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20358230 No.20358230 [Reply] [Original]

not shilling, just pointing out that despite the massive dump the other night, LP is now 64eth per token on the sell side, & you can't even buy a whole lp for that. AND staking isn't even released yet

>> No.20358321
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20358321

>>20358230
>not shilling

>> No.20358358
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20358358

>>20358230
>>20358321
Jonathon Huxtable puts his tongue inside of horses assholes.

>> No.20358396

>>20358230
>massive dump.
Literally one nigger sold less than two LP.

>> No.20358521

LP is unironically an amazing buy right now.

Let's ignore staking for a moment. Linkpool will have the following source of revenues:


-Their cut of all chainlink nodes they run
-A cut of all chainlink nodes that have used LP's NaaS. Many node operators won't be able to, or want to do everything themselves and will use LP's architecture. LP will get a cut of all of this. Potentially hundreds or thousands of nodes.
-A cut of all ethereum node profits

Already we're looking at many sources of revenue.

Now let's consider staking. Staking returns for public nodes will be pretty simple: Total Revenue divided by total number of LINK staked.

Lots of people say they will stake on coinbase nodes or similar. Coinbase will have a LOT less revenue than LP from staking. LP is already the number one operator, while CB hasn't even entered the game. LP has a team that's been heavily involved with Chainlink from the beginning. That's a team that's going to be active looking at what new smart contracts need and constantly making new nodes to meet this demand.

Coinbase simply will not have this or anything like this. Linkpool will likely always have a lot more revenue than coinbase from nodes.

Now we add the second part of the occasion. Supply. Lots and lots of people hold LINK on coinbase. As more normies flood in, that number will increase. On the first page of chainlink token holders I can see 65 million tokens on Binance. Huobi is about 6 million. Let's say 25 million chainlink tokens held on coinbase once people move tokens there to stake (this is conservative)

Compare that to Linkpool. 1000 public LP tokens. Initially each will be allowed to stake about 1000 each, and that will grow to about 10k. So that's 1 million initially, later growing to 10 million.

So Linkpool will have 10-20% of the amount of LINK tokens compared to exchanges, and will have a lot more revenue. Let's conservatively call it 5x, which I think is very conservative.

(cont)

>> No.20358602

>>20358521
Finally, we consider the cut the node operator takes. For LP, this is going to be 25%, and a lot of that will go back to LP token holders as dividends. What will it be for Coinbase/BInance etc.? Probably higher since people who stake there do so because they have nowhere else to stake. Let's conservative say 40%.

So adding all that up. 20% of the amount of tokens earning 5x more revenue and keeping 25% more of it for themselves. Using these conservative estimates, someone staking their LINK with LP would be earning 30x what someone on Huobi/Coinbase/Binance earns.