/biz/ - Business & Finance

>>55626821
Some of us were Fudded out of staking…. Will we still be invited to the yacht party? Will black Linkmarines have priority over us?

>>55626821
>so their massive CHAINLINKS stake last for 2 centuries
With an actual money printer they can last forever.

>>55626850
>Will black Linkmarines have priority over us
Yup, but they will have a seperate faucet on the yacht. Same as americans treating their cat better than most people live in third world countries

>>55626850
the sad answer is ... no
see, it was never about muh make it stack or suicide stack or ANY amount
it was ALL about getting a wallet into the community staking pool
even just 1 link was enough
that's all it took
and if you missed out... you missed out :-/

i'd rather be a guy with 7k link staked than a guy with 100k link and no stake. simple as that

>>55626894
I don’t get it. I get early access and shit. But isn’t the entire point to have all the ecosystems tokens staked to make this whole new paradigm work? Well not all in theory but like 90% staked or whatever…. Which then causes the token to moon

cry all you want
TOKEN NOT NEEDED

>YWNGMI

Token not needed

>>55626894
Why do you say that?

>>55626894
i staked only 50 like a fucking retard and feel like it was pointless. got any hopium to share?

>>55626886
>Yup, but they will have a seperate faucet on the yacht. Same as americans treating their cat better than most people live in third world countries

Got us fucked up, my guy. We'll be the obnoxious assholes in the solid gold yacht next to you bumping Youngboy so loud we can't even hear you shouting the n-word at us.

>>55628461
>Post ID: ZL Flyin' Lowww

Based. My nigga ZL always getting into shit. Hes gonna buzz you faggots in his new twinjet.

>>55626850
You guys will have a malt liquor section of the yacht in the cargo hold while we have grey goose section on the deck. Were not completely evil.

>>55628414
That wallet address is now whitelisted for priority staking in the future. You can just move more Link into it. Congrats that might have been the smartest decision you ever made.

>>55628580
kek

>>55626850
You will battle the black marines to death. After which the victor shall be put through a series or torturous challenges whilst we watch from aboard the boat. The handful of surviving betrayers will then be put on a tropical island where they must survive 3 winters and 3 summers AND produce a mulatto baby with the indigenous locals. From there the mulatto will be taken for experiments in our Antarctic base. IF it passes a 3rd grade spelling test by the age of 18, you may board the sister ship.

>>55628585
wow. big if true. got any sauce for that?

>>55628585
>tfw whitelisted addy was generated from Ledger

Anyone else in the same boat? Im thinkin the smart thing to do is get them into a fresh secure wallet as soon as staking unlocks.

>>55628639
>Move tokens from your whitelisted wallet to one with no access
Yes anon sounds smart

>>55628639
>he fell for ledger FUD

>>55628719
Is the whole concept of a "whitelisted address" really real tho? Doesnt make sense that old wallets would have any significant advantage over new ones. As long as NOPS have your tokens, they will be able to slash regardless of wallet age and thats really the whole entire point of the whole staking dynamic. That anyone can secure the network as long as they put their money at stake, wallet history and reputation taking a secondary importance.

>>55628639
just dont use ledger live so you never update the firmware. ledger live is 100% absolutely not needed

>>55626894
I didn't stake any of my 11k link because I didn't qualify for early because I kept everything on an exchange and I didn't stake in the general because it was already full by the time I got off work.
Nothing hurts more than hearing all the insane hopium from early stakers.

One thing I never understood though is what the actual benefits of staking in the community pool is.
Also, isn't the community pool going to expand to 75m eventually?
So is there still hope to get into that and receive the same status as the ones who got in first(minus the 300 free link in the first year)?

>>55628580
>grey goose
Are you 11?

>>55628908
thats what u get for being a cex only faggot

>>55628908
Only staked 1000 because that’s all I had at the time. Still feel a knot in my throat hoping that it was all worth it.

The 22MM community pool had the big boys go in first only leaving like <10MM open spots which filled up in less than a day. When they expand it to 75MM early stakers and big boys will get first dibs and you better believe it’ll fill up. Unironically, staking via The Official Chainlink protocol may be reserved for the select few and lucky anons with certain amount of link on them before a snapshot wallet date.

>>55628874
>Is the whole concept of a "whitelisted address" really real tho?
Yes we had to meet specific requirements to stake have access to early staking. Early staking will be rolled into year two, where you can choose to unstake to continue staking. There is zero mention of opening this pool for the wider community. Perhaps, if it is expanded and not filled you will get last pickings like last time.

>>55628969
Son of a bitch
So what about future staking versions?
Is that pretty much guaranteed to be filled immediately by the big financial institutions and protocols that will be buying a lot of Link to use CCIP and other services?
Judging from the name alone, the community pool seems like the only time that CL plans to go out of their way to let individual retail holders stake their link.
Son of a bitch, why do I always fuck everything up?

>>55628908
11k and you fuck this up... anon...
you had three hours to get into community pool too
stakers in v0.1 will likely have priority to stake more first
there will be a lot of competition for the rest of the space (if any)
the other big thing will be the BUILD airdrops
there are at least 30 projects signed up so far with more every week
most will be worth not much but some look very promising
https://www.coindesk.com/business/2023/04/19/microsoft-partners-with-space-and-time-to-add-real-time-blockchain-data-for-azure-cloud/

>>55628927
nico bully feet

>>55629081
Trust me, I know I fucked up massively.
I just pray I get a second chance

>>55626894
I don't get this at all, and I've been seeing this mentioned over and over.
Is this fud against other linkies? How is version .1 of staking the end all be all of staking? What happens when version .2 comes out, no one else gets to stake? Ever? I don't get it

>>55629187
>What happens when version .2 comes out, no one else gets to stake? Ever?
No. Those spots are reserved for the v .1 stakers as well as other select partners.

>>55628580
>Grey goose
Lmao 2011 called they want their drink back

>>55627881
There's a small chance that the OG staking.chain.link contract will somehow get rolled into a public staking platform to lend LINK to nodes.
There's a greater chance that staking.chain.link will someday end and the node LINK lending platform is delegated to a currently functioning solution.

>>55629187
Yes its just fud. But more acurately, its a coping mechanism made up by baggies to relieve their fear that they made a poor choice when they locked up their tokens for God knows how long. They have convinced themselves that they are the chosen ones because they have locked up less than 1% of the total supply, even though the whitepaper clearly states there is no limit to how many tokens can be staked at once. And why would there be? There is no logical reason to prevent any willing stakers from securing the network further than it currently is.

>>55629264
no stakey wakey copey wopey

>>55629277
Re-read the thread. I am staked but am under no delusion that v0.1 was the first and only chance for retail staking.

>>55629305
You can trade up to 3800 LINK for 3720 LINK that's staked on SDL before you hit the slippage limit. It has greater APR than staking.chain.link staked LINK because it's node collateral.

Just a $1 pump?

>>55628613
i don't have a source but i have multiple wallets max staked and that was my understanding as well. you didn't get your specific quantity of link onto the staking white list, you got that specific wallet onto the staking white list.

>>55629264
The way I thought it was going to work in the future would be, you pick a node and you stake your link with that node, that's it. You get rewarded for having your link staked in that node.

But right now, you're basically staking with the actual Chainlink Labs, not a node, just a smart contract, that will reward you in a year. I honestly not even sure if the staked link serves any purpose right now.

>>55629406

>>55629187
>>55626968
The v0.1 stakers just trying to demoralise other people that didn't stake yet.
Staking will eventually open up to more wallets. It may not happen in v0.2 but it will definitely happen. I don't know why anyone thinks/thought that staking will forever be limited to the v0.1 stakers. Chainlink Labs has expressly made clear that they want staking to be decentralized, that's why they put in place those measures for v0.1 to limit how much whales could stake. If they keep it to the v0.1 wallets it's not going to be that decentralized.

Or maybe the v0.1 stakers think they're going to be the only ones to EVER get the BUILD rewards? That's fake news too, but in this case it's just my opinion. I agree that the v0.1 stakers will probably be the only ones to receive the first batch of BUILD rewards (the ones from the current BUILD members), but future BUILD members will have their rewards distributed to future stakers.

>>55629406
stake.link
It's a Chainlink team partner that addresses that exact idea.
Unless NEET nodes become a thing for full decentralization someday, no node is going to take your LINK and just give you all the rewards. A platform to delegate the rewards in loaned collateral situations makes sense.

>>55629406
>>55629662
Also, the nodes cut on LINK you loan to them on stake.link is smaller than the increased reward rate that node staked LINK gets over community contract staked LINK.
I'm getting 5.3% on my staked LINK, thanks nodes.

>>55629406
this is worth a read:
https://blog.chain.link/chainlink-staking-launch-details/
>Auto-Delegation
In v0.1, staked LINK from node operators serves as a direct quantifiable commitment to their performance, while community stake adds an additional layer of incentivization to the honest and reliable performance of node operators. All Node Operator Stakers in v0.1 will earn a small percentage of the Community Stakers’ staking rewards—referred to as delegation rewards—given that node operators are providing a service on behalf of Community Stakers (i.e. performing oracle computation for the Data Feed).

>The design is similar to existing stake-based delegation designs as the rewards derived from community stake are used to further increase network security through the economic alignment of node operators. Community Stakers in v0.1 will see their stake automatically delegated to Node Operator Stakers, without node operators taking control of community stake. This mechanism is referred to as “Auto-Delegation”.

>Community Stakers will start out having their staked LINK automatically delegated equally across all actively staking node operators in order to validate the Auto-Delegation design during the initial v0.1 beta phase, allowing node operators to start from an equal position before a more advanced reputation system planned for a future Staking release is implemented. Auto-Delegation fuels a dynamic where the greater the amount of community stake in the v0.1 pool, the greater the incentives for node operators to perform reliably, given that the delegation rewards paid out to node operators are higher.

>In a future Staking release, Auto-Delegation may evolve into a dynamic mechanism, a design where community stake is automatically delegated across actively staking node operators in variable amounts based on reputation metrics, such as historical performance, length of time LINK is staked, and amount staked.

>>55626821
You might be a future millionaire but you'll always be known as that loser that held chainshit

>>55629257
>>55629322
>>55629662
>>55629681
>It's a Chainlink team partner
Linkpool fags are shilling this scam without actually naming it kek get fucked faggot no one is falling for this shit

>>55629187
All the answers you've been given are bs and intended as demoralising fud. The truth is none of us know exactly what the plan is. I have 9 wallets staked but I in no way wish any ill will on anyone who didn't manage to or was fudded out of it. I want us all to make it except those who relentlessly fud. I hope to hell they lose their stacks somehow as they deserve to.
Just keep buying when you can and it'll all come good in the end.

>>55629662
>Just swap your Links for these fake Links for a while and we'll pay you back with interest, honest.
Kek these clowns must think we have 2s attention spans

If you didn't stake in v0.1, you missed the chance and are going to make it a lot later, if at all. Early stakers will get all the rewards and gratitude from Sergey

Stakers get a nice airdrop from project partners. I will use proceeds from the airdrop to ensure my neighborhood remains nigger-free and plan to keep it that way.

>>55629187
I think the real thing is we know the pool won't be infinite and we know people who staked early will get spots in future staking.

So it's definitely possible others can get in the pool. It's also possible there is really limited space. It's also possible that existing stakers take up the ENTIRETY of the next community pool - keep in mind some of them have hundreds of thousands or millions of LINK.

If BUILD drops start becoming real and yielding high overall APY for stakers, or staking % goes up, or LINK price goes up, I think everyone currently in community pool will all in the next version unless the lockup period is too long.

So it's less about that you guaranteed won't get in and more that we guaranteed will and whether or not you get in is questionable.

I don't ever shit on people who didn't stake, I don't get why people do that. It's perfectly sound to not risk precious linkies on basically test version staking. Hope you guys can get in, good luck.

>>55630430
yOu nEeD tO bUy LpL tO sTAke LInk

>>55630828
>It's perfectly sound to not risk precious linkies on basically test version staking.
look we like to give the team shit but anyone who actually follows the project knows that the team is extremely cautious and security conscious
the team's staking was always what we were waiting for

>>55630828
>Hope you guys can get in, good luck.
i hope they don't get in and the early stakers keep the rewards to themselves. it's only fair, they took the greater risk

>>55630493
If you're too scared to use smart contracts why are you in this space?
Companies defined by sustainable smart contracts that aren't Chainlink Labs are going to be a thing.

>>55630836
When staking.chain.link goes bye bye I'm gonna have a laugh.
Chainlink can only give you guys 4.75% for doing literally nothing for the network for so long and only have so much LINK earmarked out for it. The real node network is going to take over earning returns someday.

>>55630836
I'm not interested in staking LINK. I'd rather stake ORE.

>>55631887
you will never be a real identity solution

>>55632452
yeah but everest sucks too

>>55626821
>if x company wanted to use google services wouldn't it make sense to buy google stock?
no, unless speculation was within their field of operations
these companies will be just using/integrating yet another service, it is not their job to gamble on which one may also pump in the future

>>55630854
Sure but this is crypto, all it takes is one error in one line of code somewhere to suddenly have everything disappear.

I took the risk, and I’m guessing you did, but can you REALLY fault someone for not? Peoples money disappears all the time here.

>>55632543
if the official Chainlink staking pool rugged, LINK would rug as well, you would be fucked either way. gotta risk it for the biscuit

>>55632561
exactly
looking at it this way, staking with chainlink is zero risk

>>55632467
ok linklet

>>55630546
Thats great. How much have they sent you thus far? I imagine a bunch given how long youve been staked

I'll get in when they expand the community pool :)

>>55633586
that's the plan friend!

>>55628927

The thing I don't understand about community staking is that your stake is supposed to be collateral for a piece of information that you're vouching for. But community stakers aren't supplying any information, so why are they involved at all?

>>55633586
good luck getting in :}

>>55634840
we are providing the collateral to ALL the eth price feeds, mr. know-it-all

>>55633586
Never happening :)

>>55631504
There were plenty of people like myself who were willing to take the risk of staking early, but weren't able to do it in time.
A normal guy like me who managed to accumulate over 10k link early with wages from a normal job has taken just as big of a risk by investing in link as anyone else.
There are roughly 3000 people who have more than 10k link, and not even a 1000 people were able to stake 7k.
We're the ones who made it possible for the team to have enough runway to work on the protocol for this long without having to go to VCs, so I would hope that they allow everyone who wants to be a part of the community pool more than 3 hours to put their hard earned tokens in.

>>55635337
hmm your pitiable tale has softened my stone heart. perhaps fate will smile upon thee, fellow link marine, and giveth thee one more chance.

>>55635337
Haha pools closed fag, get fucked. I have less than half the amount of Link you do but I will end up making it sooner.

>>55635404
Holy COPE

>>55635616
he's right though :-/
ever heard of... you know... BUILD?
i intend to make 500k USD from BUILD airdrops alone

There will be a pool expansion , early stakers will get priority .

>>55632517
pay all future cross messages in chainlink tokens , link has 18 decimals , the more link you have and the higher the price is the more fuel you have to pay your cross messages? So why would they not pump the shit out of it once they have accumulated enough?

>>55635643
not just early stakers
also institutions, insiders, etc.
v0.1 was the ONLY time they were planning to be nice to us little folk

>>55626821
Men can be women

>>55635779
idk where this meme comes from. 50m spots are not all going to insiders and institutions

v0.1 took a while to fill, especially day 1

>>55635779
>be subservient early marinesthhh so the beatings wont be as bad

Lmao look at this cuckold. Do you ever look back at your life and wonder how you willingly forced stockholm upon yourselves. You give POWs a bad name