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14906659 No.14906659 [Reply] [Original]

Priced out edition.
>Linkpool shares are way too expensive, no way I'm paying this much JUST to stake some Link.
I'm hearing this over and over again, so I wanted to give an explanation why LP are traded at almost 50 ETH per share right now.

There are only 4000 shares in total and every penny Linkpool earns from all income sources get distributed among all shareholders. The income sources are as follows:
1. Effortless and trustless staking, where Linkpool takes a 25% cut of the rewards for doing all the work and gives the stakers 75%.
2. Node as a Service (NaaS): You pay a fix USD fee to use the Linkpool infrastructure for your node, but you get to decide which data to offer and you keep all of the profits.
https://medium.com/linkpool/announcing-node-as-a-service-2034ee42d2d9
3. Chainlink Marketplace, designed service for finding Chainlink nodes, adaptors, jobs and data sources.
https://medium.com/linkpool/announcing-the-first-chainlink-marketplace-a0dbfd5d13e3

The staking priority you get as a LP shareholder is just the cherry on top. In a few years one LP will earn enough passive income to sustain a humble neet life.
Even at 48 ETH per share Linkpool is currently valued at only ~1.7% of Chainlink's total market cap. Is that too expensive for the largest and most trusted staking pool? Nope, I don't think so.

https://staking.linkpool.io/dex

>> No.14906696

>>14906659
Bump

>> No.14906744
File: 1.25 MB, 1377x5000, Linkpool.png [View same] [iqdb] [saucenao] [google]
14906744

>>14906696
cheers anon

>> No.14907277

Another good point:
Buying the minimum stake which is 0.04LP is the equivalent of buying 10,000 LINK in the sense of your share of the total supply. It's still quite cheap, it's just weird to see these high prices for one share but that's because only so few exist. If there were 1 billion shares like with chainlink, 0.04 LP would be a 10,000 LINK stack, the make it stack. It's not a coincidence, Johnny is telling you that one minimum share of 0.04 is enough to make it.

>> No.14907385

Can i stake link yet

Will market buy 3 LP if so

>> No.14907388

>>14907277
I got .04 right around the time the dex opened up. $60. Turns out I'll be able to stake about 8 link when staking opens up. I get .013ish link per payout.
But this is a long game, so I'm happy I did it

>> No.14907433

>>14907388
Same, my only regret is not getting more LP when it was cheap I could have easily got a whole one. 0.04 is just suicide stack I can't see how it's enough to really get anything

>> No.14907464
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14907464

>>14906744
Right back at ya, I’ve done my due diligence and bought at ico as one of the original 186
I hope other anons see this and make the right decision

>> No.14907480

>>14907385
No, reputation isn't live yet. By the time staking goes live you'll be priced out of buying 3 whole LP though.
>>14907277
Truthpilled and based

>> No.14907494

So just to be clear, americans are buying these at their own risk?

>> No.14907495

>>14906659
are you the guy that has 5+ LP getting 40 LINKs in the past 3 distros and shill your bag here?

>> No.14907508
File: 65 KB, 1535x393, LinkPool Hopium.png [View same] [iqdb] [saucenao] [google]
14907508

>>14907494
Correct.
>>14907495
Nope, I wish I had that much LP.

>> No.14907538
File: 42 KB, 500x461, i_hug_that_feel[1].png [View same] [iqdb] [saucenao] [google]
14907538

>>14907508
>Nope, I wish I had that much LP.
me too anon

>> No.14907605
File: 19 KB, 499x382, 1490749284926.jpg [View same] [iqdb] [saucenao] [google]
14907605

>>14907464
Based
>>14907388
>>14907433
There is still time anons!

>> No.14907969

I'm understanding why LP is a stair to the heaven. But I'm questioning if it's wise to get rid of all my shitcoins to buy as much of LP I can?

>> No.14907991

>>14907494
It's against the rules for burgers. You dont want to break the rules do you?

>> No.14908017

>>14907969
>if it's wise to get rid of all my shitcoins to buy as much of LP I can?
Short answer - yes.
>>14907991
Imagine letting Donald Trump tell you how you're allowed to spend your money.

>> No.14908064

>>14907464
tfw when bottom 33

>> No.14908096

>>14908017
People that break the rules are a menance to society. Stop leading people down the bad path.

>> No.14908134

>>14907277
I thought we've already discussed this exact point, mulled over the numbers, and came to the conclusion that 10k LINK/1 LP was ideal so you can stake all of it

>> No.14908154
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14908154

>>14908096
"People" who enforce arbitrary rules about how sovereign people are allowed to spend their money are the bigger menace to society. The new paradigm has already started.

>> No.14908189

Im a burger with 1.4 shares. Ama

>> No.14908196

>>14908189
Are you still accumulating?

>> No.14908209

>>14908154
OMG is that a real gun! Help!

>> No.14908217

>>14908196
No, I bought in during the ICO. It cost me $400 (1 eth) for 1.4

Im happy with my stack, although it would be nice to have more

>> No.14908240

>>14907464
Hi there fellow 186er
it feels good to actually catch something at ICO. eth sure did cost alot then, Would have gotten more than 2 LPs
well, anyways, CHEERS!

>> No.14908506

>>14907433
Yeah I know. I thought long and hard before I sold the link to buy the LP. Now I wish I had gotten more. Buuut if LP really takes off it could be some money, but if that happens I'll be link rich so I won't care so much

>> No.14908569
File: 48 KB, 720x416, uh oh.jpg [View same] [iqdb] [saucenao] [google]
14908569

>>14906659
Anon, I...

>> No.14908603

>>14908569
What's so controversial about that?

>> No.14909074

Im so excited bros, passive income will soon be here.

>> No.14909384

>>14906659
Linkpool will likely also become an ETH staking platform, where LP takes a cut for doing all the work and distributing the revenue to LP holders of course.
Also their DEX is pretty cool and user friendly. They will probably add more pairs for ETH/Link/DAI/LP in the future and the fees could also go towards shareholders.

Jonny is working day and night to give the LP shares as much value as possible. Honestly I feel that LP is rather undervalued at only ~1.7% of Chainlink's total market cap.

>> No.14909428

>>14908569
thanks just sold 100k

>> No.14909473

This is gonna be worth pennies once link is done dumping

>> No.14909504

>>14909473
low energy FUD
>>14909384
>ETH staking
Hmm, this is probably true and not something I had considered. Being an LP holder is so comfy.

>> No.14909526

>>14909504
What fud lmao? Just look at the link chart for yourself... constant downtrend since it hit $4

>> No.14909533
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14909533

>> No.14909560

>>14909526
>up 1000% in a year
>go down 50%
>still up 500% in a year
>it's going to zero!!!!!!!
Either you're genuinely mentally handicapped, or just weak FUD

>> No.14909592

>>14909560
I can tell you haven't been in this market very long. It's littered with shitcoins that went up %1000 and gone back to 0

>> No.14909624
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14909624

>>14909592
Longer than you. Shitcoins don't go up 1000% and climb 100 CMC ranks in a bear market.

>> No.14909645

>>14909533
And? How many people have 1 million to lock into coinbase for staking?

>> No.14909697

>>14909624
Except it didn't happen during a bear market, LINK went up as BTC recovered (and it's gonna go back down as BTC dumps once again in the next weeks)

>> No.14909712

>>14909645
thats my point.

>> No.14909753
File: 92 KB, 1332x901, Historical Snapshot - July 22, 2018.png [View same] [iqdb] [saucenao] [google]
14909753

>>14909697
Except you're wrong.
https://coinmarketcap.com/historical/20180722/

>> No.14909957
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14909957

I got FUCKING HIGH the other night and bought one of these things did I go good guise

>> No.14910040
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14910040

pls help the brainlet

how many LP i need to stake like 100-1000 links? i didnt found the spot where to buy LP from the linkpool

and second question sdfhsfh when does the staking go live?

>> No.14910111

>>14909957
Based
>>14910040
>how many LP i need to stake like 100-1000 links?
When staking goes live 1 LP will be able to stake about 200 linkies, 6-12 months out 1 LP can stake 10,000 linkies.
>>14910040
>when does the staking go live?
when the ChainLink team releases reputation

>> No.14910143

>>14907277
Hum... yeah, except they’re only going to corner 10% of the link market. So it’s actually more like 1k link.

>> No.14910154
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14910154

>>14908064
Fuk yeh bottom 33

>> No.14910173

>>14910143
1b x .10 = 100,000,000
100,000,000 / 4000 LP shares = 25,000 link per LP
someone correct me if my math is wrong

>> No.14910186

>>14910173
25,000 times 0.04 = 1000 linkies btw

>> No.14910205

>>14906659
What's the minimum amount of LP required to stake?

>> No.14910239

>>14910205
As the network matures, non-LP holders will be able to stake as well. LP holders receive priority staking and revenue sharing. If you want to stake, buy at least 0.04 LP as a suicide stack.

>> No.14910308 [DELETED] 
File: 294 KB, 1365x2048, LP Ranks.jpg [View same] [iqdb] [saucenao] [google]
14910308

>>14910239
As the original OP of the LinkPool General threads I salute you and thank you for taking over

t. Major General

>> No.14910336
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14910336

>>14910308
I'm just following in the footsteps of the marines who came before me. Glad to serve alongside you, brother.

>> No.14910520

>>14909384
>DEX is pretty cool and user friendly

it's shit though. Orders can't be partially filled, there's no graph, no depth.

>> No.14910566

so i cannot stake link without LP? wtf? how much is 1LP ?

>> No.14910614

>>14906659
25%...?! WTF... Where the fck did they pull this arbitrary number from? Fck Link. And I'm a link holder... I do all the work and Serge the fag rapes me of 25%!? What kind of chimp tier logic is this coming from?

>> No.14910627

>>14910566
You'll be able to stake link without LP after initial launch but it won't be worth it since there will be other pools with much better returns for those who don't hold any LP like Coinbase and Binance

>> No.14910637

>>14910614
That's not sergey that's (((johnny)))
There will be other staking services that don't take a jewish 25% cut

>> No.14910696

spoonfeed a retard as todays good deed, if I hold a meager 7k LINK does it make any sense to sell 2k and buy LP or no

>> No.14910776

>>14910696
If you want to stake, yes.