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15925591 No.15925591 [Reply] [Original]

what will happen to LP when Staking is announced?

>> No.15925617
File: 497 KB, 633x724, steaking.png [View same] [iqdb] [saucenao] [google]
15925617

>>15925591
When steaking is announced, there will be many pools, which means that people who bought LP shares probably wasted their money.

>> No.15925621

brief bull market until it drops
afterwards, it bleeds out after people realize that the rewards are miniscule due to non-existent adoption.

>> No.15925732

>>15925591
MOGGED by SDL

>> No.15925765

>>15925617
Most pools will use Linkpool trustless contracts (thus giving a fee to linkpool), a first-come first-serve approach with staking limits or a legacy token to determine who will be able to stake like linkpool shares.

So good luck being either the fastest guy getting in or paying a third class pool in order to get in

>> No.15925778 [DELETED] 

>>15925591
>>15925617
>>15925732
>>15925765
Its already here
https://chianlink.org/staking/
just transfer for staking rewards

>> No.15925779

>>15925732
SDL is great and has some great partners in Australia, but they already acknowledged the staking limits problem. They confirmed they were looking into a solution similar to linkpool, creating their own token

>> No.15925783

>>15925778
Lol, you’re the tripfag behind this scam?

>> No.15925788

>>15925778
delete this you forgot to take off your trip

>> No.15925790

>>15925591
What if Google runs a Chainlink node and it offers every type of data feed imaginable and it becomes the biggest Link node in the world? Link will still be very valuable, but you won't be able to make much by steaking because nobody will want to use your node. I'm still all-in on Chainlink

>> No.15925795

>>15925779
No they didn't, they said they will never require a token to stake. STFU MOGGED LINKPOOLLET ENJOY STAKING 5 LINKS WITH YOUR 59 LP SHARES

>> No.15925802

>>15925765
I think that all the corporations, exchanges, and banks with data to monetize will run their own LINK nodes

>> No.15925819

>>15925778
> hrm, I am a priced out newfag and posting garbage tier fud in every thread doesnt work because im too stupid to understand that getting people to sell on biz wont change the price
> oh i know! i'll try and run a scam instead
i guess it's only downhill from here
you'll definitely be one of the guys who posts pictures of sharpies in his ass for linkies later on down the line
KEK

>> No.15925824

>>15925790
It wouldnt be decentralized, thats the whole point of link.

>> No.15925826

>>15925732
What's SDL? Another pooling service? How trustworthy are they?

>> No.15925914

>>15925795
Their admin in the old discord:
>"We are actively looking into restrictions in the US at the moment. In regards to a waiting list, this is something we hope to not have to use. At this point we are basing demand off community engagement and the testnet app usage - if we feel the demand exceeds what our platform will be able to handle, then we will investigate our options further."
Tldr: the demand is going to be huge, there will be a waiting list

>> No.15925959

>>15925824
I think people care more about accurate information than decentralization and the nodes with the best reputation for providing accurate information will accumulate the most jobs.

>> No.15926036

>>15925790
all major companies will probably sell their API data

>> No.15926067

>>15926036
If they can make more money by running a LINK node they will probably do that.

>> No.15926436

>>15925959
Then it's waaaay cheaper to use a database and your own oracle

>> No.15926525
File: 259 KB, 650x400, 1563286777279.jpg [View same] [iqdb] [saucenao] [google]
15926525

Client:
>What is the price of Eth/Btc ?
ChainLink Scum:
>DeSHantRaLizAShooN aND pAy Us A fEE !
Client:
>Ok, I'll just check Binance or CMC

>> No.15926559

>>15926525
Binance and CMC will simply run their own nodes.

>> No.15926861

>>15926525
Good luck manually input in a secure, reliable and tamper-proof manner your data into your smartcontract nigger

>> No.15927015

>>15925621
this

>> No.15927097
File: 6 KB, 234x240, 9ff1cbc7.jpg [View same] [iqdb] [saucenao] [google]
15927097

>>15925591
When steaking announced?

>> No.15927874

>>15925617
>steaking

>> No.15928128

>>15925778
Also, Dude, Chianlink is not the preferred nomenclature...

>> No.15928218

>>15925778
So fucked up

>> No.15928839

>>15925790
Then there are natural incentives for others to enter the market and make money doing the same shit. You braindead NPCs who are so used to the government ‘helping’ with everyone just can’t wrap your head around something where the government is completely irrelevant. Smart contracts ultimately represent the death of government leeches.

>> No.15928873

>>15925959
I agree

>> No.15928895

>>15925914
Wow a waiting list sounds much worse than paying 55eth to allow me to stake 6 link. Fuck signing up on a list for free. Thanks for looking out for my financial well being, just bought 100k linkpool.

>> No.15928899

the more you think about this
the more you understand that chainlink is not needed and that its trying to solve non existent problem