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56255606 No.56255606 [Reply] [Original]

V0.2 staking is said to release this quarter. As someone who held 7k LINK in the same wallet for the past 5 years, should I take this chance and stake 100% of my LINK? I sat V0.1 out to see that everything was working fine and now I feel ready to enter. Is there something I should keep in mind as I do this? What do more tech savy anons recommend?

>> No.56255613

I only have 14k staked right now, but I'm staking the rest as soon as I can.

>> No.56255665

>>56255606
Stake 7k LINK but don't stake all of your link until withdrawals are possible. If you've held link for years then you likely missed last bull run and you're going to want to sell part of your stack this run instead of missing a 2nd bull run in a row. I have 7k staked and 3k ready to sell in the upcoming run.

>> No.56255719

>>56255665
Withdrawals will be possible in v0.2 https://blog.chain.link/chainlink-staking-v0-2-overview/#unbonding_mechanism

>> No.56255721

>>56255606
i wouldn't
it will take multiple weeks to withdraw, you never know what is coming in life, or if there's a big price spike, or if there's some crazy ai development that reduces need for blockchain and you have to dump as quickly as possible
i think 60% is good

>> No.56255732

>>56255606
what you have seen right now is that people lost their ability to sell and that a counter on a website is increasing. until people are able to withdraw everything, you would do good to treat it as every other shitcoin staking scheme, because that's what it is

>> No.56255733

>>56255665
I don’t know what your target price or exist strategy is but does this only apply for those who want to eventually sell their principal? I planned on only selling rewards which if 4.75% yearly is kept will amount to a nice 350 LINK/year. That will be more than enough for me once the price is in the 100-250 range. What do you think?

>> No.56255771

>>56255732
Well, according to the blog post V0.1 will have like a weeks head start to either migrate or withdraw before V0.2 goes live so I guess we will see what happens. It is precisely for this reason I didn’t do V0.1.

>> No.56255807

>>56255771
the whole thing is just a token redistribution scheme, it's not real staking anyway. i don't understand why they have to invent all these rules to make it arbitrarily complicated, just allow staking and unstaking freely, calculating the rewards based on block time / daily. the pitiful amount of staked tokens doesn't matter anyway. they probably have too many people working on this, all chiming in with ideas so they can get a pat on the back

>> No.56255849

>>56255807
moron

>> No.56255884

I’m not staking shit. Fuck that. I’m holding and selling whenever I need or want to for the rest of my life. You think I’m gonna help bootstrap this fucking network after waiting 6 fucking years? Suck my cock assholes. I don’t care about the 400 or so link in rewards I’ll make a year. If anything that’s going to enable me to become a degenerate because if Link is at $2,000 per coin and I’m making 800k a year in interest plus my principal locked up… I will do the stupidest shit possible. I could go buy 800k of coke to have college girls lick it off my dick for an entire month knowing that once that 800k is gone I won’t give a shit cuz more rewards are coming. I’d rather sell… have 15 million dollars in the bank and then tread lightly knowing that if I fuck up I’ll have to go back to being a wagie at the gas station. So I will be more careful and it’ll also be like a game to me. Sink or swim. I don’t want your filthy rewards Sergey.

>> No.56255896

>>56255606
look into SDL - stake.link they are a chainlink liquid staking platform with 15 of the best nodes in all crypto attached, they also operate Chainlink's community staking pool

>> No.56255924

>>56255606
Stake.link is unstake and get your LINK back instantly

>> No.56255959

>>56255896
>>56255924
LPL is the only way to stake LINK. You need LPL not an obvious scam like SDL

Pool's closed ha ha hahahahaha

>> No.56255975

wen v0.2