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51200058 No.51200058 [Reply] [Original]

Can we get a quick rundown on ETH vs LINK staking? What are the differences and which one will give a better chance at steady passive income?

>> No.51200080

>>51200058
>no shitter

Sincerely congrats on being a linkie

>> No.51200104
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51200104

>>51200080
>he doesn't shit in the sink
ngmi

>> No.51200197
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51200197

>>51200058
Lets compare ETH2 to Avalanche:

>ETH staking withdrawals will not be available right away
Avalanche withdrawals are available since Mainnet launch YEARS ago
>The current plan is to deploy the withdrawal functionality in a software update 6 mo - 1 year after the Merge.
essential stuff like this was never missing on Avalanche, this means you have to stake ETH for up to a year, maybe even longer while on Avalanche you can Stake for 2 weeks minimum or 1 year maximum or anything in between.
>The current projected income rate (for ETH) is around ~4% APY
Running an Avalanche Node has a proven 9% - 12% APY (paid in AVAX) since Mainnet Launch 2 years ago.
If you run a Node you get Staking rewards, % of your delegators rewards and Tokens from validating several Subnets. (The Golden Subnet Bullrun has not started yet).
>Also the withdrawal system will be implemented as a queue to limit the amount of ETH that can be withdrawn per day,
there is no queue on Avalanche, its instant, sub second, its finalized faster than you can press F5. thats all transactions or smart contract interactions on Avalanche, even when you go crosschain between X Chain and P chain and C chain and other Subnets its instant. Sub Second finality.
>Transactions take 14+ Minutes until they are finalized
I repeat: on Avalanche transactions are almost instant.
>Ethereum has Slashing which means you can lose your stake due to a Hardware or Software bug
No such thing as Slashing on Avalanche.
>ETH2 has Censorship at the Protocol level as all validators are ran by Kiked corporations
on Avalanche you have independant Node operators.

tl;dr if you want low risk staking where you dont get fucked you stake AVAX instead of ETH.

>> No.51200239

>>51200058
One is needed to be staked while the other isnt
I'll let you figure out which is which

>> No.51200243

>No integrated wall oven/microwave combo for maximum space usage
>He rolls over 3 times a week and breaks his face

A stinky linky pod indeed

>> No.51200244

chainlink staking is more of an accumulation phase as it still has substantial supply inflation ahead. ethereum's accumulation phase has largely drawn to a close. I would suspect that long term chainlink staking has greater potential for those getting in right now and staking/holding over the next decade until the supply reaches the cap

>> No.51200246

>>51200197
Not what we're looking for.

>> No.51200255

>>51200246
Avalanche has the best Staking in Crypto.

>> No.51200281
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51200281

>>51200058
Im not gonna lie, I do this often, looking her and you gonna tell me that dont feel the impulse?

>> No.51200338

Unless you have over 500k in LINK right now it’s a moot point of ETH or LINK is better with regards to staking.

>> No.51200578

>>51200338
Explain?

>> No.51201382

>>51200058
Okay, so basically LINK tokens have value because you will soon be able to stake them to earn more LINK tokens which are valuable because you can stake them to earn more LINK tokens which you can use to stake more LINK tokens. That is why the LINK token is valuable.

>> No.51201473

>>51200058
Staking in ETH and LINK have the same purpose, to stop baggies from selling so the price doesn't go down while the smart money sells. Any coin staked is a coin that is guaranteed not to be sold, which artificially lowers the sell pressure on the coin regardless of how valuable it actually is

>> No.51201705

>>51200197
How is this not LUNA 2.0?
>Avalanche withdrawals are available instantly
Until the day they aren't
>9-12% APY
seems pretty high for a supposed non-ponzi
>Instant transaction finality
too good to be true without sacrificing one or more parts of the trilema
>no slashing on AVAX
so locking your AVAX serves zero purpose, other than for Emin to use as a downpayment on his 4th yacht

>> No.51201736

>>51200281
What?

>> No.51201904

>>51200080
>>51200104
You vill eat ze poop and drink ze piss
Only those with a balance of .05 Link tokens will be allowed access to a communal toilet shared by millions of 3rd world immigrants.

>> No.51202168

>>51200058
LINK will be used as collateral. The collateral must reflect the security requirements of the network. You do the math.
Remember that both Ethereum and Chainlink have taken very similar paths: get adoption and then implement fee capture. Ethereum is only now reaching that phase. Chainlink will begin this with v1.0 of staking but v0.1 which is coming this year will wake people up about the potential.
This also important to remember that Ethereum is being reduced to a settlement layer through L2s. Chainlink have its hands in much more vital layers of the stack - oracle data, computation and sequencing.

>> No.51202534

Would you buy 32 ETH or 8,500 chainlink right now?

>> No.51202701

>>51200338
Even if ETH staking is a decent bit better than link… you need a shit ton of link to transfer to ETH to make it worth your while. Would you rather have 50Eth to stake or the equivalent in link to stake. Easy decision.

>> No.51202708

>>51200578
>>51202701
My bad

>> No.51202720

>>51202534
Thank you. Easy choice.

>> No.51202791
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51202791

>>51201382

>> No.51202834

>>51202791
>average human body mass=62kg
manlets are a plague

>> No.51204494

>>51201473
The numbers staking ETH, LINK and SCRT are increasing every day but that's a good sign for them right?