/biz/ - Business & Finance

[Anonymous No.20122698]

Is there anything comfier than holding linkpool as well as LINK?

>already earning passive income paid in LINK every 2 weeks
>invested in the largest chainlink node operator
>once staking is live you'll have access to top quality premium nodes to stake in
>will get extra passive income once they launch additional services like ethereum staking and NaaS

What excuse do you have?

>inb4 muh "it's too expensive"

Total supply is only 4000. The absolute price is irrelevant.

[Anonymous No.20122750]

How to buy

[Anonymous No.20122774]

>>20122750
with just two clicks dear

[Anonymous No.20122805]

>>20122698
lol not buying your bags. why are you making this thread everyday?

[Anonymous No.20122829]

Nah. I'll spend my paycheck on more link and just stake for free on other services. Not buying your overpriced bags.

[Anonymous No.20122831]

>>20122698
Do less Jonny

[Anonymous No.20122865]

>>20122829
It's not about being able to stake but getting dividends. I know mutts are conditioned to think that's an evil thing and only allowed for the upper crust, but luckily other parts of the world are more relaxed on that.

[Anonymous No.20123062]

>>20122865
He's right, why are you posting this every day? Not enough people buying LP tokens?
Sounds about right.

[Anonymous No.20123190]

>>20123062
OP is not me, you retard.

[Anonymous No.20123261]

>>20123190
Woops

[Anonymous No.20123268]

>>20122829
>stake for free on other services

Yeah because there's definitely going to be an abundance of high quality nodes that aren't extremely oversubscribed at the beginning

[Anonymous No.20123271]

>>20122805
>>20123062
im the fag who made the linkpool threads the last 2 days, didnt make this one
i figured id try and help out my fellow anons who have critical thinking skills

youll notice this thread doesn't place a heavy emphasis on the inability for nolinkpoolers to get into high quality nodes, whereas my threads did.
this is something i truly want every one of my frens to understand.
once staking goes live, you will have an exceptionally difficult time getting into a high quality node that *actually gets a lot of jobs*

owning linkpool is your VIP ticket into one. without it, you are praying and hoping that there are slots available in high quality nodes, when the reality of it is that these will go within the first 60 seconds of any node launching, due to script kiddies.

that, or you'll just pay for a ticket into a coinbase or binance node just the same. only difference is with LP tickets you also get passive income from every single LP node, and i cant imagine coinbase or binance will do that. youll just be paying for a ticket into 1 node.

[Anonymous No.20123282]

Drop the goddam price about 80% I'll consider it

[Anonymous No.20123288]

>>20123271
also this being said, i literally couldn't care less if other people buy linkpool. i have never sold mine, and will never sell mine. I can post transactions of LinkPool paying me LINK from over 1 year ago, and i have never sold any LP. and i never will.
I could not care less about the price, i thoroughly want my frens here to understand how crucial it is to get a ticket into a high quality node, so that when staking comes anons dont rope because they cant even stake their link after 3+ years of holding

[Anonymous No.20123314]

>>20122698
I'm from USA. They wont let me buy right?

[Anonymous No.20123333]

>>20123271
See, we only have your word for this. It's not enough to make me part with that sort of money. I'd need to spend an eye watering sum in order to stake my stack (oh baby stake my stack) and all I have to go on is the word of a couple of Linkpool pushers.
I suspect there is a chance you're right, but it's simply not enough to go on.
If Chainlink really is the big deal they say it will be, there'll be plenty of opportunity to stake elsewhere, and get a decent return, imo.

[Anonymous No.20123401]

>>20123314
I'm a burger and I bought over a year ago without a VPN with no issues. Trust me, the fed doesn't give a fuck about a $5000 transaction on a DEX that's maybe been visited by 0.0000000001% of the worlds population

>>20123333
My viewpoint is that any high quality node service that actually gets significant numbers of jobs will 100% be charging fees, or a cut of the rewards. This is fact. With LinkPool, you know you're in a high quality node service because the devs are chainlink devs, the nodes are #1 nodes on mainnet right now, and the entire service has been designed from day 1 to facilitate LINK staking.
It's a sure thing. Whether or not you will be able to get into another service without paying 30%+ of your earnings as fees, is an unknown.

Also, i do find it hilarious that 3 days ago before I started posting these threads LP was 34 ETH per LP and today its 39 ETH per LP
I can't say it with certainty, but I think my shilling single-handedly increased the price of LP by $1000, kek.
A little salty about it to be honest, i wanted to get another 0.5 LP in anticipation of my LINK stack increasing from my DMG gains. Oh well

[Anonymous No.20123497]

>>20122698
What’s a good ratio of Link to LP, fren? 50,000:1? 25k:1?

[Anonymous No.20123538]

>>20122805
not selling my bags faggot

[Anonymous No.20123588]

>>20123401
39 ETH? That's $8850
That would buy 1891 Link tokens
I think I'd rather buy a shit ton more Link tokens and pay the 30%. No big deal. As far as I'm concerned, you just convinced me of what I already suspected.

BTW, how many tokens does 1LP allow you to stake?

[Anonymous No.20123667]

>>20123588
1 LP = 10k LINK tokens (ramping up over time). The plan is to slowly ramp up the LINK staked per LP as staking comes online to ensure everyone who owns LP gets a chance to stake every drop of their LINK

I see what you are saying, fren, I really do. My viewpoint is that not only are you obtaining rights to stake your LINK, you are getting a cut of /every/ single person who stakes on LinkPool
The fees that LinkPool will charge, especially when they open up staking to non LP holders, will be divided 100% among LP holders.
This is because the team owns 75% of all LP, so they can truthfully distribute every single $ in fees to LP holders, as they themselves are LP holders.

These fees are nothing to scoff at, it's every single node LP runs, every single Node-As-A-Service LP manages, and every single ETH 2.0 node that LP runs aswell.
You are not only paying for your ticket to guaranteed LINK staking, but also a ticket to a portion of every single $ LinkPool makes. And seeing as they own and run the domain market.link which is, at this point, the most in depth analysis of every chainlink node that exists, LinkPool will be a leading node service provider.

[Anonymous No.20123781]

I have over 40k Link. It would cost me over $35k to stake with LP. It's not an option atm, and even if it was, I'd be tempted to buy 7.5K Link with it, instead. I believe in Link, but LP seem to be this bolted-on addition that we're supposed to also believe in. I can't say that I do. If the price was lower, I'd consider it, but not at 39 ETH. Thanks for the info though. Either way, we'll all end up rich :)

[Anonymous No.20123832]

>>20123781
>Either way, we'll all end up rich :)
Truer words have never been spoken

[Anonymous No.20123874]

>>20123781
The question is, will all the extra income from owning LP ultimately end up in more LINK than just holding chainlink itself

[Anonymous No.20124071]

>>20123288
so you made 5 link this whole year

[Anonymous No.20124082]

>>20123401
>chainlink devs,
this is false joh

[Anonymous No.20124169]

>>20123781
>It would cost me over $35k to stake with LP
Now it will, and it's not going to cost less when staking goes live. Anywhere staking is profitable will have a high barrier to entry. You pay for LP or you get dog shit rewards somewhere every peasant is able to stake.

[Anonymous No.20124183]

>>20123832
Can I ask, how does one go about buying LP, anyway?

[Anonymous No.20124218]

>>20123781
I believe they've said you can stake 10k Link per LP within first year of staking and the amount may go significantly higher after that. You may be able to stake 40k Link with one LP share within 24 months.

I'm an LP holder but here's really no point in shilling it for me. I want to stake, not sell my share. It seems like the fudding is way stronger than shilling here actually, which is understandable. People want to get in, but they want to get in cheaper.

[Anonymous No.20124223]

>>20124169
So you claim. I have no way of confirming whether this is true or complete BS. I've never seen Sergey discuss it. Perhaps it would be useful if he did shed some light on it. Otherwise it's just noise.

[Anonymous No.20124242]

>>20124218
That's interesting. That could work for me

[Anonymous No.20124277]

>>20122698
Give me an update OP, I used to buy 1.4LP during the ico, but sold them by now for 50 eth or so. How much eth is one LP worth these days, and how many LINK of rewards did 1LP provide so far? Make me regret my decision to sell.

[Anonymous No.20124279]

What is the minimum amount of LP needed to stake? Might buy a suicide stack

[Anonymous No.20124287]

>>20124223
It’s not just noise.

Use your common sense.

In the initial months/years of staking, do you think there is going to be such a huge amount of demand for nodes that anyone with any amount of link can just easily stake it in a node that immediately pays decent rewards?

It’s just not happening. This is not something sergey can “shed light on”. Sergey doesn’t decide this. It will be an open market of people who want data for their smart contracts, people running nodes, and people with LINK to stake. And initially at least, there will be a lot more LINK available than there will be high quality nodes. You won’t be able to stake your LINK in good nodes initially. You’ll need to be a part of something like LP

[Anonymous No.20124302]

>>20124279
Any amount of LP will let you stake a certain amount of LINK. The numbers that have been suggested are 10k LINK per 1 LP. The minimum amount of LP you can buy is 0.04 which would let you stake 400 LINK

[Anonymous No.20124341]

>>20123497
many ppl say 1LP:10,000 LINK. I don't believe that is correct based on what linkpool claims they will be able to stake. Maybe .5LP:10,000LINK or possible even less LP than that

[Anonymous No.20124349]

>>20124277
>how many LINK of rewards did 1LP provide so far

Here's a screenshot of my rewards thus far with one LP share. Not big by any means, but it's passive income nonetheless. Can't wait to see the number go up once staking is live. It'll be addictive, and the dashboard is quite informative.

[Anonymous No.20124352]

>>20124302
How do you buy LP?

[Anonymous No.20124358]

>>20124183
https://staking.linkpool.io/dex

It's traded on the linkpool dex. if you dont trust links on an anonymous imageboard (rightfully so) you can google linkpool, or go to linkpool.io, then click apps->staking->dex (on the lefthand side)

[Anonymous No.20124365]

>>20122698
But how do I report passive LP income to taxes ?
It's not steaking and not dividends either....
I fear that reporting it incorrectly will give the tax office in Germany the idea to extend the holding period of my Link stack from 1 year to 10 years if I want to sell some of it.

[Anonymous No.20124372]

>>20124349
How many Link had you staked?

[Anonymous No.20124407]

>>20124349
Good luck anon. I sold my LP and 40k LINK at the last surge to 4usd earlier this year. Prolly should have kept a suicide stack buy in already balls deep in my next moonshot, so its too late to buy back. Amd im not complaining about a x10 on LINK and x50 on LP. No need to be regretful in greed.

[Anonymous No.20124418]

>>20124372
This is only from owning 1LP, there is no way to stake any Link in Linkpool yet. The income so far is my share of Linkpools own node rewards

[Anonymous No.20124431]

>>20124418
Of course, duh... my mi-stake

[Anonymous No.20124442]

>>20124358
Thanks, I might buy 0.5LP and hope for the best!

[Anonymous No.20124453]

>>20124407
Good luck to you fren. With a crystal ball I would have been a millionaire many times over in past few years. But there's no point in regret. Crypto has already given me a lot.

[Anonymous No.20124497]

How do I get started with linkpool?
How much do I need to stake to earn approximately 10link per week?
Can I remove and sell my Link at anytime?

[Anonymous No.20124500]

Wow, this thread has been quite pleasant, I do declare. Not been successfully hijacked by dickheads, like usually happens. Nice

[Anonymous No.20124631]

>>20124349
So since mid-Feb with 1LP you’ve earned 4 LINK in rewards

[Anonymous No.20124700]

>>20124631
Staking hasn't started yet. Did you miss that?

[Anonymous No.20124717]

>>20124700
Linkpool node rewards not Chainlink staking

[Anonymous No.20124730]

>>20124631
Correct. Glad I bought then as the price of LP is getting higher as staking approaches.

How many Link have you earned in rewards?

[Anonymous No.20124739]

>Missed Xor.
>Missed Stakenet
>You are here

$KMNN is a new Staking & Rewards Deflationary Network

Article:
https://medium.com/kimononetwork/hello-everybody-were-happy-to-announce-the-launch-of-kimono-network-our-new-crypto-project-f26a7fc92a3d

Low Total Supply

1:1 KMNN:KIMO Air-drop to be announced next week

You're early, this hasn't started yet.

Uniswap: https://uniswap.info/token/0xded1b06edcc6b2fab76ceac6970c137f05aab322

[Anonymous No.20124745]

>>20124739
fuck off retard

[Anonymous No.20124764]

>>20124500
Answer me you snicker lickers

[Anonymous No.20124780]

>>20124730
I might pick some LP up. Earned rewards via crypto com but don’t like the centralisation.

Are LP rewards automatically deposited into your wallet address?

[Anonymous No.20124810]

>>20124497
>>20124764
>How do i get started with linkpool
Purchase linkpool from https://staking.linkpool.io/dex

>How much do i need to stake to earn approximately 10 link per week
Staking is not live yet, nobody can stake. LinkPool rewards are distributed from LinkPool nodes that sergey himself is funding via heartbeat payments. To get 10 LINK a week /RIGHT NOW/ you would need a disgusting amount of LinkPool

>Can i remove and sell my Link at anytime?
Nobody is staking link. Staking is not live right now.

>>20124780
>Are LP rewards automatically deposited into your wallet address?
Yes

[Anonymous No.20124847]

>>20124810
Thanks for the info fren. Let’s all make it.

[Anonymous No.20124894]

>>20124780
Yeah, plenty of staking pools with better rewards around but very hard to find trustworthy ones. For me, that's where the real value of LP lies. Completely decentralized.

I have my Metamask wallet connected to LP and the rewards go straight to that wallet.

>>20124764
You get started by getting LP shares: >>20124358

>How much do I need to stake to earn approximately 10link per week?
Staking rewards are not known yet so no one can really answer that.

>Can I remove and sell my Link at anytime?
If your Link is in a node acting as collateral, I'm not sure if instant withdrawal is possible. I doubt the delays are long though, maybe minutes.

[Anonymous No.20124944]

>>20122698
i can't wait for the moment people realize neet-nodes are a dream pipe, and the only way to actually earn passive income will be staking with established nodes. The biggest of them all will of course be LP. As a matter of fact there's no other nodes who have suggested they will offer staking to plebs (and why would they share their profits?)
I fully expect one LP share to go for half a million usd in a few years.

[Anonymous No.20124946]

>>20124810
>>20124894
Thanks for the info

[Anonymous No.20125018]

>>20124944
I hope neet nodes will have their place. With enough time, they can build a trustworthy reputation and make the network more decentralized.

At first though, big node operators will rule the day.

[Anonymous No.20125029]

0x4613ada0Fd8b51a878e6005384d201d7d2E08f2A

[Anonymous No.20125062]

>>20124944
can't wait for when all the retards that paid 8k for a share realize that they'll be able to stake on coinbase for free LOL, probably for a much lower fee than the absurd 25% cut that linkpool is ttaking

the only good thing about this shit is that if you bought the ico you can dump on retards

[Anonymous No.20125065]

>>20125018
sergey hinted that neet nodes will be able to provide security to 'public good' data feeds like public price oracles. like real life, we'll have to start at the bottom and prove that we aren't mere parasites, but this time computers will do most of the work for us.

[Anonymous No.20125075]

5K linkies. Wat do? Push for 10K or amass enough LP to stake 5K then continue towards 10K link? Let me hear your thoughts.

[Anonymous No.20125119]

op your forgetting the most compelling argument for LP.
it's the 350m~ incentive reserved by the chainink team. your average crypto person, let alone normie isn't going to spin up their own nodes. theyre going to participate in pools. and the pools will generate a shit ton of link through the incentive (otherwise it wouldn't be an incentive). having LP is having a stake in the 350m incentive reserve.

[Anonymous No.20125135]

>>20125075
if you buy this you are a fucking retard
the only time to get in was the ico, everything else is ico buyers dumping on you
coinbase will let you stake, LP says they'll let you stake 100 per share for the first year, which is like $8000 to stake $400 worth of link

[Anonymous No.20125155]

incorrect info in this thread: in 1st 12 months 1LP allows between 400-800 link to be staked; between 12-18 months up to 10k link per LP

no doubt that LP is going to be something though, wish I had more

[Anonymous No.20125205]

>>20125018
they'll probably have these low level calls at 1 cent per.
>>20125062
Do you have a single proof that coinbase will offer staking, Prateesh?

[Anonymous No.20125284]

>>20125205
The proof is that Jonny was able to design this multi-billion dollar business by himself in a month.... just using deductive reasoning, it seems like CB would do something similar in order to harvest some of that yield

the same deductive reasoning tells me the people that are encouraging anons to buy this shit are the same ones with sell orders on the DEX. No one is trying to help you out, they're trying to dump this overpriced shit on you

[Anonymous No.20125289]

>>20123667
>he thinks there won't be other pools with tokens

[Anonymous No.20125313]

>>20125062
I highly doubt coinbase will offer chainlink staking any time soon.

Bear in mind there is a lot of work that needs to go into running a chainlink node, not to mention picking the appropriate data feeds that will have value. LP have been doing this since 2017, Coinbase haven't done anything. Not to mention even if CB did eventually run chainlink nodes, you can bet they'll be taking a huge cut for themselves.

People need to understand chainlink staking isn't like other crypto where you just press stake and start making money.

[Anonymous No.20125354]

>>20125313
>surely no one would ever copy our opensource software and offer it to their huge existing customer base in order to earn fees

lmfao at your life

[Anonymous No.20125386]

>>20125284
> just using deductive reasoning, it seems like CB would do something similar in order to harvest some of that yield

Again, it's not a simple click a button and start "harvesting yield"

In order to to run a chainlink node, you need to

-pick a data feed or number of data feeds that you are going to provide
-set up a node that will reliably and consistently get that data
-respond to the latest demands for data in the smart contract market and get new nodes up and running that provide that data
-find customers who will use your nodes in their smart contracts
-make sure your nodes are high enough quality that they can consistently do all of the above without failing and losing LINK stakes

Again, it's nothing like other staking methods. It's a lot of work. It's a full time job. Coinbase would need an entire team dedicated to running chainlink nodes. Maybe they will set one up eventually, but it would take months to get everything up and running and so far there is no evidence that they have done any of the above.

Compared to LP, who already have running LINK nodes and are in fact the largest node operator.

[Anonymous No.20125400]

>>20125354
If you think setting up a node is as simple as just copying another node then you do not understand how chainlink works. See:
>>20125386

[Anonymous No.20125410]

>>20125313
Coinbase will offer price data, which will already be offered by other nodes. Their nodes won't be highly profitable for staking, not compared to nodes on LinkPool that are offering other types of data.

[Anonymous No.20125424]

Threads like this make me think LINK might dump when staking is announced. Some people legitimately believe that once staking is finally released they can just click stake on coinbase and earn 5% a year. It shows a severe lack of understanding of how chainlink works. I'll be ready to pick up their bags if this happens.

[Anonymous No.20125439]

>>20125410
A link node that just uses coinbase price data would not be a very good/profitable node.

[Anonymous No.20125485]

>>20125439
Right, so for staking on Coinbase to be competitive/profitable for holders they would need to do what LinkPool is doing, and they're not; offering crypto price data isn't enough.

[Anonymous No.20125562]

>>20125485
Exactly. There's also the issue of supply. Even if coinbase do offer chainlink nodes, there's going to be massive amounts of CL stored on coinbase that will massively outweigh the demand. Compared to Linkpool where you'll have a fraction of the amount of chainlink being used for much better/more demanded jobs

[Anonymous No.20125597]

>>20125400
Again, we are talking about COINBASE
Linkpool is opensource

you're essentially telling me that Justin Sun or Charlie Lee could never make their own blockchains because designing a blockcahin from the ground up is super hard..... then again you're probably some new linker faggot that bought because of twitter shills

Coinbase can easily make a Linkpool clone-- it is fucking open source software.

[Anonymous No.20125661]

>>20124418
>The income so far is my share of Linkpools own node rewards
I have 0.36 LP, how do I get rewards?
Where to they send them?

[Anonymous No.20125689]

fuck! i sold at 4.71

i should have waited then i could have gained more link

[Anonymous No.20125711]

>>20125661
The wallet with your lp. Check etherscan, you should see a consistent stream of link come in every 2 weeks.

[Anonymous No.20125804]

>>20125597
so what data feeds will coinbase run?
how will they find customers for their data feeds?
how will they maintain the feeds? will they hire a full team to do so?

now lets say you are right and coinbase just copy linkpool and manage to run several succesful nodes with lots of customers...

won't they just take a massive cut of all fees for themselves? since people who store their link on CB are the least savvy and will accept a much lower fee.

on LP stakers will keep about 60-70% of all node income according to the team. the remaining 30-40% will go to LP token holders, so when you include the LP returns and the chainlink staking returns you are getting a huge chunk of your staking rewards

what will it be on coinbase? 10%? 20%? who knows but CB sure as hell are going to be taking a much bigger cut


in addition to the above, think of the supply. if coinbase open up nodes to everyone, we're talking about tens or hundreds of millions of chainlink all fighting to be part of those nodes.

compared to LP where you have 1000 public tokens, each staking 1000-10k LINK or 1-10m

so let's do some numbers:

in the unlikely scenario where CB and LP have the same nodes with the same income after CB copies LP nodes, coinbase will probably have 10-50 times the chainlink tokens staking for the same amount of revenue. in addition coinbase will probably take a much higher cut. given all that you're probably looking at coinbase staking rewards being 1-5% of LP staking rewards, and this is in an optimistic scenario.

[Anonymous No.20125922]

>>20125424
Sergey may not announce staking for this reason and implement features covertly focusing on partners instead.
But if there is a staking announcement it could be a good time to take some profits if Sergey doesn't increase the size of his 500k dumps.

[Anonymous No.20126010]

>>20125922
I don't think they will delay staking for this reason. Even if supply is greater than demand at the start, it's an important technological step and they will want to start moving nodes towards staked nodes ASAP.

[Anonymous No.20126092]

>>20126010
But it's possible this news won't cause a FOMO of normies if Sergey focuses his attention on business partners instead of replicating BITCONNECT level of advertisement.
He could do this by announcing support of new types of contracts instead of calling it staking.

[Anonymous No.20126128]

>>20124169
>You pay for LP or you get dog shit rewards somewhere every peasant is able to stake.
>he isn’t hiring devs and building an extremely high quality node with his gains
/biz/ - BUSINESS & finance

[Anonymous No.20126146]

>Is there anything comfier than holding Link?

Holding KTOV

https://stocktwits.com/symbol/KTOV
https://stocktwits.com/symbol/KTOV
https://stocktwits.com/symbol/KTOV

[Anonymous No.20126166]

>>20126010
When is it foreseen Avi?

[Anonymous No.20126473]

>>20126128
I had the same idea 2 years ago.
Seeing the current state of Link I am happy I spent the last 2 years learning trading and money management instead.
I will think of hiring devs when I see there is a market for my node and it won't just bleed me for a decade of my funds.

[Anonymous No.20126590]

>>20126473
>I am happy I spent the last 2 years learning trading and money management instead.
That’s pretty much what I do still, mostly focused on learning about the DeFi stack that is coming to bear right now. Getting an enterprise level node going is on the devs, I’m a retard at coding. It’s a risk, but if we’re able to get jobs and participate, hopefully will do very well.

>on that note haven’t seen if this has been posted here yet
https://drive.google.com/file/d/1_pjGxEdCgZDnzvhWFDuBjAT2o5C965gP/view

[Anonymous No.20127245]

>>20126166
The visions tell me it will be Sep/Oct

>>20126128
If you have the means for that then good for you. But that probably costs at least a hundred grand.

[Anonymous No.20127326]

>>20126590
That's interesting.
Personally I was expecting something a bit different than the current DeFi rush.

>A real risk is no commerce of value may come of this. If so, the whole stack would be worthless.
This is how I feel with its current state.
It's only useful for people who have a good knowledge of this technology.
This may change after a long time but I want to see what happens to the existing companies and see smart contract change how they operate.
It's easier to trust an existing bank using some form of smart contract than an unknown entity with a completely decentralized system and with nobody responsible for it when there is a problem.

[Anonymous No.20128004]

I only have a small amount, but I think that what people are really forgetting is the NaaS stuff. Like for any decent medium technical person, they'll just use them. This is what Ian Keane was inquiring about at the linkpool meetup in Durham.

Thats what Johnny is really focusing on now. Linkpool is ready to use atm, and now they're looking to expand. Obviously you can't have more than 1% of the supple (10 mill link) in more than one entity, but institutions are gonna look to see whats the easiest SECURE way to do this, and it'll be with linkpool for the first view.

It is overpriced though tbf. I think a 10k : 0.5 LP ratio is much more conceivable.

[Anonymous No.20128453]

>>20122750
Linkpool have a dex on their site. That's the only place you can buy it from. You need eth to exchange and something like metamask