1) There will be other solutions to stake your LINK
2) One LP buys you more than 1000 LINK currently
3) The more valuable the network becomes, the less LINK you earn, because one LINK is worth more. So hodling 1000 LINK for a long time would result in a better ROI
Feel free to discuss. But I do not think this is a good investment to those prices
Other urls found in this thread:
>solutions
Go fuck your al dente coin
I agree and this is why I did not buy Linkpool.
Last distribution was around 0.4 LINK for each LP I've heard. A distribution happens every two weeks. Isn't too much really, would take hundreds of years too run positive on the LINK/LP trade.
Of course staking LINK isn't even live at the moment so those numbers will probably increase for a time when it does go live.
It's just a gamble. What if LP takes a majority share in the network. Could be a good bet. They are gonna stake ETH too, so you'll get some dividends from that as well..
Normie shit token.
>1) There will be other solutions to stake your LINK
Sure, LP was the first and are working closely with the Chainlink team.
>2) One LP buys you more than 1000 LINK currently
It does.
>3) The more valuable the network becomes, the less LINK you earn, because one LINK is worth more. So hodling 1000 LINK for a long time would result in a better ROI
Owning LP shares will allow you to receive a part of Linkpool's revenue. This revenue won't just be from purely LINK staking, but from ETH as well. Linkpool also offers different BaaS products.
better buy now, it's gonna get wild. what do you think is gonna happen when all these anons with dreams of running neet nodes never get the chance? LP is run by a member of the team. LP is already building reputation. LP is a fucking golden goose.
sure, for a linklet like yourself it doesn't make a whole lot of sense, but i'll be staking 20,000+ link with my two poolies and that's not even half my stack. feels comfy, boys. real comfy.
Yeah, obviously the number would increase a lot, when you deposit your own LINK there as well and when the network is heavily used.
But still: It would take several years in my opinion to get the ammount of LINK back, instead of buying LINK now.
Obviously it is very comfortable to know that you get paid every month and never have to sell. That's a big plus. But still, with De-Fi and the chance of staking your shit somewhere else, it does seem like a risky gamble at this point. At least to me
I do agree with what you are saying.
In my personal opinion, buy LP if you have a large stack of LINK. If you are a linklet, I'd get more LINK.
>for a linklet like yourself it doesn't make a whole lot of sense
You do not seem to get the point.
Linklet or not, the LP/LINK ratio is just not good at this point.
Linklet are
Yes
In another thread the OP (you?) advised to get at least 0.2 LP. Should even linklets do that and then stack LINK?
What's a good lp/link price ratio in your opinion and why? Genuinely interested
In the end it is up to you. Do you personally think you should own X amount of LP shares?
>In another thread the OP (you?) advised to get at least 0.2 LP.
That was not me, I've never started a thread about LP. I have commented on some though. I personally don't own any LP shares.
>Should even linklets do that and then stack LINK?
I'm a linklet and I own no LP shares.
Where can I buy linkpool?
yeah, pretty much
You need 0.1 LP to stake 1000 LINK. But you can only buy in 0.04 steps.
So let's say you own 2000 LINK, then you would need 0.2 LP, which cost you $1500
That could buy you around 400 LINK at this point.
You could calculate how long it might take untill you get those 400 LINK from staking. If you play the game across several generations, then it makes sense.
Assuming LINK will be worth $1000 and you get only 5% staking rewards, this would result in $100,000 per year as well.
But you can not really calculate it, because there are a lot of unknowns in the equation. I mean I could be wrong as well. Then please someone might correct me.
I just think the more mature the network becomes, the less LINK you get and the Dollar value of your staking rewards might stay the same at some point.
I also have to say that I am a LINKlet with only 4000 LINK. So that's that.
I'll keep LP shares in mind, I just won't buy some without some serious thinking. You could make nice money buying LP shares now and selling them when staking comes out, when the prices moon. But on then again, LINK might've already shot through the stratosphere.
Buying LP is a form of risk management. I mean, if you hold LINK, it's because you expect it to reach a high price (it's going to happen). The problem here is that maybe it doesn't happen as fast as you would expect or maybe the price doesn't reach the target you desire. With Linkpool shares you profit from the direct usage and growth of the Chainlink network rather than with the speculative value of the token itself. LP holders receive revenue from node listing services in market.link, Linkpool node earnings in the main network, ETH staking from July, their staking pool fees... People is complaining about the fact that it doesn't yield too many rewards YET. Because their only live products are market.link listing services and their node running on mainnet.
Now try to calculate NaaS users monthly payments, staking pool fees, ETH staking fees, pool of pools services... It's going to be fun
don't LP shares only give you priority staking in the network? They aren't even required. if that's the case I'd say an outright link buy is always a better choice
correct me if im wrong
If massive smartcontract adoption happens and they need data, then there will most likely be a lot of staking pools since LinkPool doesn't have some ultra-exclusive data. At that point LINK's price will, either way, be over $100. Waiting a year for more staking pools will not be a problem at that point.
>correct me if im wrong
you also get a percentage of everything they earn
Yeah, this is good to keep in mind too. LP shares could be way undervalued because of all the services they offer.
Off-topic, but it's so surreal to have invested in Chainlink. I missed the moonshots before it, but here I am. Fuck I love this somalian dog painting forum and all of you stupid faggots.
I hope we all make it. We are all in this together after all.
>With Linkpool shares you profit from the direct usage and growth of the Chainlink network rather than with the speculative value of the token itself.
Well, the LINK token will not have a speculative value anymore, once it get's used, because there will be an endless positive feedback cycle with a higher buying than selling pressure.
Calculating it in Dollar value, you for sure do not make a bad investment with a bit of LP and you never have to sell your LINK stack EVER.
a cut of their on-chain businesses
not any off chain work, consulting etc
1 LP Is now more than 30+ eth worth. now. Just imagine when ETH 2.0 and Link stacking comes out how much this could be worth.
The biggest point you’re missing is that you are essentially doubling your risk profile. By betting only on LINK, performance is contingent upon that single asset. By introducing linkpool, now your returns are contingent upon the performance of a third party asset, i.e Chainlink. In this case, LINK could fail and LP would inherently fail. LINK could succeed and LP could as well. Or LINK could succeed and LP dwindles away as more competitors eat their market share. See what I mean user? LP doesn’t fit my risk profile but it might for others, so ultimately it’s subjective based one ones investment thesis.
Godspeed fellow LINKlet
How many do you own?
4. Johnny rims horses
>The biggest point you’re missing is that you are essentially doubling your risk profile. By betting only on LINK, performance is contingent upon that single asset. By introducing linkpool, now your returns are contingent upon the performance of a third party asset,
That's blatantly false. They are becoming a ETH staking pool too, which mean a diversification of their source of revenue and therefore a minimization of their risk.
>Calculating it in Dollar value, you for sure do not make a bad investment with a bit of LP and you never have to sell your LINK stack EVER.
I agree with that. You should not go all in LP, but rather stablish a good ratio like 10K LINK / 1 LP