>Projects that have confirmed their participation in the Chainlink BUILD program include Krypton, Interest Protocol, Mycelium, Cask Protocol, Truflation, Dolomite, Space and Time, Galaxis, bitsCrunch, and ChainML, with more expected in the future. These projects have committed a portion of their total token supply to Chainlink BUILD, commonly between 3% to 5%. Portions are planned to be made available over time to Community Stakers, Node Operator Stakers, and other key community participants that help secure the oracle services that BUILD participants rely upon, which may expand in scope to other feeds and services in future versions. Portions of BUILD rewards may be, in part, determined by reputation metrics such as stake amount, length of time staked, and other key metrics.

key parts are:
>In addition to the rewards described above, stakers in v0.1 will also be eligible to accrue additional incentives
so it's in addition to the 5% in link
>in a future version of staking
this is at odds with the nuon screenshot above as v0.2 won't be out until september at the earliest
could have changed though
or maybe that see that as "soon"
or maybe teams could just independently drop to link stakers to get attention, a bit like how gitcoin donators get included in many drops
>rewards may be, in part, determined by reputation metrics such as stake amount, length of time staked
you did stake in v0.1 right?

>>54383557
>4.75%
>less than bank account
Kek. You will own nothing and you will be happy being charged negative interest rates.

>>54382527
Why would speculators come in if they can't stake at the moment to gain those airdrops? Makes no sense.

>>54384359
>The staking pool will initially be capped at 25M LINK, representing approximately 5% of the current circulating supply and 2.5% of the total supply, with plans to scale up to 75M LINK over time.

Another useless shitcoin. This one will pump our bags for sure

>>54382527
>5% generous
>inflates the supply by releasing more tokens from his premine
your 5% "gain" is completely negated by the token supply being grown by 5%. Thats 5% less price increase due to the same money chasing a higher supply
>inb4 muh 1b cap
yeah thats like 20 years away Kek totally irrelevent most people are hoping to sell before 20 years.
Right now link staking is OBJECTIVELY exactly the same as every other staking ponzi shitcoin.
Even midwits understand that you dont gain anything from this inflationary staking

>>54383403
Top Kek
>its the jews fudding and suppressing my bags
>its nexo and the bulgarians
>its CZ and the chinese
>its celsius and the ukrainians
>its thomas the coomer from the netherlands
>actually its the french anons
I guess this is completely normal for delusional qtards who believe they make pandemics and stock market collapses just to suppress your magic rank 20 shitcoin that nobody cares about

>>54384572
kek if you're worried about premines then what are you even doing here? this isn't 2014 anymore
sergey learnt the lesson from ef

>>54384631
>I don't care about your magic rank 20 shitcoin!
He states, while triple posting.

>>54383637
>chainlink is going to implement QE from next quarter expanding the supply to 8b tokens, you heard it here first

novel fud

>>54384968
this is usd/fiat fud, was being sarcastic

Let's do some quick maths.
>18 BUILD projects (and counting)
>Each one offering 3-5% of their token supply
So let's make some small assumptions and estimate the USD value for stakers.
>Assume each project supplies 4% of their tokens
>Assume they reach an average of rank 200 (this would put them alongside Axelar, Braintrust and HEX)
>In practice some will fail but some will do better than rank 200
>Rank 200 means a market cap of $127m each
>$127m * 18 * 0.04 = $9.1m divided among all stakers
>22.5m staking pool means $4.06 per staked LINK
>Meaning each 7k LINK you have staked will get you $28,448 in BUILD rewards
>At current prices and assuming a 12 month V0.1 staking period, that's a 61% APY from the BUILD rewards alone

>>54385206
Small typo, it's actually $91m divided among all stakers. The rest of the numbers are the same.
Go on fudders, refute it.

>>54382814
why do you keep posting bonjour are you esl?

>>54385206
stop advertising crypto ghoul everyone knows you are just a scammer

>>54385206
>LINK at $3.66

>>54384572
Based retard

>>54385206
>boy wouldn't that be something!