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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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27725285 No.27725285[DELETED]  [Reply] [Original]

Insider here. Chainlink Labs is planning to pivot as a DAO, with LINK getting re-purposed as a governance token while the nodes will be staked with USD denominated stable coins, both to avoid volatility and friction for enterprise customers and to comply with upcoming SEC guidelines/avoid being labeled as a security after the XRP debacle. Insiders and early VCs who used to be big believers in the project are now exiting their positions and have been dumping their bags OTC. Make your own conclusion and act accordingly.

>> No.27725519
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27725519

>>27725285
prove you're an insiders and maybe ill read the rest of your post

>> No.27725582

>>27725285
Take another photo with this thread up.

>> No.27725599

Lol what community college is that?

>> No.27725737
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27725737

>>27725519
no one else would use this many retarded buzzwords.

>> No.27725794

This is the new fud, starting to make its way around

>> No.27726007

>>27725285
this shit is too complicated for me nigger, back to selling cars i guess

>> No.27726229

It actually makes sense not to release staking until sec's thoughts on the matter are clear.
But if it gets repurposed into a governance token, then $1k eoy is literal, unequivocal fud.

>> No.27726231

why don't you low effort larpers at least try to be original?

no actual whatever company insider calls himself "an insider"

>> No.27726426

erc677 functionality abandoned :-(