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55894235 No.55894235 [Reply] [Original]

Will this be the Lido for Chainlink staking?

>> No.55894262

>>55894235
I was talking about this in Chainlinkgod's secret Discord for OG linked earlier today and that's exactly what he was discussing. You must also be a member to recognize this brilliant comparison.

>> No.55894366

can you share an invite to the discord? would love to join a based discord like that

>> No.55894427

>>55894235
another bancor type scam, don't fall for it

>> No.55894493

>>55894235
Why would it be?

>> No.55894544

>>55894493
It will offer a Liquid Staking Solution for Link. Liquid staking solutions provide stakers with a tokenized representation of their staked assets. For instance, if you stake 100 tokens of link, SDL will issue you 100 "link staked tokens or stLink" as proof of your staked position. These staked tokens can then be traded, used as collateral in DeFi protocols, or even used in other dapps.

Benefits:

Liquidity: Stakers can still access the liquidity of their assets even while they are staked.
Yield: Stakers can earn rewards from staking and potentially earn additional yields by utilizing the tokenized staked assets in other protocols.
Interoperability: Tokenized staked assets can be integrated into other DeFi protocols, enhancing the overall ecosystem's composability.

>> No.55894689

>>55894427
you don't know what you're talking about

>> No.55894693

>>55894544
Checked

>> No.55894705

>>55894235
This is a scam. It started from Linkpool. Jhonny made promises then gas lit everyone for weeks before letting everyone know you had to convert yor linkpool over to SDL. You get way less apy for a shitty governance token and the governance is stacked against the "community" so if you wanted to change something you couldnt. Fuck johnny and Fuck eric and fuck slyverant

>> No.55894757

>>55894705
you are bitter and inpatient, things evolve over time, Chainlink changed their white paper to, things evolve to survive the future and Linkpool's revenue share model wouldn't have

>> No.55894760

>>55894705
if you were in the telegram in late november (which i know you were) then you will remember that the mood of the chat changed
when reading this it all makes sense:
https://medium.com/linkpool/lpl-migration-update-c3708dec38e4
what were they to do? they were fucked
> the governance is stacked against the "community" so if you wanted to change something you couldnt.
this is actually one of the benefits of the dao, the community can help save them from their own fucked and illogical decision making like with the new tokenomics through slurp-8

>> No.55894770

>>55894757
>you are bitter and inpatient
no motherfucker. I'm furious, i lost 50k in five min. Not to mention the insider trading bullishit they did with nops. Shut the fuck up
>>55894760
the sentiment changed because they started banning everyone in the chat. Stop being disingenuous

>> No.55894798

>>55894770
there was no insider trading, and who hasn't lost money in crypto.. its early days. be patient and that 50k will come back

>> No.55894812
File: 19 KB, 451x536, 1613660556711.jpg [View same] [iqdb] [saucenao] [google]
55894812

>>55894798
>there was no insider trading
>gives information to selected nops before the community
>selected nops use that information to sell SDL on the open market
>not insider information

>> No.55894932

>>55894770
>Not to mention the insider trading bullishit they did with nops
what was this?
>the sentiment changed because they started banning everyone in the chat. Stop being disingenuous
i wrote some very aggressive things and wasn't banned?

>> No.55895060

>>55894812
did you sell your SDL?

>> No.55895195

>>55894932
go in the official telgram and do it now. i just got banned today from the SDL twitter

>> No.55895210

>>55894760
>https://medium.com/linkpool/lpl-migration-update-c3708dec38e4
this means fuck all btw. They could have done the NFT sale to get into a secrete discord to raise funds. They could have anything and everything else then what they did. They just wanted to cut out og LP holders.

>> No.55895214

>>55894235
Based I got my 10k

>> No.55895225

>>55895210
bitter
>>55895214
based

>> No.55895378

>>55894705
Oh.. so it's just another scam. Okay then.

>> No.55895408

from the community telegram... 10k sui, 50k make it is the consensys

>> No.55895429

>>55895408
Wrong. 1/1000000th of the total supply is the suicide stack of any project. This makes the following stacks as
> 100 sui
> 1000 make it
> 10000 fu
> 25000 og lp

This is how early we are

>> No.55895553

>>55895429
well its defiantly worth the risk for a 10k fu stack

>> No.55896709 [DELETED] 

That does not make any sense as all projects are at different valuations. Holding 1/1000000 of a 3 billion vs a 3 million market cap project does not mean you will make it if 3 million project does a 30x. Hence a lower market cap project needs to many more multiples for you to make it than a 3 billion project. In this case SDL will never be as big as Link. So to say that by holding 1/1000000 of SDL tokens you will make it the same as holding Link is silly.

>> No.55896717 [DELETED] 

>>55895429
That does not make any sense as all projects are at different valuations. Holding 1/1000000 of a 3 billion vs a 3 million market cap project does not mean you will make it if 3 million project does a 30x. Hence a lower market cap project needs to many more multiples for you to make it than a 3 billion project. In this case SDL will never be as big as Link. So to say that by holding 1/1000000 of SDL tokens you will make it the same as holding Link is silly.

>> No.55896746

>>55895429
This
>>55895553
I mean no shit?
It's literally a paltry 1.7 mil mcap

But it could definitely go to zero since they've shown to be totally inept and incompetent so come enjoy the ride

>> No.55896753

>>55896746
you really wonder what a more competent team could have done
really on the bd front and longer-term vision, technically there have been no issues but they've FOUR goes at a token now
they really don't deserve to have the opportunity they do

>> No.55896830

>>55896753
>they really don't deserve to have the opportunity they do
Couldn't agree more which is why I'm still cautiously optimistic but fully prepared to lose everything on them

>> No.55896843

>>55896753
competency is built over time. this is our best bet of getting in on the ground floor of something almost just as good as chainlink imo

>> No.55896951

>>55896843
well it's still at a 10x from ico but yeah it could be worth a far amount in future...
be very interesting to see how next staking expansion looks

>> No.55897045

After SLURP 8 total supply will be 100 MILLION SDL

SDL Supply breakdown after SLUPR 8
>Community: 30,000,000 SDL (30%) (Unchanged)
>Core Contributors: 20,000,000 SDL (20%)
> - Core Contributor allocation as follows:
> -10M Founders Allocation, vested over 48 months
> -Budget beyond Founders Allocation set at 1M annually & Usage beyond this budget requires Governance Council approval
>Treasury: 40,910,000 SDL (40.91%)
> - Nodes OPs will get 1 MIL SDL and then it's half to 500K SDL and can be lowered later on and so forth over time
>Ecosystem Partners: 7,690,000 SDL (7.69%)
>Current Node Operators: 1,400,000 SDL (1.4%)
> - they will be awarded a vesting schedule of 1,000,000 SDL over a four-year (48-month) tenure.

CIRCULATING SUPPLY ESTIMATE
I will assume that ecosystem partners and community as circulating (even though most should get locked up in staking)
>100 MIL TOTAL - 10 MIL (10M Founders Allocation, vested over 48 months) = 90 MIL SDL
Assuming they use 10% of treasury in the first few years
40.91 MIL - 10 MIL = 30.91 MIL SDL IN THE TREASURY (not circulating supply)
>90 MIL - 30.91 MIL = 59.09 MIL SDL
Current Node OPs SDL will also be locked
>59.09 MIL - 1.4MIL = 57.69 MIL SDL
Going to round to 60 MIL SDL for easy math

So I estimate ~60,000,000 SDL as 'circulating' in the first few years, so
>60% circulating supply


Lido token is rank 34 currently - at $1,469,417,927 USD MC with 87.8854008% circulating supply (878,854,008 / 1,000,000,000 * 100) at $1.67 USD
>Rounding to 88% supply &1.5 BIL MC for easy math

At 1.5 BIL USD MC and 60% circulating supply, the price of SDL should be
>$25 USD

Current price
>0.185 USD
To hit $25 USD that's a
>135x from here (roughly)

This does not factor in the circulating supply of SDL that will be locked in staking.
Link staking will be far more valuable than eth staking since LINK > ETH and they also have an eth pool + more things to come, so SDL should be worth more than the Lido token.

>> No.55897050

>>55897045
>Field too long
Currently 10K SDL cost $1857 not accounting for gas/fees. Which at $25 is $250,695 USD

>> No.55897073

>>55897045
>> - Nodes OPs will get 1 MIL SDL and then it's half to 500K SDL and can be lowered later on and so forth over time
>>Ecosystem Partners: 7,690,000 SDL (7.69%)
>>Current Node Operators: 1,400,000 SDL (1.4%)
Hmm something is not right here. Current node ops only have total of 1.4 mil, but they should be getting 1mil EACH.

>> No.55897275

>>55897045
$25 dollars will be just the beginning.

>> No.55897290

>>55897073
1 SDL will equal 1 Link.

>> No.55897301

>>55897290
I doubt that. You are the poster that said 50k is the make it stack. If sdl = link than 1 sdl is enough.

Plus sdl has 10x.less supply

>> No.55898071

>>55894235
These threads reek of Curry.

TO EVERY NEWFAG:

SDL RUGGED THEIR LAST PROJECT

SDL IS NOT NEEDED TO STAKE LINK

SDL HAS AN HORRENDOUS APY

THE TEAM BEHIND SDL HAS A VERY BAD TRACK RECORD, THEY ARE EITHER INCOMPETENT OR MALICIOUS

>> No.55898085
File: 104 KB, 636x1024, 1692615657016.jpg [View same] [iqdb] [saucenao] [google]
55898085

To bring newfags up to speed:
The LPL Team hyped a snapshot over weeks and then, ON THE DAY BEFORE STAKING RELEASED, they rugged LPL and forced us to migrate to a new project that has nothing to do with the old project with infinitely worse tokennomics and even cut our holdings in half (2 LPL were 1 SDL).
ONLY A COMPLETE MORON WOULD HAVE THOUGHT THIS WOULD GO OVER WELL.
Then they chose to gaslight us about it (just go to the gym bro) and then proceeded to block every dissenting voice from their Telegram and their Twitter Accounts.
The absolutely proved that they are either
completely retarded and incompetent or malicious actors.

>> No.55898534

>>55897045
or you can buy pepe for 200$ and make 1 mill. Are you fucking stupid?

>> No.55898696

>>55898534
Not going to gamble on literal meme coins. Sdl is an investment for me.

>> No.55898712

>>55898696
>crypto
>investment

that would imply making money and you are not making money with chainlink or a derivative any time soon. (ten years plus)
If you had a brain you would ride the cycles and put money into something that will actually pump

>> No.55898848

>>55894705
fcuk jhnony