/biz/ - Business & Finance

Cheers linkies, we won

>>59137998
We will get to a point where fuddies won't be able to deny the token's neededness and they will pivot to blockchain or financial services in general not being needed. They will adapt to their new environment and will not relent.

token not needed

That's cool and all, except no one uses CCIP so the fees are worthless might as well use any token.
Price feeds on the other hand? Yeah, exactly.
Token not needed after all.

What happens when there's not enough Uniswap liquidity to meet the demand for the PAL?

>>59138046
token price moons as the fees of ccip are based on a flat usd rate and link is divisible by 18 decimals

>>59138046
The price will go up until someone is enticed to provide such liquidity :^)

>>59138075
I will provide 1 LINK liquidity in 2030. Final offer.

>>59137998
>>59138046
token not needed

Discord fudders making the rounds today huh?

What if I said...

POOL IS CLOSED

>>59138038
>>59138039
>>59138082
You guys really did lose your link to a scam pool or sold for a rug pull didn’t you? That’s why you treat fudding like it’s your vocational calling, yeah?

>>59138099
You will never know what it feels like finding Link so early, only to lose 50% of your stack on Bancor. I need to get my stack back.

so its gonna pump?

>>59138299

>>59138299
Do tell anon. How was it? Not twisting the knife, unless you're making up stuff.

I remember arguing with someone here that was hell bent on sending his 5k links to bancor to "earn yield", I said something like "trust the jews at your own peril, once you sign away your linkies you may never get them back". Guess what? Im an antisemite with his LINK stack intact.

Fucking send it

>>59138299
count yourself lucky you were smart enough to find link, however you weren’t smart enough to keep it all.

>>59138338
I tried to get into the Bancor pool but I was being lazy about it since I wasn't too keen on liquidity providing and dealing with impermanent loss (I didn't know much about Bancor beyond them getting Chainlink advocates to vouch for them). So when I finally looked to get in the pool, pool was closed.

Was a blessing in disguise. Saved my probably 2K link (I think I was only ready to play around with 5K link at most with DeFi).

1k EOY 2025

This is blackmail!

>>59138029
fuddies will shut up when we have price action

>>59138338
Sir you have an incoming call.

>>59138046
already in the github, they already thought about this and have backup DEX's in place. uniswap is just the default one

>>59137998
price

>>59137998
and for once they already released the pal beforehand so we can see its all real and ready to go
thi is extremely bullish, would cll finally paid attention to everything we have been telling them about IR for more then 2 years now

>>59138338
damn I wish I saw your post.
I saw the bancor "high yield" posts and stuffed 100 into there, I think I only got 1 or 10 out.

>>59140483
>I saw the bancor "high yield" posts and stuffed 100 into there, I think I only got 1 or 10 out.

10% at max? Holy shit. How many linkies did people lose from that protocol? I thought it was like half.

>>59141831
That's funny because the v2 bancor pool was fine but the v3 is what really fucked people up with them rugging their IL protection scheme
Being an antisemite in all money matters means you should do well

>>59137998
hello, i'm new to crypto. how many LINK tokens do i have to buy? i want to buy my cat a new toy but am broke.

Just in case anyone was curious, this billing system is not just for CCIP but will be unified along all chainlink products once the payment abstraction layer is finalized.

>Explanation from the data streams team talking about the conversion to LINK at 12:30 mark
https://www.youtube.com/watch?v=okMyrd4PYhg

>>59141902
Wait, does this means that every Chainlink service will have the payment abstraction layer implemented? I haven't watched yet
Price feeds
Data streams (arent this the same/replacement to above?)
Functions
VRF
CRE
CCIP

Is it time to... dare I say it...

P A Y. U P.

??

>>59137998
chart
money
price

>>59141953
no, price feeds and data streams are 2 different products. price feeds, is just that. data streams on the other hand can include things like the liquidity of a certain asset, and also has a risk management network to determine if the quality of the asset (other than the price) has changed. basically data streams is what a tokenized rwa like real estate would use to determine if new construction was done etc.

yes they will all need to pay up lol. UNIFIED BILLING SYSTEM. UNIFIED GOLDEN RECORD. we won.

>>59141982
Just because they are different services doesn’t mean payment abstraction via CCIP 1.6 won’t be implemented into the payment mechanisms for those services.

remember that guy who would brag about having his entire 50k link stack on bancor i wonder what happened to him

>>59137998
>immediately -12%

>>59142135

>>59142135
That’s me. I spent it all thai ladymen. Feels good.

>>59142125
price feeds are already subsidized and essentially made free for the rest of the industry to bootstrap and grow the industry and secure Chainlink's spot in protocols' tech stack. The bigger markets need far more than Pricefeeds. Onchain finance isn't going to bother with pricefeeds and will go for data streams since it's way faster.