/biz/ - Business & Finance

>>54385993
wasnt there an airdrop for this ? when

>>54386742
Sdl tokens. 1 sdl token for every 4 linkpool. SDL token is worth $0.44. We got rugged hard, they also renounced their profit sharing promises. The people at linkpool should be in jail

>>54385993
when will tokens redeem,, my village waiting

>>54386984
tell me now dears,,

>>54386818
>>54385993
>Dude by this worthless third party shitcoin to stake your linkies!
Lol
I remember you lpl faggots being the most obnoxious and arrogant midwits on the entire board. I still don’t know where all the unwarranted cockiness came from, but I swear this was the most satisfying, funniest, and well deserved rug in the history of crypto.

>>54387155
>i remember
that is where i stopped reading,,, your're cunt stinks shut up

>>54386818
lmao smug LPL hodlers got rimmed by johnny

>>54387155
I wouldn’t say it was well deserved. It wasn’t like we were shilling a scam. The project was good, the problem was that the team were greedy fuckers and betrayed us. They didn’t need to do what they did, they were not at all in a financial predicament and should face punishment, but there is no Justice in this world. 20k down the toilet

>>54387155
kek wasn't 1 single LPL (((of which there was like a 4000 supply... just lmaowtf.movmp5)))) they were trading at $50,000 per token top kek

>>54387203
>It wasn’t like we were shilling a scam.
>It wasn’t like we were shilling a scam.
>It wasn’t like we were shilling a scam.
>It wasn’t like we were shilling a scam.
that's exactly what you were shilling ultimately, regardless of what it looked like at the time, quack quack

>>54387203
>The project was good
No it fucking wasn’t you absolute fuckwit. Why in the fucking world would you buy a shitcoin to stake another crypto?

>>54387215
What’s funny is that Lpl holders were losing money from the start kek

>>54387239
It was more the profit sharing aspect

alright @/biz/

how many of you retards bought/"invested" into this exit scam rug scam pull

>>54387406
Not me because I don’t have Down syndrome

>>54387239
he needs to cope with his cognitive dissonance in some way or another, anon
>>54387304
>promises profit sharing
>ends up sharing profit with all other nodes and rugging og holders instead

>>54386818
0$ 24 trading vol lol

>>54387215
The original ICO was awesome. You got 1.6 LP per ETH back in 2018.
I got out at an average of 40 ETH per LP share, but they spiked to over 100 prior to the switch to LPL.

NEVER migrating my hole village fuck off

>>54386742
mid april, there's a final snapshot on april 3rd I think for anyone who hasn't migrated their LPL yet
>>54388026
migrate retard or you'll miss it

>>54388101
fuck off I'm keeping my LPL

>>54388108
don't you want to get ETH yield or whatever

>>54388123
SDL is scam. Their community is so angry. LPL is real with a good community of happy people.

>>54388136
anon, the LPL token is dead... you have to let it go. the LPL community lives on in SDL, we can make it together

>>54388101
Source for April 3rd snapshot?

>>54388015
>from over 100 ETH (((440,000 USD at one point) per LPL to 0.44c per LPL
>linkies will defend this
this has got to be the biggest scam of all time

>>54388303
here ya go

https://snapshot.org/#/council.stakedotlink.eth/proposal/0x8d6e740fad42b181e502f0908d4abd757f711143494515902618a604a42c8f6e

>Perform an SDL, stSDL, and SDL/LINK snapshot using the datetime of 2023/04/03 (April 3rd, 2023) 12:00 PM ET, for the purpose of identifying eligible wallets for the Unmigrated LPL Holders portion of the airdrop

actual drop will be 2 Weeks Later tm

>>54388329
Thanks, guess I should probably migrate

>>54388311
Its not that crazy because you got 25k of the new LPL token for every LP share you had.
So LP went from $440k/25k= $18 to $0.20.
Only a -99% down.

>>54388389
>only a 99% down

>>54388329
Oh great more worthless shit from the pool niggers. Maybe this will cause the price to drop down to $.02 so we can be back around ico levels.

https://chain.link/refunds
don't worry guys if you lost money on LPL you can get it back, no issues. thanks sergey

>>54388389
>only a 99% down
that's great news anon, g-great n-news

>>54388329
was not the vote during the last high council convention to determine this very thing,,, why everything is two weeks away then another two weeks soon, fucking jews

>>54388361
yeah you should qualify for the full drop if you do
>>54388606
they voted on whether they would do it or not, now they have to make a claim page and make a merkle tree and mint/burn a bunch of tokens

>>54388154
FUD never migrating my LPL

>>54388672
v_v anon pls

the 15 nodes that make up SDL got 47% of the link payments the last day that market.link retrieved data. When staking went live they only got 3% of the 25 million link allotment (750,000). They got short changed so that community members could stake their links. as the amount of link staked is increased the community should exhaust their amount they're willing to stake and a larger percentage of a larger number of link should be allocated to the nodes.

I was an LPL holder and I got screwed over just like everyone else, sold all my SDL but have been slowly accumulating at lower prices. You should ask yourself what the future value proposition is for getting staking rewards from 15 nodes that represented 47% of link payments prior to staking.

>>54388154
The promise behind the LPL token is real and Jonny can't decide to cancel it on a whim if his company does not go through a bankruptcy.
At this point shareholders would take control over the company too.

The LPL token is a real share of the Linkpool company and Jonny will go to jail this decade if he doesn't fix this.

>>54388803
You invest into a CEO's ability to deliver and not a promise from someone with a track record of failure and betrayal.
It does not matter what SDL looks like when it is guaranteed to fail.

>>54387155
>I still don’t know where all the unwarranted cockiness came from
le based schizo 42 meme'd it hard and people believed him.

Reminder that lord and savior Sir Gay endorsed this

>>54388803
what is the expected apy for staking eth derivatives?

>>54385993
The meme became true

>>54389178
Sounds like you've been reading, "Mao's jews".

>>54387203
This but the people with a hard on for hate won't care.

>>54388678
didnt read not migrating

>>54389543
>~< anooooonnnnn.....

>>54389549
I believe in Jonny, Eric, and the LPL team they would never rug me like you are saying. You are just trying to scam me Bulgarian. What language do you speak at home?

i still feel bad for discussing this lots here but then i do think the team were actually acting in good faith
if we believe the dec 16 blogpost then they had funding all lined up and then sbf/ftx news broke which led funders pulling out and fucking them over
you can still blame them for poor risk management, for not fundraising during the bull etc but still pretty sure that they were fucked over
some have raised that the rev share should have been lowered or suspended during this time and that is a fair point. maybe they just took the chance to get rid of the rev share anchor (they were giving 25% of their revenue to 2018 biz neets in perpetuity) and the legal risk - lpl was a clear and unambiguous security

the sad thing in all this is that the speculation here about the model was correct - the 3% maintainer's fee for sdl was going to go flow to lpl holders, we were going to get priority to stake etc
and when you look at the nops that they got on board its clearly impressive, the system works well, what they built is unique and has first mover advantage which was the whole focus of the project along with the rev share

now our investment has been massively hollowed out with the rev share the big loss. the airdrop coming mid april is pretty good i guess, and does include those haven't migrated but yeah it's will be a long term play now to get value reflecting what we *had* with lpl. to equal the value of the lpl rev share it will take a year or two of fully fledged staking (v1+)

>>54387253
Wrong. If you bought before the ERC20 conversion you would have 20x your investment.

>>54390013
you sound like you for linkpool, but aside from that i agree with them probably not screwing us on purpose and long term its a decent hold with liquid staking

>>54387203
LINK POOL was the most stupid play from the START. So many peopled warned anons of fucking STUPID it was to buy that instead of more LINK. it was stated so many times, buying more LINK makes more fucking sense.

Not much was known back then, and the idea of LINKpool was literally that it would be difficult to stake. not only that, we had NO IDEA when staking would come, and LINK itself was risky at that time. we also had little to no idea on HOW staking would roll out. it was completely irrational to buy LINKpool instead of more LINK considering the massive risk reward of LINK itself. why speculate on top of speculate?

On top of THAT, it was pretty obvious to anyone without a room temperature IQ that multiple ways to STAKE could crop up if LINKPOOL or any other nodes wanted peoples tokens, which, many competitors may not even require a token to stake. if it was to be that damn profitable alternatives would spring up instantly. so even that rhetoric was ridiculous.
Turns out chainlink themselves directly offered staking.... which is EXACTLY THE KIND OF REASON we said to just buy more LINK back then. too many unknowns and no need to speculate on top of speculate like that.

Not only that, but LINKPOOL team was incompetent as fuck. They outright refused to list the token on any other exchange but their own for so long, and it was extremely obvious they were fucking wash trading the shit out of that, while smug posting on BIZ to try get some liquidity here and there. they made money from that, and its fucking obvious. they started a massive seethe campaign on biz when some other exchanges like BANCOR were going to list it because it was the end of their wash trading games.
Retard anons got duped by these faggots and thought all the smug posting was other anons, but its been Jonny and the team the entire time doing that shit to rope in a few suckers. They even called their Limted company "POOLS CLOSED" in the UK for fuck sake.

>>54389578
>t. nip soldier carrying on war on remote island in 1975