Uh SDLsisters?

[Anonymous No.52788153]

Does this mean the SDL pool has earned 37000 link in less than 48 hours?

[Anonymous No.52788180]

>>52788153
no, it means that thsi "liquid staking" is not very liquid. the liquidity is 37500 LINK and if a node or some whale checks out, or god forbid something goes wrong and everybody wants out, it ain't so liquid no more.

[Anonymous No.52788222]

I heard sdl dumps your link on the open market as soon as you stake then pays you an apy% from the sales proceeds

[Anonymous No.52788306]

>>52788222
cut my linkpool into pieces
this is my last rugpull
suffocation
no breathing
don't give a fuck if i cut my arm bleeding

[Anonymous No.52788361]

>>52788180
>>52788222
>>52788306
Oooo
You morons sound scared

[Anonymous No.52788418]

>>52788361
scared of what exactly ?

[Anonymous No.52788954]

>>52788153
I'm actually now kinda excited (Stockholm?) after the initial linkpool debacle. After stake.link upped SDL to link stake ratio twice by 4x, now you need 3.33 SDL to stake a single link. Initial estimates for LPL were 2.5 LPL to stake 1 link. But now the price of SDL is currently $0.50 instead of the illiquid $2 (before collapse), which is good for poorfags like me who were not able to accumulate enough LPL to stake link tokens. Also the SDL pool consists of the top node operators and the total amount of SDL tokens is currently 260m (will increase for each new node participation) which is 25% of the total link supply. If all links are to be staked, and the current SDL pool remains the top one, then I think it is safe to assume that you'll be able to stake 1 link per 1 SDL token. I think that SDL is still overpriced, but when the amount of SDL needed to stake 1 link is >10% of link it will be a good buy, and then token would scale proportionally with the links price.

[Anonymous No.52789331]

>>52788954
I staked 4k LINK with my 12500 SDL I don't give a fuck anymore the fact that retards on twitter are butthurt makes me bullish ngl

[Anonymous No.52789384]

>>52788954
Don’t be a retard. You can’t stake link with sdl unless someone pulls link out. You will get like one link per year for staking 10k sdl. They opened the reserve pool for sdl and now all the OGs that haven’t sold are dumping.

[Anonymous No.52789434]

>>52789331
You are a fool if you aren’t butthurt. Your multi 6 figure investment in linkpool turned into 5k with a link or two as an annual reward. If Johnny didn’t rugpull, you should have easily been pulling in a few thousand a month next year

[Anonymous No.52789625]

>>52789434
I'm a neet and I paid 6k for my 1LP share, letting this shit ride because /biz/ is always wrong
30,000 LINK staked in total hate me if you want but this is what peak performance looks like

[Anonymous No.52789723]

>>52789625
You do realize Jonny stole our money to fund a project we will barely profit from. If we take $4 per lpl, and 1000 original LPs, then Jonny effectively ran off with 100 million.

[Anonymous No.52789851]

>>52789625
Consider the 90 link that was distributed between 260M tokens. This translates to a tiny fraction of link per token. Extrapolating for the whole year still yields a tiny fraction of a link token per sdl per year.

[Anonymous No.52790124]

>>52789851
I don't care I got to stake an extra 4k LINK thanks to my SDL and it's liquid so I can sell it whenever
Maybe I'm retarded but this is how I like to invest, retardedly

[Anonymous No.52790160]

>>52788954
I have 10k sdl and can still only stake like 229 Link wtf? I just put the rest of my link in general access

[Anonymous No.52790560]

>>52788153
It means you no longer get a cut of linkpool node revenue
You no longer get a cut of node as a service (of which you're now a diluted user, not a stakeholder)
And you (funniest of all) no longer get a guaranteed spot to stake your link.
But enjoy that 23% of 5% split 260,000,000 ways, you've earned it neet

This is the greatest forced migration rug of all time

[Anonymous No.52792003]

>>52788153
I'm late to this debacle. I migrated my lpl but cannot stake any link because its already full. The whole point was to have a guaranteed spot. Fookin ell Jonneh

[Anonymous No.52792123]

also what was the point of the snapshot the other day?

[Anonymous No.52792229]

>>52792123
you get an nft and are able to participate in a special chat lol

[Anonymous No.52792290]

>>52792123
evil

[Anonymous No.52792587]

>>52792229
fuck. they got me. The irony of these guys giving lectures on trust.

[Anonymous No.52793408]

So basically, they wanted to be LIDO without LIDO institutional money flowing in. Retards

[Anonymous No.52793427]

>>52788954
>imagine trusting your LINKS to this experimental pool

[Anonymous No.52793434]

>>52788153
Why would you trust sdl with your link? You've handed your link to a protocol run by devs who have disclaimer over a whitepaper and now a history of rugpulling by forcibly migrating their protocol onto a new contract in which the original holders now own nothing. All you've got in return is an IOU token that the devs say their protocol will give you your link back for. At any time they could disable the contract, migrate your link to some new contract, and then set terms of what they think your IOU token is worth. The dao governance is effectively a smokescreen false guarantee of protection as the protocol devs were the ones who set the distribution in the first place. If you put your link on SDL you're basically putting your link on bancor after the haircut and thinking it's a trustworthy contract.

It's just insane how they thought this could ever go well when their protocol was still effectively tied to the trustworthiness of the devs, which is now non-existent. Let alone the SDL token itself.

[Anonymous No.52793442]

>>52793408
nah they were conmen all allong, another jewish trick to take my shekels, its so easy to see that is even cringe

[Anonymous No.52793542]

I had 250 LPL. My plan was to stake 100 LINK there. I figured it was my worst case scenario, cannot stake anywhere option. That turned into 125 SDL and I was allowed to stake 3.x LINK. I did it for the lols in the end. But I fully expect them to rug me of those 3 LINK too.

[Anonymous No.52793583]

>>52789331
How did you stake that much? I have 14k SDL and all I could stake was 1300 links after they expanded the space for the first time. Am I missing something?

[Anonymous No.52793587]

>>52788954
nigga why didn't you buy Link tokens and stake with Chainlink directly? You had a whole day to see there was time for you to get in.

[Anonymous No.52793736]

>>52793542
This, I had 3200 lpl, now 1600 sdl, and got to stake a whopping 38 link on there and just put the rest in my early access staking. Kept a few hundred incase the whole staking thing is a scam, which after what lpl did I wouldn't be surprised if sergey rugs too.

[Anonymous No.52793826]

>>52788954
I mean, that's fair, the LPL:LINK ratio was the main fud talking point in the past lol

[Anonymous No.52793877]

>>52790560
>It means you no longer get a cut of linkpool node revenue
>You no longer get a cut of node as a service (of which you're now a diluted user, not a stakeholder)
>And you (funniest of all) no longer get a guaranteed spot to stake your link.
>But enjoy that 23% of 5% split 260,000,000 ways, you've earned it neet
LMAO at all the retards focusing on the 0.00005% APR of the SDL token right now. It's always been about staking LINK with a superior APR

5.13% SDL chad vs 4.75% community pool virgins

[Anonymous No.52793909]

>>52793826
Idk what that anyone is talking about or how he got that ratio though.
For me it equals about 35 SDL to stake 1 LINK.

[Anonymous No.52793920]

>>52792123
It's for the last reward distribution after the migration

>>52793434
Kek, this is Jonny's revenge for all the horse-rimming jokes

[Anonymous No.52793934]

>>52793909
That guy claiming 4k staked should only be able to stake 357 LINK. I'm calling larp unless he posts evidence.

[Anonymous No.52793939]

never migrating my LPL fuck off

[Anonymous No.52793952]

TRUTH OF TRUST
NODE REPUTATION IS IMPORTANT

[Anonymous No.52793959]

>>52793909
They have been increasing the staking amounts for SDL every time since yesterday, at the end you could stake 1 LINK for 1 SDL

[Anonymous No.52793981]

>>52793959
WHAT?! Fr?

[Anonymous No.52794010]

>>52793877
>5.13% SDL chad vs 4.75% community pool virgins
wow. i can stake a tiny bitch fraction of my stack with tiny bitch fraction more of a % than regular staking
and i can withdraw so long as there's no "bankrun" or whale withdrawin (of which there are many, see 12 nodes, CLL itself and potential others). Seriously, the SDL token is a fucking fraud, even at current price it's way overpriced with what you get. calling this a haircut is an understatement it's a fucking gutting.

[Anonymous No.52794024]

>>52793981
can't confirm, pool was already (suddenly) full but it did increase at least twice.

[Anonymous No.52794034]

>>52793877
Sir, let me make you an offer. For every std token you buy from me I'll let you stake 1 link with the apy of 6%. One std is only $1000

[Anonymous No.52794057]

>>52794010
>i can stake a tiny bitch fraction of my stack with tiny bitch fraction more of a % than regular staking
I staked 20k LINK wtf you talkin about
>and i can withdraw so long as there's no "bankrun" or whale withdrawin
Nigga you can't withdraw, it's locked for 12 months, what you can do is hold the stlink, that's it

>>52793981
affirmative

>>52794034
sorry i'm only buying lsd tokens these days

[Anonymous No.52794091]

>>52794057
Got it sir. If you ever change your mind you'll know where to find me boss

[Anonymous No.52794099]

>>52794057
>I staked 20k LINK wtf you talkin about
yeah sorry, you're right, if the pool hadn't been filled until general access anybody (non token holders) could've gotten in (it was announced on one of the three posts by the horserimmer). So I guess 1 LINK per SDL in the end is accurate.

[Anonymous No.52794111]

>>52794024
>>52794057
RRRREEEEEEEEEEEEE

[Anonymous No.52794201]

>>52793934
They increased the amount you could stake x4 at least twice before opening it up to non SDL holders

[Anonymous No.52794232]

>>52793959
>>52793981

Confirming it was at least 1 SDL/0.3 LINK at the very end this morning. I noticed and got 4 figs LINK in right as the pool was 30,000 LINK from full. My linkies are staking, liquid and cozy. All's well in the world

[Anonymous No.52794249]

Should I start buying SDL or is there no reason to buy just the token since they gutted revenue?

[Anonymous No.52794276]

>>52794249
Until more space opens or the governance goes live there is no reason to hold it

[Anonymous No.52794314]

>>52794201
>>52794232
Genuinely pissed.

[Anonymous No.52794407]

>>52793587
>He hasn't maxxed the core Link pool and his SDL pool allotment.
Remember that 10K was the og suicide stack, bare minimum.

[Anonymous No.52794440]

>>52793934
I have 12500 and also staked a bit under 5K Link
This is why : https://twitter.com/stakedotlink/status/1600817667694538753

[Anonymous No.52794593]

>>52794314
The ratio increased 4x yesterday at 2:00pm EST (with about 6hrs notice), and then another 4x today at around 7:00am EST (with about 1hr notice). They announced both on their twitter. I get why they didn't communicate any of this in advance...I mean, there's something to be said about their creating a level playing field. Everyone had about 72 hrs to figure out how these systems worked and decide on a strategy, which had to be fluid because for example they were announcing the 4x increases on their twitter with short notice, LINK/SDL is the only pair on the market (so you're really having to value it against LINK, not USD), etc. It's been an interesting few days. I feel for a lot of anons who got screwed around, though. This was an exercise in competitive critical thought.

SDL stakers get early access to LINK staking as the actual pool widens. So when V.0.2 rolls out and the total pool capacity goes from 25mm LINK to 75m LINK, if you're staking SDL you will get early access (in the same way that SDL stakers got it this time).

[Anonymous No.52794629]

>>52794593
All my SDL is staking (not much). I'm in the other side of the world, seems all this happened when I slept or was waging. It's not a big loss I got into early access too and can wait.

[Anonymous No.52794675]

Why is the price so low???

[Anonymous No.52794678]

>>52794232
can confirm the increase, 3.5k SDL, had ~83 link available to stake initially, increased to ~342 out of the blue
staked the cap, yet to see and rewards

[Anonymous No.52794733]

>>52790124
>Maybe I'm retarded but this is how I like to invest, retardedly

Damn I'd say mission accomplished kek

[Anonymous No.52794739]

>>52794629
Well there you go, you're staking and that's all that matters. Half the reason I was so focused on SDL this week was that I didn't qualify for early access, so I thought I'd have to fight to stake anywhere at all. Was pretty surprised when early access didn't fill the pool up immediately...was even more surprised that I had almost 3 hrs once general access went live to get in before it closed. Wasn't all for nothing I guess...most of my staked stack is liquid now.

>>52794678
I haven't seen rewards either. My sense is that as things unfold people are going to be surprised by how much money these nodes are making (and by extension, how much they're paying out to SDL stakers, who collect rewards in link). Time will tell.

[Anonymous No.52794788]

>>52793877
>LMAO at all the retards focusing on the 0.00005% APR of the SDL token right now. It's always been about staking LINK with a superior APR
>5.13% SDL chad vs 4.75% community pool virgins

You have to be a community advocate or paid representative. There is no way you honestly believe all of this as an investor in the project.

Its okay to admit that horse fucker hosed everyone. That doesn't mean Chainlink is a bad investment or anything bad about you as a person.

FFS I bought Lady Luck and it went to zero after they exit scammed.

I still have nice LINK bags and will eventually make it

[Anonymous No.52794825]

>>52794057
>Nigga you can't withdraw, it's locked for 12 months, what you can do is hold the stlink, that's it


I mean if its anything like stETH there will be markets for it and there will be stLINK/LINK pairs.

Does the stLINK token accrue the value like the stETH token does?

Lido is actually a really dope service. Once LINK staking matures I hope Lido gets into the market as well

[Anonymous No.52794835]

>>52793877
Dude see what is said here
>>52793434

You're giving your link to a protocol run by people who sold a derivative token for a protocol and then forcibly migrated you to another protocol and another token which is effectively worthless, all whilst their original project then continues. Whether that was intended as a scam its the exact same net result at the end of the day.

For link staking on SDL; in return for giving this protocol your link you get given a derivative token used by the protocol, and a disclaimer that says the protocol sets the conditions of what the derivative token is worth. The protocol is run by the devs who force migrated, supposedly governed by a dao, but that was in itself set up with a token distribution determined by the force migrate devs. The protocol profits the original node business of the force migration devs that they migrated you out of, as their node gets to use your link and you get to hold a derivative token. You don't see the imminent derivative token forced migration rugpull here? Seriously?

You're holding your link there at a ridiculous level of risk for a 0.5% gain over the community pool. It's bancor haircut 2.0 waiting to happen and with a rugpull as its genesis. Why anyone has their link on there is beyond me.

[Anonymous No.52795061]

>>52794201
Wait so they opened it up to non SDL holders? I have this shitty SDL token and can't stake any link just because I was busy working and not paying attention for a couple of days. Fuck they could at least reserve a spot for the lpl bag holders they just rugged. Typical crypto grifters I hope they all go to jail. I might even open a lawsuit myself. Literally every lpl promise broken. Northern scum.

[Anonymous No.52795095]

>>52795061
See
>>52794835
I honestly believe you've done yourself a favour long run there not being in the sdl link pool.

[Anonymous No.52795155]

>>52790124
Based retard

[Anonymous No.52795187]

>>52795095
Maybe you are right. My only hope is that these SDL tokens magically end up earning alot more link than expected. I was pretty satisfied with my lpl earnings ticking over nicely until now.

[Anonymous No.52795202]

>>52795187
>earning alot more link than expected
Anon I..

[Anonymous No.52795232]

this entire thread reads like advertising!

[Anonymous No.52796306]

>>52794232
I am so fucking mad, WHAT!???

I BIT MY FUCKING TONGUE IN REGARDS TO THIS SHIT MIGRATING, GAVE EM THE BENEFIT OF THE DOUBT, BUT GOD DAMN. WAY TO DOUBLE FUCK US YOU NIGGERS AHHHHH

[Anonymous No.52797939]

>>52788153
FUD campaign and organised dumping. Even with the haircut and dilution the price was much higher than LPL

Why else would the pool be closed?

[Anonymous No.52798118]

>>52794440
>We've just rebased stLINK for the first time, distributing just under 90 LINK in rewards to stakers. Ahead of general access, we've increased staking limits another 4x so reserve more space to stake LINK now!
Holy fucking shit this reads like a jeet scam. I can't believe it's real.
>Rebase
>Exclamation points
>Celebrating 90 LINK dish out between all the retards in this scam
Lol, lmao even.

[Anonymous No.52799812]

>>52794788
>I still have nice LINK bags and will eventually make it
>nice LINK bags
>will eventually make it
>nice bags
>bags
>make it
you are already coping knowing that there's at least a 50/50 chance Sergey is slowly exiting if the market doesn't recover. 25 million LINK locked up (only CLL can release) while CLL announced they'll dump 50 million on the market in the mean time.

[Anonymous No.52799931]

>>52796306
If you had properly understood the implications of what they were offering, you would have been paying much closer attention to what was going on earlier this week. I was refreshing their twitter every 10 mins after the first time they increased the ratio 4x, because the implication was obviously that they'd do it again before gen access, and there was no reason to believe there would be 6hrs notice again. Just required a bit of critical thought, but none of this was rocket science.

If you want hand-holding and consolation prizes you should go back to trad fi where everything is "safe" and "regulated" and low functioning people put up guard rails for other low functioning people at the expense of any innovation. Thanks for playing.

[Anonymous No.52800020]

>>52799931
>yees, I followed the instructions of my kidnapper
>man did it give me a dopamine rush
>I'm so proud of myself
>you should've listened to every word he (kidnapper) said and let him take more of your money hostage
this is you. this is your argument.

[Anonymous No.52801194]

>>52800020
What are you talking about? If the 15 top node operators -- who have been maintaining the Chainlink network since its most nascent stage --steal everyone's money, then the Chainlink network itself is worthless and was so all along. You understand the need for a reputation layer for Chainlink nodes, correct? How can economic activity between any parties take place absent any system of measuring historic reputation? And as the networks expands, do you really think it will be maintained solely by Chainlink labs? What then would make their network any different from, say, Visa's or Mastercard's? Or even Swift's? You're not seeing the big picture and you don't understand the principles underpinning the economic model.

CDL will operate as a kind of guild that maintains the network as it grows. It represents the largest stakeholders pooling their resources to act collectively in the best interests of the network. By paying SDL holders (i.e. node operators and those community members who best understood what was happening and what the stakes are) they incentivize behaviour from the most interested parties that benefits the whole network.

SDL rewards paid in link (i.e. distributed revenue) for the largest holders will almost certainly pay well above a comfortable salary as the network scales, and that's in addition to the yield gained from simply passively staking link with the protocol. This salary will be paid in link, which will become among the most valuable commodities/currencies on the market. I'm realizing now that in a strange way I'm essentially employed by this distributed network. My incentives are aligned with it in a way that would never be possible in a traditional corporate or governmental structure.

[Anonymous No.52801351]

>>52801194
My mistake, please read ***SDL*** for "CDL" throughout.

And obviously no one at Linkpool or SDL can talk about things in the above terms given the regulatory environment. But it's all there for anyone to see (and for anyone to own, given the current mercifully low price of SDL).

The moment these nodes pay out their first cut of revenue, the market will understand just how profitable they actually are for the first time. There is a nice parallel between what's happening now and Google's revealing their balance books during their IPO. And this is also before other major players formally announce involvement/seek admittance or partnership (note that T-Systems is currently running one of the nodes securing the ETH/USD feed, which is again there for anyone to see). I think one's ability to establish ownership over any significant portion of SDL and its revenue will vanish very quickly as things play out.

[Anonymous No.52801378]

>>52794407
Anon, with general access, you could move link into a new wallet and stake from there. Maxing the core link pool means putting all your Link into there. If you were wide awake and had internet connection, there was zero reason to have SDL at that point and not go all in on regular Link to stake.

[Anonymous No.52801448]

>>52794440
5K through stakedotlink? Why didn't you stake directly with Chainlink?

In one wallet with 7K, I currently have 2.67 Link in rewards.

[Anonymous No.52801486]

>>52801351
>The moment these nodes pay out their first cut of revenue
they don't tho
they don't pay out a cut of their revenue, they pay out a cut of the network fees

[Anonymous No.52801541]

>>52801486
kek. the retards dont get that they have to share that 90 link between 260million tokens. do that math

[Anonymous No.52801600]

>>52801194
>>52801351
By now I assume about 90% of LINK posts here to be paid for and absolutely delusional bagholders soon on the level of Xrupeetards.
NOBODY so far has made any money from LINK except for a few pricefeeds since about a year and Chainlink Labs by dumping untold amounts of LINK on the open market suppressing the price and blaming it on *muh BTC wales*

you are the paid kind of shill.

>the current mercifully low price of SDL
who do you want to provide exit liquidity for ? Linkriver ? Linkpoo ? Stinklayer ? They sit on so much free SDL, why not try to dump it like their great master Sergey Nazarov. FUCK OFF with your scam.

[Anonymous No.52801616]

>>52801600
>NOBODY so far has made any money from LINK
except speculation

[Anonymous No.52801640]

>>52801541
They are getting to be just as pathetic as xrp and bsv faggots

[Anonymous No.52801666]

>>52801194
>>52801351
go ahead do the math retard

[Anonymous No.52801997]

>>52801486
Look you fucking idiot, who do you think receives these network fees? Oh I don't know, could it be the NODES that facilitate transactions between data providers and data requestors? Wouldn't that be considered their source of...hmm, what's the word...REVENUE?

The more the nodes are used, the more fees are paid to them. With staking V0.1, the CL network has the public collateral required to collateralize the movement of much more valuable data in far greater quantities than it has so far. The fees network users pay to node operators will increase exponentially. Basic blockchain price data queries have been enough for all of these nodes to build viable businesses over the last ~4 years. What happens as the network scales?

You seem to be unable to see the economic model without the help of the kinds of corporate/business terms that no one involved can use in the regulatory environment. If it acts like non-diluting equity in a dividend-paying organization at the ground level of a completely new networked economic system, why would I need a fucking boomer on TV to call it that for me? It's all in the open -- anyone can see how the money works and identify the places in which it will start to collect.

>>52801600
I'm not even in the telegram, let alone the twitter or somehow a paid advocate. I don't need "discourse" to make investment decisions that are based on principles. And all the shares of SDL given to node ops are vesting, which is not unusual for stock options paid to employees of any company (again, terms which no one involved can use).

>NOBODY so far has made any money from LINK except for a few pricefeeds

What are you talking about? Please explain to me the means by which "a pricefeed" can act as a market participant. You don't understand how the money works here. And if that's the case, why are you investing in any of this? (you're clearly upset about losing USD valuation on something link related, or else why would you even respond to me).

[Anonymous No.52802041]

>>52801997
write the math out and if looks good i will market buy 100k SDL and i will post the transaction

[Anonymous No.52802056]

>>52801997
> Please explain to me the means by which "a pricefeed" can act as a market participant.
you don't know anything about this project and how it works do you ? hence your limitlessly retards takes. you can safely be ignored by everyone on the matter of Chainlink, Stinkpoo and stink.link.

[Anonymous No.52802120]

>>52794010
>>52794675

And why are you pricing SDL in USD? You should ask yourself why the only pair you can trade is LINK/SDL. The protocol accrues value denominated in LINK. It pays dividends in LINK. What does USD have to do with it?

[Anonymous No.52802240]

>>52802120
nobody in your quoted posts priced it in USD you lying piece of shit.
and to your second point: i have yet to meet someone that accepts LINK for food as payment.

[Anonymous No.52802354]

>>52802120
WRITE THE MATH OUT IN A POST AND IF IT SOUNDS GOOD I WILLMARKET BUY 100K SDL AND WILL POST THE ETHERSCAN TRANSACTION

[Anonymous No.52802541]

>>52802056
Please enlighten me then regarding price feeds. Data requestors (currently daaps/protocols, and soon economic participants in the greater market) pay data providers (those who own valuable data, of which price feeds are only one category) for accurate and real-time data. Nodes trustlessly guarantee the validity of the data being transacted, and all participants pay them proportionately for this crucial service without which the transaction couldn't take place. What have I not understood?

>>52802041
Sure. SDL stakers receive 20% of fees paid to the 15 largest and oldest node operators (for the services described above). 100k SDL represents 1/2,600 of that 20% cut for life. You're buying direct exposure to all the money these nodes will ever collectively generate, before 1. new nodes start to join this collective organization (and pool their revenue into it too), and 2. the Chainlink network begins to expand its service offering (to things like CCIP, etc), which these nodes will facilitate. And your 100k SDL is liquid -- do you think the market cap of this collective will stay at like 2mm USD forever? Will 0.16ish LINK always be able to buy you 1 SDL? It seems undervalued to me against Link. Granted, the variable we do not know yet is just how profitable these nodes are. That makes it difficult to discuss in terms of math beyond the above known variables.

>>52802354
Look I'm not trying to shill my bags here, just testing my understanding against those of other voices in the void. I don't care to convince anyone. There's just no where else to discuss this in a profitable way.

>>52802240
Fine, no one quoted mentioned USD. But come on now, it's implied

[Anonymous No.52802615]

>>52802541
>purposefully acting this dumb
>this much pilpul

>Look I'm not trying to shill my bags here
260 million worthless tokens and you don't want to sell yours at a good price...

Jonny, I hope you let a big dicked stallion fuck your ass to death.

[Anonymous No.52802693]

>>52802615
I'm here for a discussion, so please tell me what I've misunderstood. I genuinely want you to -- I need to know what I've missed. And why would I have bags of any kind that I felt could only be pumped by posting on this basket weaving forum? Why would I have bags of anything if I didn't think money would fill them via some value-adding process beyond hype? That'd be retarded.

[Anonymous No.52802695]

>>52802615
This dude is obviously Jonny or one of his cronies like Eric. No one could be this deluded after getting fucked in the ass so hard by a horse rimmer. I’m an original LP owner and am justifiably pissed that Jonny stole hundreds of millions from his investors.

[Anonymous No.52802729]

>>52802541
shitstain. you are being intentionally misleading. you are getting 20% of 7% write it out fully

[Anonymous No.52802733]

>>52802240

[Anonymous No.52802750]

>>52802615
oh jhonny cant sell, they are locked up for six months which's crazy because general lock ups are for a year plus

[Anonymous No.52802753]

>>52802693
>PLEEEEEAASE TELL ME HOW TO MAKE MY JOB AS PAID SHILL BETTER
no.

[Anonymous No.52802754]

>>52802695
I'm actually not at all. I don't even have a twitter or telegram and nor do I bother reading through those channels. Most of you have probably been involved in this many times longer than me. I was only introduced to this world maybe 10 months ago, and with funds available to me my bags can unfortunately only be measured in 4 digit USD terms.

Very envious of everyone who was spending time around this network 4-5 years ago when a linkie was below $1. CL is so obviously a kingmaker if you look at it in context of how all computer networks developed from the early days.

>>52802729
Where are you seeing that in their materials?

[Anonymous No.52802775]

>>52802754
>Where are you seeing that in their materials?
should i link you to the blog post like you guys do in the telegram?

[Anonymous No.52802777]

>>52802753
why would you shit up the board instead of having a discussion in good faith? What do you gain from it? I'm here to sharpen my understanding by testing it against yours. That's my profit motive, yes. I'd imagine I'd gain more from a correct understanding than I would being paid $0.1 per post as a shill.

[Anonymous No.52802787]

>>52802733
>literally for food stamps
>in a negros hand
heh.

[Anonymous No.52802795]

>>52802777
since you got trips i will post it for you give me a second

[Anonymous No.52802797]

>>52802775
Please do. SDL has exactly 2 blog posts. It should be fairly easy for you to point to where you're seeing that.

[Anonymous No.52802802]

>>52802777
you don't get paid by post Jonny. you get paid by selling nothing for something. Now if you'll excuse me I have better things to do than argue with a liar.

[Anonymous No.52802845]

>>52802802
Your lack of a real response is encouraging because it suggests I'm talking to someone who already understands this stuff, which I maybe shouldn't be so publicly explaining (though again I am 100% an outsider looking in). Enjoy your day

[Anonymous No.52802853]

>it's another thread by the "disinformation" samefag
>changes ID then acts dumb and still defend what LinkPoo did to LPL holders
reminder to not entertain this gigantic faggot

[Anonymous No.52802911]

>>52802797
7% annualized rewards x 20%

so 12500k SDL lets you stake 4k link. 4k X 20% =???
now ties that by 260mill SDL which is the rev split

[Anonymous No.52802924]

>>52802911
oh and btw new nodes that hop on board get air dropped SDL and are added to the rev split

[Anonymous No.52802939]

>>52802911
i typed this out like a dickhead someone correct me

[Anonymous No.52802994]

>>52802845
>which I maybe shouldn't be so publicly explaining (though again I am 100% an outsider looking in)
the liar playing stupid exposing himself as smart again... cya

[Anonymous No.52803012]

>>52802911
no its 12,500 x7%(all rewards) then mutliply that by the 20% split for rewards. Then multiply that by 260mill. what do you get based off of 12500 SDL?

[Anonymous No.52803021]

>>52802777
Everything important has been said and the math laid out for you, but for some reason you are too hardheaded to acknowledge it. Hence why I think you are that retard Eric. If what you say is true and you really got into the space this year, then stfu and actually listen and absorb what your elder anons and OGs are telling you

[Anonymous No.52803068]

>>52803012
Use the staked SDL amount, not the 260mil total supply.

[Anonymous No.52803076]

>>52803068
ok so its worse then lmao.

[Anonymous No.52803117]

>>52803076
No it’s slightly better. Your 0.000000005
daily reward turns into 0.000000007

[Anonymous No.52803158]

>>52802693
here go.what are your thouhts on this
>>52803117
how the fuck did the team think this was ok at any point.

[Anonymous No.52803454]

>>52803117
>>52803158
wow, at $81k per LINK that would amount to 20.7 cents per year
what a great deal, especially at these token prices.

[Anonymous No.52803563]

>>52802994
Okay anon

>>52802911
Thanks for this, and I see what you're saying now that I spend some time staring at that part. This frustratingly not clear. Let me think about this, because rewards that low don't even make sense. As in, there must be some piece of this that's been left out or is missing or that I'm not seeing, because why would node ops even bother with a system like this if there is basically zero upside? I'm giving them the benefit of the doubt because again reputation is everything for them plus CLL itself is a holder. What counterpoints are floating around/what are the node ops themselves saying? Surely there's been some response to hilarious stuff like this
>>52803454

[Anonymous No.52803605]

>>52803563
>there must be some piece of this that's been left out or is missing or that I'm not seeing
Jonny is a retarded scammer and nodes will be free to dump sdl that they got for free in 6 months

[Anonymous No.52803638]

>>52803158
>how the fuck did the team think this was ok at any point.
Breaching levels of Judaism never thought possible especially from someone so close to Sergey and chainlink. It’s suicidal and simply absurd

[Anonymous No.52803639]

>>52803605
I don't see it, Linkpool had the first mover advantage as a 3rd party node op, they designed the liquid staking protocol itself and they're clearly closely involved with Chainlink labs itself.

How did the LP to LPL migration work initially? I understand that original LP holders made off pretty well when that happened. Are there any insights there, considering the same entity has built SDL? I wasn't around for it and don't know the details.

[Anonymous No.52803672]

>>52803639
The first migration just turned 1 LP into 25000 LPL. It was non consequential other than enabling an actual market for tokens on places like uniswap.

[Anonymous No.52803711]

>>52803672
it was like a stock split. i paid 9k for my lp. Then with the migration got 25k lpl. At 2$ was 50k. Now this last migration you get 12500 SDL and the price is worthless because the token has no use. i lost 45k and rev share.

[Anonymous No.52803742]

>>52803639
It’s greed, pure and simple. He wanted to cut out the 25% that we’re getting revenue. Owning one LPs worth of LPL was something you could have retired off in a few years. Now, Jonny is banking on everyone forgetting his greed in a couple years when chainlink is a top 5 token and the chainlink network and bull run is in full swing

[Anonymous No.52803759]

>>52803711
Aye, remember when it was hitting 20 per token and you were holding half a mil and a guaranteed passive income retirement? Now it’s all tears in the rain

[Anonymous No.52803776]

>>52803759
yes im fucking pissed

[Anonymous No.52803810]

I hope someone puts a bullet in their heads next time they show their face at a conference

[Anonymous No.52803815]

>>52803672
>>52803711

Well fellas, I'm going to have to concede that the fee sharing stuff isn't adding up now that you make me look at it closer. But surely some information has been withheld. I don't buy that Chainlink labs and the 15 largest node operators all went in on something that at appears to be at best worthless and at worst a scam. That doesn't even make sense. I am now filled with fear, uncertainty and doubt concerning my investment.

Unironically though I return to a point I made earlier in the thread:

"If the 15 top node operators -- who have been maintaining the Chainlink network since its most nascent stage --steal everyone's money, then the Chainlink network itself is worthless and was so all along."

Something's not adding up, and I'm willing to wait more than 3 days from protocol launch to find out what it is. Though I do feel a bit retarded now, because 20% of 7% split however many ways was not what I'd initially understood.

[Anonymous No.52803839]

>>52803776
I was there and there’s no copium or relief coming so I am writing it and Jonny off as a total loss. The best that could happen at this point is that linkpool gets wildly profitable and the people that owned lpl at the migration sue him. And that probably extremely low odds without even considering he will probably be murdered before then

[Anonymous No.52803872]

>>52803815
>I don't buy that Chainlink labs and the 15 largest node operators all went in on something that at appears to be at best worthless and at worst a scam
It’s not worthless or a scam for the nodes, just the retail people that have sdl. I am impressed by the project but will never forgive it was built on the backs of our hundreds of millions of collective dollars and dreams

[Anonymous No.52803886]

>>52788180
So its like having diarreah and constipation at the same time.

[Anonymous No.52803917]

>>52803872
But everyone involved really engaged in all this repetitional risk and built this entire protocol just to steal my retail poorfag investment? Neat, don't spend it all in one place. Doesn't add up

[Anonymous No.52803923]

>>52803563
Man I understand it will take some time to accept but they really screwed us here. I just couldn't believe it. It doesn't matter how bullish projections you do the SDL will always be shit for retail holders.

[Anonymous No.52803928]

>>52803872
Yeah the sdl project is not a scam, although waaaay overvalued token price currently. The scam was linkpool fucking over lpl holders and their 25% revenue from the company. The lpl migration was the scam.

[Anonymous No.52803929]

>>52803815
just so you know sergey got air dropped SDL. Sdl gives voting right to the dao and you as retail will always get out voted.
>>52803839
same i will never forget or forgive. I just sold at a loss and moved into another shitcoin for the next cycle. I dont even wanna buy or hold link anymore

[Anonymous No.52803956]

>>52803917
it doesnt add up because you are trying to do mental gymnastics on why we got fucked. thats what happend. Link pool and johny did an ICO and built link pool with users money. Staking comes around and changes the deal. Thats the facts. you did the numbers. you can hold or sell but thats what happend.Eric that power shitting peice of shit was gas lighting everyone too for months on how awesome this would be too. so they know dam well what they did

[Anonymous No.52803962]

>>52803917
Jonny probably didn’t tell the other nodes in the collective or else they were willfully ignorant

[Anonymous No.52804000]

>>52803929
there will be time when we can strike back

[Anonymous No.52804040]

>>52803929
>same i will never forget or forgive. I just sold at a loss and moved into another shitcoin for the next cycle. I dont even wanna buy or hold link
I felt similar. It was a bolt of clarity bordering on paranoia and I was ready to dump my link bags. In the end, I just didn’t stake all my link and didn’t buy any more during the recent dumps. I still have sdl like a chump. Don’t let them make you forget the years of dreams and future capital improvements by completely writing off link. My insight/paranoia tells me that’s what they want you to do. Regardless and the most heart breaking, I will never look at Sergey the same way again nor hold him in that high of esteem like the old days.

[Anonymous No.52804056]

>>52804000
Aye

[Anonymous No.52804133]

>>52804040
i think everyone from 2k17 feel the same. i had three wallets and felt sick with the two year lock up and reward lock up. Then this shit happend. i belove for sure sergey had a hand in it. you can tell cause of his need to corner everey piece of the market. it opend my eyes up in the sense that link really is just another shitcoin that goes up and down. i wil lbe selling tops and buying back in like every other shitcoin cause thats how the team treats it as well/.

[Anonymous No.52804143]

>>52804040
>I will never look at Sergey the same way again nor hold him in that high of esteem like the old days.
And thats how i view it as well. He like everyone else in the world is all talk

[Anonymous No.52804297]

>>52804040
>>52804143
As an outsider who never bought linkpool, I think you guys are a little bit nuts to throw this on Sergey. The entire idea behind link is to use the power of financial incentivization to prevent bad actors, through staking. Linkpool is just simply proving why that's necessary, as greed is an unavoidable part of human pathos. I actually think all of these bad actors only strengthen why link is needed, as they're all simply acting in their best interest, and the only ones who haven't so far are chainlink themselves (they could easily be a top 3 shitcoin if they'd promote themselves like one).
Also the only retail who got massively fucked are those who bought lpl at high prices, which is really just degens on bancor, who got fucked by bancor far more. People who bought linkpool at launch, as long as it wasn't in massive amounts, still did fine and will come out with a profit, although its going to wind up that just simply buying link will have been the better play unless you managed to flip some linkpool along the way.

[Anonymous No.52804344]

>>52804297
They gave him 7.7% of sdl, he hasn’t addressed that yet.

[Anonymous No.52804347]

>>52804297
three project that sergey cosigned have rugged. sergey is the only constant bro

[Anonymous No.52804440]

>>52804347
If you actually listen to what Sergey is saying, he's basically autistically inferring that without proper financial incentivization, everyone will act in a greedy manor, its just game theory. He's never explicitly endorsed any of these companies, at best he's said "hey, look you can use these guys" because they work with his own company. But if you can't put 2 and 2 together and do the game theory math for yourself, then yeah you'll continue to get fucked. If you go not by what they say but by their actions, the only ones who haven't acted in a completely greed focused and selfish manner is chainlink themselves, and even then that's only to the extent they haven't been as bad as they could be, they still used premined tokens to fund themselves.
>>52804344
checked and again linkpool is separate from chainlink, for as much as people intertwine them, if you actually read anything on the link site they have never officially endorsed any third party staking protocol, or bancor, celsius etc. It was always those companies trying to force an association with chainlink, as they had far more to gain.

[Anonymous No.52804501]

>>52804440
stop drinking the coolaid. Sergey is not your freind. I suppose you defend two year locks with lock up on rewards also. He has done other things before that i have looked past, you do you though.

[Anonymous No.52804513]

>>52803886
basically.

[Anonymous No.52804515]

>>52804440
>checked and again linkpool is separate from chainlink
jhonny works for chainlink labs. thats a conflict of interest right there. Dont act like johny and sergey dont talk daily

[Anonymous No.52804599]

>>52804297
>>52804440
I agree with this anon. Serg cant just reject all the projects that want to co-op with his project - a project that should be linking all of the projects.. Instead of wasting time auditing each new partner he probably wants to focus on developing the system to a state where the incentives start to work out.

[Anonymous No.52804682]

>>52804440
fuck off you damage control retard. I know CLL pays you to post this bullshit. Linkpool works directly with CLL, they outsource some features to Linkpool and have been doing so since 2019.

[Anonymous No.52804741]

>>52804040
>>52804133
>>52804297
>>52804344
guys! guys! check this band out! they're called Linknot and alongside leadsinger Justjak Pinkhead they got Sergey Nazarov! Fucking crazy!

(pink)

i push my linkies into my
eeeeeeeeyees
it's the only thing
that slowly stops the ache
but it's made of all
the dumps i have to
TAAAAAAAAAAAKE
WITH SERGEY IT NEVER ENDS
HE WORKS HIS WAY
INSIIIIIIIIIIIIIDE
IF THE DUMPS GO ON
HUUUUUUUUUUERRRGH

i have screamed as the price collapsed
i've waited as staketime's elapsed
now all i do is live with so much steak
i've wished for this, i've bitched at that
i've left behind this little fact
you cannot kill what you did not create

(sergey)

i've gotta dump what i've gotta dump
and then i swear link will pump
but i can't promise you'll enjoy the price
i guess i'll save the rug for last
my dumping is an IQ-test
you're left with link 'cause you left me no choice

(pink)

I PUSH MY LINKIES INTOO MYY
EEEEEEEEYEES
IT'S THE ONLY THING
THAT SLOWLY STOPS THE
AAAAAAAACHE
IF THE DUMPS GO ON
I'M NOT GONNA MAKE IT

put link back together
or separate the shadow from fork
leave me all the linkies
then I can have sergey's pork
tell me that liquidity
is better than the stake
but i'll find out the hard way
PARTNERSHIPS WERE ALWAYS FAKE

I PUSH MY LINKIES INTOO MYY
EEEEEEEEYEES
IT'S THE ONLY THING
THAT SLOWLY STOPS THE
AAAAAAAACHE
BUT IT'S MADE OF ALL
THE DUMPS I HAVE TO
TAAAAAAAAAAAKE
WITH SERGEY IT NEVER ENDS
HE WORKS HIS WAY
INSIIIIIIIIIIIIIDE
IF HIS DUMPS GO ON
I'M NOT GONNA MAKE IT

LINKS I'VE GOT
LINKS I'VE GOT ARE WORTHLESS
LINKS I'VE GOT
LINKS I'VE GOT ARE WORTHLESS
LINKS I'VE GOT
LINKS I'VE GOT ARE WORTHLESS
LINKS I'VE GOT
LINKS I'VE GOT ARE WORTHLESS

I PUSH MY LINKIES INTOO MYYYYYYYYYYYYYYYY
EEEEEEEEYEES
IT'S THE ONLY THING
THAT SLOWLY STOPS THE
AAAAAAAACHE
BUT IT'S MADE OF ALL
THE DUMPS I HAVE TO
TAAAAAAAAAAAKE
WITH SERGEY IT NEVER ENDS
HE WORKS HIS WAY
INSIIIIIIIIIIIIIDE
IF HIS DUMPS GO ON
I'M NOT GONNA MAKE IT

[Anonymous No.52804917]

>>52804515
>>52804501
>>52804599
Yeah I'm not saying to trust Sergey, I'm saying he's telling you not to trust anyone. Make a decision on what you think the lesser evil is and invest in it if you want, or don't.
>>52804682
nigger fuck off and buy dogcoins or be a btc maxi instead of kvetching, I don't give a fuck. If you unironically believe "le bulgarians" or "le cll ambassadors" post on this shithole you may as well start invoking q anon.

[Anonymous No.52804994]

>>52803928
sdl is not a scam in the same way that linkpool was not a scam... ...until they scammed us.

Guess who the devs of SDL are anon, you'll never believe it...

[Anonymous No.52805906]

>>52788153
>23% reward fee
So when you collect your measly 4% APR, they keep 23% of that?

[Anonymous No.52805924]

>mfw LINK ATHs in 6 months and Stakies are stuck holding my bags

[Anonymous No.52806138]

One thing I haven't seen mentioned in this thread is you shouldn't be seriously talking about a project that has done an uneven airdrop and has a governance token. The decentralized governance theater should be a huge red flag. Or is there someone in here who really thinks a premined Dao is the way to govern a serious project?

[Anonymous No.52806331]

Eric here. I dont give a fuck about your problems lol brb gym

[Anonymous No.52806523]

>>52806331
Steroids work wonders for ftm transitions

[Anonymous No.52806534]

>>52806331
If I shave that beard off, will you have a chin?

[Anonymous No.52806563]

A well known link general said “Chainlink is going to tank massively in about a week due to heavy inflation of the token”

[Anonymous No.52806794]

>>52806138
Daily reminder that stocks are premined daos that get uneven splits

[Anonymous No.52806911]

>>52806563
Inflation like how?

[Anonymous No.52806965]

What's the difference between the role the sdl shitoken is playing in this set up and the role the bnt shitoken plays in bancor's?

[Anonymous No.52807918]

>>52803639
>>52803815
>>52803917

Ahh, okay I see it now. I'm back, but my ID may have changed. Let's think about the actual receipt token stLINK itself for a sec. Now that staking is live, link can be staked on mainnet. The ERC20 token itself contains the value of one link that has been staked in the stakedotlink protocol. The node operators who now stake in stakedotlink are facilitating the movement of many billions of dollars worth of value and have been for years. They are very, very profitable, and they are paid in link. Holders of the stLINK token are about to learn just how profitable. 5.5% of their profits are now going to be imbued into that token, stLINK. You want staked link. Who currently has access to that liquid token? Solely SDL holders, as these are the node operators and now members of the public.

When we see this profit reflected in the first round of rewards, whenever it’s posted, it will become clear what has happened. The actual stLINK token itself, of which there are currently only 787,000 or so, will experience a liquidity event. Remember that there has been no USD value yet assigned to stLINK on any explorers or on the platform. Imagine the arbitrage effects that will take place once these profits enter the picture. It’s suddenly a really, really valuable token. You need stSDL (and by extension SDL) to own stLINK. You need LINK to own stLINK. These two tokens will increase in value accordingly. Stakers already in the community pool will be delighted as the value of their LINK rises. But they are earning rewards in LINK. As a staker in SDL, that I am earning rewards in stLINK which is liquid. I have access to this liquidity event from day 1.

[Anonymous No.52807928]

>>52807918
SDL has said they will expand into the community pool as demand increases, which it will as more and more stLINK/LINK arbitrage opportunities open up and they can “mint” more stLINK using the community pool’s staked LINK. Could it not be that stLINK is the actual official staked link token, and this gradual release of liquid staking is what allows liquidity to flow directly into the LINK ERC20 tokens themselves?

1 SDL would then represent, in theory, a maximum of 1 opportunity to own liquid, staked Chainlink. The total number of SDL is 260,000,000, or just over a quarter of Chainlink’s 1,000,000,000 total supply. This seems to be in practice a way of guaranteeing that the largest and most profitable node operators can only ever control just over a quarter of the total LINK supply, even as staking rolls out fully. Only 260mm LINK can ever be staked in the protocol, which is owned by the node ops.

[Anonymous No.52807947]

>>52807928

In the mature network anyone can spin up a node, anyone can run a DON of their own, but the LINK securing those networks will be locked as collateral. That would also make SDL the only way to ever own liquid, staked LINK — to have access to your liquidity even as it draws value unto itself. A process backed by the most secure network to ever exist. And in a mature network where SDL (a staking position)and LINK are almost 1:1 as staking rolls out, wouldn’t there be a slight premium on SDL as a liquid asset?

The real redpill is that 1 SDL actually equals 1 LINK on a long enough horizon. That’s what’s being traded, insiders who designed the protocol understand it, and the LINK/SDL pool exists give the community a chance to get early before the prices equalize (even as LINK increases in USD value).

[Anonymous No.52807968]

>>52801448
I maxxed both.

[Anonymous No.52808006]

>>52801378
Didn't see this.
Honestly while I'm happy about the 5% of 7K directly with Link it's still locked for an unknown amount of time.
I still have a sizable unstaked stack and the SDL stack is sort of liquid.
I don't trust Sergey as much as I did before.
The SDL rugpull was another valuable lesson.

[Anonymous No.52808031]

>>52807918
>>52807928
>>52807947

And I gotta say, there's something significant about the first datafeed to be secured by stakers is the ETH/USD feed. The arbitrage on stLINK/LINK will happen in ETH terms. A truthful, universal datapoint for the entire network regarding the relationship between ETH and USD needs to be absolutely unquestionably secure for liquidity to flow into the network at scale. It's the necessary first step, which they've taken.

Real money not tied to debt -- massive liquidity -- will suddenly be present across ETH mainnet and it will flow into it via the SDL protocol and the LINK token. This is the singularity.

And I wonder if any of this is related to the phantom 80 Trillion USD the boomers keep whispering about?

[Anonymous No.52808180]

>>52808031

Finally, we should consider the liquidity buffer present in the stakedotlink LINK pool. If the value of stLINK itself rose exponentially, everything I described above would be predicated upon stLINK not hitting the market all at once. Sellers of stLINK would be almost instantly replaced, but the network would need an actual cryptographic guarantee that this core of liquidity housed in the protocol could only be released at a controlled rate.

You can see that they've thought about this and implemented the liquidity buffer dynamic. It's not there to keep you bag holding if the USD price drops, like other anons are saying. The liquidity buffer is there to make sure you stay strapped in for the duration of liftoff, at least until we hit the stratosphere. Liftoff commences when stakedotlink doles out its first round of rewards. sergeyrocketpic.jpg

[Anonymous No.52808233]

>>52807918
>When we see this profit reflected in the first round of rewards
you mean the 90 link divided by the couple hundred million tokens?
>As a staker in SDL, that I am earning rewards in stLINK which is liquid. I have access to this liquidity event from day 1
no no no no. there are only 37.5k link that are actually liquid
>The total number of SDL is 260,000,000,
SDL can be increased at will and will be definitley minted when new nodes are added
>insiders who designed the protocol understand it
insiders like you who are throwing this gibberish out in an attempt to confuse the public
>The real redpill is that 1 SDL actually equals
the real redpill is that we were all rugged and your mental gymnastics are bordering in mental psychosis

[Anonymous No.52808505]

>>52808233
>you mean the 90 link divided by the couple hundred million tokens?
It's obviously being divided between the LINK in their staking pool, which at the time of the tweet was around 200,000 link full I think and had been open for less than a day if I remember. Taken in that context it seems like it puts its 90 link received in line with what you would expect maybe 500,000 in the community pool would yield. They're being cryptic.

Oh what's that? Here's an interesting LINK transaction, in fact, the very first that the actual staking contract made. Look: 0xc98e84d3ee80abc2a451310b5f7f366f495e2bf7b83c46a12dbbe1ca9c646ef2 it receives 500,000 first, all at once, which was above the 7000 capacity. This is almost certainly the node operators, organized by linkpool, initiating the SDL protocol and staking their link all at once. Their staked link is the initial staked link; they provided the initial liquidity.

It's why LINK/SDL is the only pair...it has no liquidity against any other asset. LINK is now a real currency too because it's traded AGAINST asset that's connected to real world value (the earnings of node operators). LINK is in the process of being given actual intrinsic value. BTC = energy, ETH = ownership, LINK = data. These currencies are backed by the most basic elements of a social structure in a way that other currencies are not.

[Anonymous No.52808578]

>>52808233
>no no no no. there are only 37.5k link that are actually liquid
Yes there are 37.5k link liquid until the protocol desires to open more up. This is the liquidity buffer, the purpose of which I mentioned above.

>SDL can be increased at will and will be definitley minted when new nodes are added

Show me anywhere we see that SDL is indeed minted, i.e that there's no hardcap. I understand that new node ops get SDL given to them...but from the existing supply held in the treasury.

>insiders like you who are throwing this gibberish out in an attempt to confuse the public

There is likely a hilarious dynamic here because I'm actually an outsider who's talking to someone who's likely actually an insider. I'd love to be an insider -- please, someone invite me to the party. My job is boring and dull; I'd love to work with the network. I'm not even a fintech or comp sci person...I'm a non-specialist who can understand this stuff well enough to see the big picture in context. I see what's happening around me.

>the real redpill is that we were all rugged and your mental gymnastics are bordering in mental psychosis

The real redpill is that it's habbening. Go down your portfolio and look at which projects have usecases that need to be enabled by Chainlink services. That money is now flowing into stakers' pockets.

[Anonymous No.52808689]

>>52808578
And also think about the fact that there have been noticeable upgrades on ETH mainnet over the last few days. My transactions are happening faster and I'm paying less gas, and my hardware wallet following an ETH app update is behaving differently and in more efficient ways. The stake link operation (and any operation on the SDL protocol) only require one ETH transaction even though they are more complicated tasks. Clearly network upgrades are taking place across ETH mainnet during this process. By some means the new core of locked public liquidity in the chainlink network seems to have allowed new features to become available to mainnet

[Anonymous No.52808741]

>>52808689
And by extension we can assume there is some connection between the launch of the SDL protocol and ETH mainnet upgrades.

Perhaps this is why we see ETH appear as an asset listed in the SDL interface too. The next step is revealing the liquid ETH staking side of the SDL protocol, which captures even more liquidity for LINK stakers who are actually securing the platform itself and collecting fees. And I would trust a Chainlink based liquid ETH staking option over anything currently on the market, wouldn't you? 1 SDL stETH wouldn't be pegged to 1 ETH by arbitrage or any market process like that. It would literally be your actual claim of ownership over one ETH staking on mainnet, which claim is itself a liquid asset. This IS ETH staking.

[Anonymous No.52808951]

>>52808741
And all those who panic sold their LPL or sold their SDL after the migration will realize that they were actually much earlier than they thought...and they're missing a party with very interesting guests. Surely node operators for other sidechains running on mainnet are waiting for a liquid staking solution to arrive which would increase their functionalities or enable new features.

These node operators join SDL one by one as DAO members. Web2 and tradfi entities join as both Chainlink node operators and data providers, and they recieve SDL voting rights. But SDL holders, including early members of the public via LPL, (via LP) are the largest stakeholders in this DAO of stakeholders. They're not getting diluted and they bought it at the absolute ground floor. I would not be surprised if holding LPL at the time of the snapshot turns out to confer greater benefits than people realize down the line. They now have a way of knowing who their long term holders are. In time you may be given exclusive access to stake your like with their specific node and get a cut of NaaS as they'd promised, for example. This is still possible as the SDL protocol, which is an underlying staking protocol itself, matures to allow for selective delegation.

The significance of this will likely resound in history. This DAO of stakeholders, including some of the most significant market participants (and including Chainlink labs itself) will have stewardship over this network.

[Anonymous No.52809110]

>>52808951
And I think I should also note too that SDL as a token is actually a powerful incentive layer in the network's real-world meta, because it incentivizes new node operator participants to join the DAO so that they receive the ability to keep their own staked LINK liquid. Look at this as a basic socio-economic model: the node operators are economically incentivizing future node operators to act as a group in their own interest and in the interest of the staking protocol itself. This is real governance, because all parties have the two most basic components of a governing body: real, established reputations and big money on the line. These entities have, drumroll please, a STAKE in a healthy and scaling Chainlink network.


Anyone? Anyone? Why am I talking to myself here or have I been shadowbanned? Shouldn't someone be fudding me? What have I missed or misunderstood?

This is also me
>>52801194
>>52801351
>>52801997
>>52802541

[Anonymous No.52809250]

>>52809110
Nobodies listening, Eric
You are universally hated now. You should expect nothing but hostility for the rest of your time in crypto

[Anonymous No.52809312]

>>52809250
Seriously, can I have a job please? I spend all day thinking about this stuff and I'm very unemployed. Please help me. Surely you have ways of identifying me. The relationships between these networks seem so clear and obvious but I have no one to talk to about it.

[Anonymous No.52809322]

>>52809312
underemployed***

[Anonymous No.52810702]

>>52789331
Good luck anon. I have a small bag of LINk since their partnership with ALBT. Been considering more

[Anonymous No.52811145]

>>52808951>>52809110
>>52809312
>>52809322
>>52808689
>>52808578
>>52808505
> Linkpool shilling SDL to save themselves
Lol, lmao even

[Anonymous No.52811886]

>>52811145
What did I get wrong?

Look at what's in pic rel. At least the bottom two rungs on this ladder are already happening, and 7% or whatever of that money is about to flow into staked Chainlink. Market cap of Chainlink is what, only like 3 billion? How do you think this plays out? Again, we have no idea yet what the USD value of 1 stLINK currently is. And all of these numbers are from before the CL network scales, which staking will allow it to begin doing.

And what do you think "Web3 Infrastructure Revenue" really means? Surely a universally interoperable liquid staking solution, secured by Chainlink via SDL, would be critical infrastructure for all blockchains. Don't you see where this is going?

[Anonymous No.52812342]

>>52811886
you're deluded if you think 870 trillion can be put on chain within our lifetime, nigger. Most of these are such complicated derivatives that would crash the economy if they were transparent and visible to all and it's disingenuous for sirgay to flutter about with these figures

[Anonymous No.52812357]

>>52812342
>such complicated derivatives that would crash the economy if they were transparent and visible to all
very peculiar thing to say

[Anonymous No.52812378]

>>52812342
>nooooo, not the heckin' fake keynesian economyrinooooooo

[Anonymous No.52812394]

>>52812342
I'm not saying 870T, though given maybe a 40 or 50 year horizon it becomes imaginable that smart contracts would be facilitating that level of value transfer.

What I'm saying is that DON revenue and web3 infrastructure revenue is already significant, but none of that revenue is entering the defi ecosystem. SDL is clearly the gateway through which that liquidity will begin to flow into mainnet. Where will that liquidity begin to "pool"?

>>52812357
Agreed. I'd love to see the real data re paper ETH and paper BTC, for example. Trad fi entities holding either derivative (so basically a short position on either underlying asset against USD) better hope that zkp proof of reserve never takes off in a real way.

Wouldn't it be incredible if there was a network that was on the cusp of offering such services, which all rational market participants will naturally demand of their counterparties?

[Anonymous No.52812414]

>>52812357
>>52812378
>keynesian economy
I'm all for crashing the economy, but you'd be deluded if you think institutions and other major corporations would ever want this, hence, not in our lifetime.

[Anonymous No.52812419]

>>52812394
And my id keeps changing everytime my cell network re-connects, which is aggravating.

I am:

>>52811886
>>52807918
>>52801194

[Anonymous No.52812466]

>>52812414
They won't have a choice. The value added benefit of DON tech is too high; the technology saves entities that use it too much money in too many ways for bad actors to prevent its adoption.

It'd be like looking at the emergence of oil based energy in the 1900s and saying, "the coal producing nations and entities that benefit from coal will never let that catch on because they have too much to use". That's not how it goes with truly valuable new technologies.

Granted, one can see the implementation of these things will likely throw the financial world into chaos in the short term. What are Credit Suisse and other mismanaged boomer entities supposed to do when their obvious insolvency goes from a matter of speculation and obfuscation to a literal provable truth?

[Anonymous No.52812495]

>>52812466
too much to loose**

[Anonymous No.52812560]

>>52812466
they won't have a choice, 100 years from now. No one is going to bother switching now, especially not with the volume you guys are predicting

[Anonymous No.52812609]

SDL will be the UNI of oracles, except it's way better than what UNI is to a single dex

[Anonymous No.52812813]

>>52812560
You truly believe that as these CL services integrate with existing backend systems like SAP (which they already are), that trad fi entities won't adopt them? That entities with solid books and nothing to hide, when presented with a huge reduction in operating costs (~30% has been thrown around) and the new ability to automate most of their existing accounting departments, will just say "nah, we don't want to save that money"? comeonnow.jpg

>>52812609
This guy gets it. What UNI is for asset exchange, SDL will be for asset staking -- for both DONs and blockchain primitives. The stage is set.

[Anonymous No.52812918]

>>52807918
>>52807928
>>52807947
>>52808031
>>52808180
>>52808505
>>52808578
>>52808689
>>52808741
>>52808951
>>52809110
>>52812419
>>52812466
>>52812495
>>52812813
>Linkpool still trying to do damage control by shilling SDL