Mining reward theorycraft

[Anonymous No.13229602]

350,000,000 LINK set aside for mining rewards

If they want to release this over ten years, it'll be

35,000,000 LINK released per year

That means in the first year after main net, your link stack will be inflated by about 10%, assuming none of the 300M LINK set aside for development is touched.

How fast do you all think it would make sense to release the mining incentive?

10 years seems like a long time but would probably be devastating to the token price. Can you imagine any asset you hold inflating by 10% a year, minimum?

Seriously hoping the incentive funds will not take less than 20 years to disburse.

[Anonymous No.13229638]

>>13229602
>Link goes to node operators who won't sell
>Link node operators want more Link in their node
>Link node operators know Link will increase in the future
>Link node operators have no incentive to dump

[Anonymous No.13229641]

>>13229602
Just keep buying bro

[Anonymous No.13229677]

>>13229638
Node operators have to pay bills
Have to pay AWS
Have to pay data subscription fees for non-public data
Maybe have to pay mining pool (eg linkpool) fees

[Anonymous No.13229719]

amazon will just take a percentage of link jobs

[Anonymous No.13229804]

When is this shitcoin going to moon I'm tired of giving my wealth to an obese Russian/Ukrainian philosopher, whatever he is.