LinkPool

Impressive LP stack! I guess you're rebalancing my 8.1 ETH into more LINK right?

trying to get in for .2LP
good asking price?

Yes but not yet. I'm looking for a good entry point between now and Sunday. If I dont get one plan B is to buy back the LinkPool shares sometime over the next month. The low volume is a pain in the ass. if you are trading more than 1 ETH worth.

Cheap

How many linkpool shares are there?

4,000

Only 1,000 were sold during the crowdsale

How do you buy LP?

1000 public and 3000 for the team.

Attached: 1535297371596.png (1377x5000, 1.25M)

staking.linkpool.io/stake-withdraw/dex

ETH to buy LP
Link to pay the fees (you are good with 1 or 2 LINK)

4000

3000 are Mat and Jonnys
700 sold to shareholders
And 300 remaining unsold distributed to the shareholders

Of that 1000 owned by shareholders, each token can be bought in chunks of .04
So theoretical 25000 "shares"

I'd rather not call 0.04 LP a "share". It makes everything quite confusing, doesn't it?

I’m super close to fomoing in. I skipped the sale to just buy more link, but I understand the value of priority staking now.

yeah agree, just breaking it down for people who might want a smaller portion of a share

What the fuck is this?

Attached: wtf.png (572x280, 17K)

honestly idk, it's a good way to diversify within the chainlink ecosystem, but I suspect there is rampant inflation since most linkies (the only people interested in linkpool) are so totally flush with ETH right now, which might not always be the case, and have a lot more than usual to throw at questionable side projects.

Most true link marines are still underwater on link

If you hit agree and the government finds out you will be charged for illegally participating in a security. 200k in fines or 30 years in prison

Choose wisely

that's sad, my average is 22c and I got in in November 2017 and it felt like it was already getting a cult following and had a lot of posters. I doubt I'm alone in that buy-in price.

Anyone got a read (guess or otherwise) on how much Link you’ll be able to stake with 1 LP share? I’ve seen guesses of 1.9k and 7.6k based on the 7.6m links committed to the project divided by the shares, but it doesn’t seem like much.

>you will be charged for illegally participating in a security. 200k in fines or 30 years in prison
O SAY CAN YOU SEE

Attached: 1526451433308.jpg (621x414, 40K)

14mm were committed

So if I just have link and no linkpool I won’t make it? I have 42k link

Well you can spend 2019 waiting for $100 link doing nothing or you can spend it earning more linkies via staking. Whether you use linkpool for your staking is up to you.

You did well. The LP nodes will have the best ROI of all.

Attached: Jonny.png (1623x917, 147K)

I don't get the warning when i buy chainlink.

I feel like this is just a huge circle jerk discord group in this thread.

Attached: 1542039592859.gif (650x316, 3.85M)

Why are people buying this centralized garbage by Jonny, Jesus I can't wait to hack into his infrastructure and get your staked links, I've seen their terraform files, they're littered with unsecured IAM policies on very important resources

You couldn’t hack your way out of a paper bag pajeet

Buying an experimental token in an experimental new piece of financial technology from a bro writing code in Britain? Yea, the (((SEC))) totally has the resources and more importantly the motivation to go after some NEETs because they bought some internet funny money no one understands. How many people do you think they need to assign to their crack (((SEC))) team to match american IPs to linkpool owner addresses? Lol

Quit being faggots biz. That’s to (rightly) protect Jonny, but not buying because you’re scared of the government regulating a never before seen tech? When did they rule linkpool passed the Howey test? I bet no one in the SEC even knows about linkpool, so let’s keep it that way by not having Jewish americans continuing to ask the dumbest fucking obvious questions and peeing their pants regarding linkpool.
>you forgot to collect our homework teacher!
555-come-on-now.jpg

Attached: 2B2A4A9D-1D59-4085-B6CC-999D1FD2CD7D.png (373x227, 29K)

High AF. If LINK is half as important as we think it will be, there will many competitors to LinkPool. Anyone buying this right now is dumb AF and I'd sell all my LP tokens right now and just buy more LINK with it,then use the main competing service to LinkPool. There WILL be one.

>many competitors to LP
Where tf are they? Mainnet is a month away, they are late. LP will have a huge head start. First months of staking will be crazy and whoever gets the lead will rape all others. Compounding effect. Linkers that will get to stake early are going to have crazy returns. Just my 2c. DYOR.

can't americans not even get in on linkpool still?

yup. and I own one LP token. this is the first I've felt FUD about it.

They can. Only risk is link being declared a security. I find the risk to be small. Everybody has played their cards right so far.

seeing as they're getting all their contracts audited before release I doubt you're hacking anything

Doesn’t hurt that /ourguy/ Jonny is contributing to the project

I just bought 0.16 LP for 7 ETH, I think that's a fair amount, low volume though so it'll take a couple days

mfw only 10k link and .56 linkpool shares
I was never intended to make it

Attached: 1504917259713.png (489x423, 15K)

IT seems laughable now but I bet when LP shares are paying out $5 million a year apiece suddenly they'll find the resources

>5mil a year
kek

You don't need LPS to stake

Better than me buddy. 6.2k link and 0.28 lp.

You will in the beginning beta

Feel free to screencap it and laught at me later. I believe that Chainlink will be used to facilitate trillions of dolllars of value per day, If LINKPOOL can actually manage to get 10% of the total volume and keep it, $5mil per LP share is a steal.

We are in uncharted waters. If the chainlink network can provide real value, any estimate of it's price will seem like a complete fucking fantasy. Anyone who's been here long enough knows that it ought to be the preferred method of executing high value digital agreements. You're entitled to your opinions but I'm going to hang on to my linkies and my linkpoolies for at least a few years to see how things shake out.

>We are in uncharted waters. If the chainlink network can provide real value, any estimate of it's price will seem like a complete fucking fantasy.
Exactly this.

at 5mil per year a piece that implies a total profit of ~100billion in fees from LP. Jonny will be taking in 75billion per year. That also imply 1 trillion usd staked in linkpool for 10% returns, of which gives chainlink a mc of 10 trillion if linkpool occupies 10% of mc

50k per year a piece is much more 'realistic' but even then many things are still unknown

hey jonny

I have 4 shares. For every million Jonny and Mat make, i get $1000.

I'm hoping they make 100mm (400mm linkpool revenue before the distribution)
100k/year passive income would be nice

Your numbers seem a bit off but you will make it nonetheless fren

>anons still buying linkpool bags from the devs

Imagine being this deluded

But linkpool pays out in link, so I believe there’s a small window early after mainnet launches where the link rewards will be incredible because they’ll appreciate much much faster later while link pool maintains a more constant roi.

You’ll make it if you hold

Numbers are off as they dont include the 40% bonus shares that were distributed

If linkpool gets 1,000,000 (after distribution to stakers)
750,000 goes to mat and jonny.
250,000 goes to shareholders
250,000/1000shares = 250
250 * my 4 shares = 1000

Again, for simplicity not taking into account the extra 40%

ok dude i'll see if i can get in at that price

Pretty curious about how far my 0.2 LP will take me... I will buy more if the price stays below 10 ETH and ETH doesn't go above 250$. I only have a little fiat and getting to ~0.5LP would be fine by me, only have 10k LINK too.

This

That's not entirely correct. Your figures are correct in the case of DEx fees and NaaS subscription payments, where the revenue gets distributed 75% to Jonny & Mat and 25% to shareholders.

However, the staking dApp revenue gets distributed as follows:

75% goes to stakers
18.75% goes to Mat & Jonny
6.25% goes to shareholders

They audit their smart contracts all they like, their terraform files define their infrastructure on AWS, not the business logic in the smart contract

The way I see it, LINK is a great enough hold as is. No need to add further risk by engaging with a third party like this. Shares are expensive and would ravage my LINK stack as is.

I only own 0.24 LP shares.
Is this a pointless amount to hold or will it ever make me money? What’s the minimum LP to make decent passive income?
Considering buying more LINK but I have 15k already. Should I aim for 1.5 LP shares?

I think a good LP:Link ratio is 1:10

1 LP share per every 10k LINK you own

kek I can just imagine the euphoric insanity

revenue != profits 6.25/18.75 is still 0.25. absolute state of biz

The revenue is profit since the costs are paid from Mat & Jonny stack, there is no previous cut

Thank you for the advice friend.
I think I’ll try to grab a few more LP shares.
I originally bought the minimum 0.2ETH contribution so I could get priority staking.
But a % of all LP profits sounds nice.
So we get a % of all DEX fees and all NaaS fees too? Not just rewards from staking?
Will LP shares moon alongside LINK?
I wonder if taking this gamble might be a good idea.

It's a higher risk-higher reward bet, to be honest. The fact is we would be earning LINK from mere network volume & traffic, instead of just waiting the speculative value of the token to increase. Although I think everyone could afford such additional layer of risk just for the sake of getting profit while we wait for the singularity

That's false. There's only 2 people who have access to the TF code, all the IAM roles Linkpool has are locked down to a needs-be basis and it's simply impossible that you got hold of their Terraform code.

The risk doesn’t bother me. I already have all my cash in LINK.
I need to figure out if the reward will be higher for LP shares or simple staking?
So if you buy link and stake it, you get income from staking that will be proportional to your stack.
If you buy LP you will get income from staking that is proportional to all the profit from everyone’s stacks on LP, plus DEX fees and NaaS?
It seems like that would surely be more in terms of income potential. Or am I missing something here?

>If you buy LP you will get income from staking that is proportional to all the profit from everyone’s stacks on LP, plus DEX fees and NaaS?
If you buy LP you get 0.00625% of the staking fee, 0.025% of the DEx fees and 0.025% of the NaaS subscription payment. All multiplied by the number of shares you hold. If apart from holding LP shares you stake your own link, you will have higher returns.

>It seems like that would surely be more in terms of income potential. Or am I missing something here?
Apparently, yes. People who realized that early were the 186 crowdsale contributors. But being 100% realistic we still don't know the node staking % returns. I'm deeply invested in Linkpool though, and I know that Jonny and Mat are going to deliver

Bet against the consensus and be right. That's how you win. Still can't believe how lucky I was to be one of those 186. Crazy to think of the consequences it'll have. Just crazy.

Thanks friend. I will buy some more LP shares instead of more LINK later today.

>Mainnet is a month away
Since may apparently. IDK why people listen to this muhdots based time assumptions.

pivotaltracker.com/n/projects/2129823/stories/159584617

Thomas said in the r/LinkTrader discord that we had to pay attention to that story if we want to know when main net is getting really closer. It has been in the Icebox for months, but 2 weeks ago it was scheduled for this week, that's why everyone is even more excited this time

>so let’s keep it that way by not having Jewish americans continuing to ask the dumbest fucking obvious questions and peeing their pants regarding linkpool.

that was fucking beauuuutiful user u made my day

i have $200 to invest. was thinking of just throwing it all into link but what about link pool?

> Buying LP shares when you don’t even have any Link to stake

Attached: A9D882F1-A9A8-4498-9028-910A33A69CCA.png (703x911, 19K)

i have a small bit of link to stake