here is why you should never sell link

[Anonymous No.25774939]

(nolinkers stay out plz)

Chainlink staking is coming up and i wanted to give you guys an overview with simple math of what chainlinks price would be, and what the APY of chainlink would be.

in 2020 exactly 1,051,318 LINK were earned by node operators.
when chainlink staking will be live, we could assume that 50% of the earned links will be redistributed to stakers. the chainlink network will obviously grow by end of the year 2021 and with new feeds, ocr, arbitrum, vrf, usage by other blockchains, we could easily get a x10 rewards for the current year compared to 2020.
>so:
1,051,318 LINK * 10 = 10,513,180 LINK total rewards
50% goes to stakers
10,513,180 LINK / 2 = 5,256,590 LINK redistributed to stakers
> now let's assume that 50% of the whole chainlink circulating tokens gets staked
400,509,556 LINK / 2 = 200,254,778 LINK staked
> this means that the yield for 50% of the whole supply being staked and 5M LINK rewards redistributed would be:
5,256,590 LINK / 200,254,778 LINK = 2.62% APY
>but this gets crazier, because now that we assumed that 50% of the whole circ supply is staked, then it leaves 200,254,778 LINK circulating, with a simple math operation, we could also guess what would the price of chainlink be by using the current market cap of chainlink of $6,459,242,397.
$6,459,242,397 / 200,254,778 LINK = 32.25$

with 50% rewards paid back to stakers (5M link), and 50% of the total links staked, you would get
1LINK = 32.25$ with an APY = 2.62%
so let me sum it up to you guys, and extend on the logic, don't forget that i'm calculating all this with 50% of rewards given back to stakers (5M Link), the chainlink network will be bigger and rewards also bigger. The lower the APY of chainlink, the more links are staked, the more links are staked, the higher the price of link is. do you understand what this means? Y0U CANNOT FUCKING LOSE. either the APY is high, or the price is high.

check pic related for different simulations.

[Anonymous No.25774961]

link will reach a minimum marketcap of 38Billion $ with 20 times more usage than now, it would look like this

[Anonymous No.25774971]

>>25774939
CHAINIGGERS TONGUE MY ANUS

[Anonymous No.25775150]

>>25774939
3% apy would be an awful return for staking

[Anonymous No.25775221]

I've been holding LINK since 2018 and I've never been able to understand why everyone is so bullish on staking. Staking always caused dumps, tokens get locked and whales sell for profits and your staking rewards aren't worth shit anymore.

Not to mention the fact that supply will actually increase since node operators will be getting paid from the 650m. inb4 linkies will be locked in nodes, you can still sell them by paying some fee probably.

Also neet nodes will never happen because big name companies will be running their own nodes so your best bet is to get into a staking pool and kike out 25% or more to the staking kikes (horserimmers).

Honestly LINK as a project is great but I think staking won't have a positive affect on the price like everyone is suggesting.

[Anonymous No.25775745]

>>25774939
Wouldn't staking rewards decrease with lower gas fees?

[Anonymous No.25776149]

>>25775745
No

[Anonymous No.25776471]

>>25774939
Cool thread op I have never before seen this information

[Anonymous No.25776526]

>>25774939
good analysis. some tips: use dollar values and the euro sign goes before the number, not after.

[Anonymous No.25776570]

nice, thanks op, just sold 100k

[Anonymous No.25776998]

>>25775150
It seems the the lower the apy the higher the link price so winwin

[Anonymous No.25777208]

>>25774939
I don’t get your logic. Why would a lower APY mean a higher price? The lower the APY, the lower the incentive to stake and thus hold LINK is right?