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/biz/ - Business & Finance

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49414781 No.49414781 [Reply] [Original]

Here’s what Link nodes are earning per day

>> No.49414832

Delete this

>> No.49414856

>>49414781
You forgot to add"before staking has even started and there are zero of the 1 billion supply staked"

>> No.49414870

>>49414856

Staking doesn’t affect revenue, idiot

>> No.49414890

>>49414781
I have 100 stinky linkies, am I GMI?

>> No.49414896

>>49414781
lmfao here is the top node on your list LOL
as long as gas doesn't go up your almost breaking even

>> No.49414898

>>49414856
Why have I seen this retarded response so many times today?
Am I brainlet for holding this shitcoin?

>> No.49414907

>>49414870
increased security absolutely increases consumer base and therefore revenue

>> No.49414910
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49414910

>>49414896
forgot pic

>> No.49414915

>>49414870
Nope. It steers revenue towards collateralised nodes tho.. what are you a faggot no pooler or something?

>> No.49414923

>>49414898
you're the retarded one

>> No.49414926

>>49414870
The more you stake the higher portion of fees you get. Sergey himself stated this.

>> No.49414934

>>49414907
Will cost for users go up with staking or just for nice operators lending in the market? I fuckinghope so much we get staking on Friday.

>> No.49414935

>>49414910
and then think of what happens to gas after CCIP ;)

>> No.49414958

>>49414910
Gas prices are about to be reduced by 90%

>> No.49414964
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49414964

>>49414781
Makes you really start to appreciate the sheer scale of what is about to unfold… I was in Austin this past week and spoke with a thotiana who works for coinbase marketing… apparently word on the street is Sergey will be making a big announcement at the keynote… should be interesting…

>> No.49414970

>>49414935
Nobody understands ccip chud. Give me literally any reason it will be beneficial to the network

>> No.49414979

>>49414910
vrf

>> No.49414995

>>49414970
imagine doing vrf on another chain
but yeah that top node is an outlier, just that high to compensate for mainnet gas fees
but imagine how ccip will change everything

>> No.49415012

>>49414964
I’m glad I’m part of it.

>> No.49415015

>>49414964
Friday?

>> No.49415021

>>49414958
Sergey will reduce gas by 90% at Consensus

>> No.49415026

>>49414995
So basically you're saying that all off chain computations will be posted to and read from the polygon network?

>> No.49415029

>>49414781
What exactly is the point of this? What a waste of electricity. It's entirely pointless as Chainlink is entirely pointless and unnecessary.

>> No.49415050

>>49414890
Stake them, earn more until you can live of the rewards. It’s gonna be huge( it already is)

>> No.49415063
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49415063

>>49414995
Forgot pic related

>> No.49415090

>>49415029
It’s not for you. Don’t worry about it

>> No.49415175

>>49414781
How do I become a Link node

>> No.49415214

>>49415175
just be yourself man

>> No.49415217

>>49414781
PER FUCKING DAY

>> No.49415216

>>49415175
Naas.link

>> No.49415276

>>49414781
>Linkpool: 1094
Hahahahahaha, get fucked retards.
I'm staking with Fiews

>> No.49415323

>>49414781
Why put in the effort? The people who've been holding 10k-100k LINK for 5 years are too stupid to understand what you've selflessly dedicated your life to trying to tell them.

>> No.49415355

>>49414934
95% of chainlink's use case is price feeds and the revenue of those don't scale with increased use since smart contract consumers don't pay for reading the aggregator contracts, they are paid by "sponsors"

>> No.49415359

>>49415276
>thinks that Fiews is going to be responsible for any errors that their node network that is not all serviced by them. Sorry stakers you lost all your linkies because of a malicious retard node we incorporated!

>> No.49415401

>>49414964
>thotiana who works for coinbase marketing
oh yeah? did thotiana bus down?

>> No.49415405

>>49415214
Kek

>> No.49415407

>>49415359
Doesn't matter, Fiews is selling Staking insurance to whoever stakes with them. If they make a mistake and Link is slashed, you'll be fully reimbursed

>> No.49415466

>>49415026
yep although some users may not trust polygon
can be whichever lower cost chain you like, up to the users to decide, chainlink is a protocol

>> No.49415479
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49415479

>> No.49415482

>>49415214
kek

>> No.49415499

>>49414915
this argument makes lpl pointless because if it were the case every node would want our link without having to buy another token for the privilege

>> No.49415513

>>49415479
What is this?
I own Linkpool but only check once a year.

>> No.49415524

>>49414870
>Staking doesn’t affect revenue
Yes it does. There is a ton of stuff that is dependent on staking that hasn't started yet. When staking starts you'll see some serious shit.

>> No.49415525

>>49415407
yes, staking insurance will be ubiquitous
i dont think people quite get it
chainlink will develop an entire new industry
think about ALL that entails
chainlink is like the internet 2.0

>> No.49415531

>>49415513
linkpool.io/staking

>> No.49415541

>>49415513
other nodes will use linkpool's staking infra
it will be another revenue stream for lpl holders

>> No.49415703

>>49415531
Nice.
When did this page appear?
Staking must be really close.

>>49415541
Ironically this makes Bancor redundant outside of their liquidity providing feature.
They give me so much fomo I would like to accumulate more of their tokens but don't know what the best timing would be to buy more without BTC shitting the market again.
Last time I accumulated LPL it was at $6.

I remember my initial goal was to live form LPL income.
If the income increases again I may reach that goal exclusively with LPL.

>> No.49415784

>>49415026
correct, though maybe not polygon for long.
ETH likely wont remain the leading L1
its literally yahoo or myspace...

>> No.49415806

>>49415703
we could well see another savage market dump
but within 6 months we will have staking and when that comes i expect a lot more eyes on linkpool

>> No.49415844

How did they solve the withdrawal ability?
Removing LINK collateral from a running contract creates both gas fees and a need to get a replacement.
Some form of penalty for doing this would have been a healthier implementation at least to pay for the incurred gas fees.

What happens if Linkpool is suddenly short of LINK for a few seconds while they have a running collateral requirement for their contract?
Will they borrow from AAVE and wait for someone to fill that gap through the increased interests of staking?

What UI did they implement?
I don't really expect the LPL owners to withdraw their LINK the same way as they didn't move their LPL, but if a panic occurs after Linkpool becomes bigger and has a lot of weak handed retail investors this situation could happen.

In the absolute worst case if AAVE and othe lending platforms didn't exist they would have to wait for the contract to be cancelled to recover their collateral but this would be a waste.
This situation is not likely in the initial phase when the network is growing and the opportunities for a high stakign interest are scarce, but it's important to have a good design which will work in 10 years once the market cap is in the trillions.

>> No.49415855
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49415855

>>49414781
>37 billion tvl
>50 milllion network revenue
>We didn't think about token economics. ~Sergey Nazarov, 2022
https://www.youtube.com/watch?v=WLnzt_5AsyA

>> No.49415990

>>49415855
Network revenue is not a linear function of the TVL, but of the feature types requested and the amount of users and single transactions.
If you start supporting hybrid smart contracts across multiple blockchains, the amount of operations will exponentially increase with the complexity of the system.

>> No.49416068

>>49415990
feels good when that value needs to be collateralized lmao. ever seen 50B mcap added to a token overnight? how about that happening 5 times in a row? kek. linkies might actually make it.

>> No.49416107

>>49415806
I hope this was the end of the dumps, but this market is so fake I can't tell.
I am really curious to see how much the increase in nodes and staking will affect the LPL income.
It likely will be a lot more profitable than staking by itself.

People are complaining about a 1-3% current income from basic node activities but this is with a bare bone network.

>> No.49416119
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49416119

>>49414964

>> No.49416237

>>49416068
This is really complex to predict and calculate in advance.
Adding staking as a feature would allow an improved security type of contract which could increase the node revenue by itself without taking into account the staking collateral effects.

For example a node owner could ask 2 or 3 times more for their services in exchange for using a collateral instantly doubling or tripling the node income.
Most high level users with a security requirement would pay any price for higher security and this implies to DeFi too.

Adding super linear staking to it both reduces the required collateral, security costs for running a node while increasing the adoption rate and target market size.
You wold have to be a quantum physics rocket engineer with a background in finance and economics to make these kinds of calculations.

>> No.49416269

>>49414910
>making 10k a year for running a node on a spare server with virually no upkeep
>this is bad investment somehow
ngmi

>> No.49416295

>>49416269
LOL ITS 10K A WEEK
LMAO

>> No.49416482

>>49414964
now thats a fat crumb if ive ever seen one

>> No.49416524
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49416524

>>49415214

>> No.49416527

>>49416295
>LOL ITS 10K A WEEK
Before gas prices plummet due to CCIP and further L2 development :)

>> No.49416547

>>49416107
yeah just think of the income streams: managed nodes, naas, staking infra
and yeah that 3% is in link too. there is the usd appreciation on top of that

>> No.49416629
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49416629

>>49414781

Most of everyone here is missing the most important aspect of Chainlink Oracles and why it is a Trillion $ opertunity.

Its big data, dummies.

>> No.49416649

>>49416629
*opportunity

>> No.49416655

Just bought more, fud harder faggots

>> No.49416664
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49416664

>>49416629
*big dumpa

>> No.49416718

but the thing is LINK doesn't scale. So even if you're right and the use of Chainlink will rise exponentially, it simply won't scale at all. So I guess there's that.

>> No.49416735

>>49416629
is it because you have an excuse to say "we have objective truth, just look at the oracles" even though you're lying

>> No.49416738

>>49416718
chainlink isn't a blockchain retard

>> No.49416774
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49416774

>>49414910
>>49416295
>$10k per week