What Is LinkPool? >LinkPool is a ChainLink service provider with the ultimate goal of lowering the barrier to entry to becoming part of the ChainLink node network. Our aim is to allow people to easily earn passive income via staking, and also ease the amount of technical knowledge and experience required for running their own node. We achieve this by offering a easy to use and intuitive staking app and also a more hands-on Node as a service solution.
Linkpool's Services
>Staking Pool >NaaS >Consultancy & Managed Nodes
Official Website: linkpool.io/index.html dApp: staking.linkpool.io/dashboard DEX for Linkpool shares: staking.linkpool.io/dex UPDATE - Linkpool documentation and FREE EaaS: docs.linkpool.io - - - - -
In order to get funding, LinkPool had a crowdsale from April 15 to July 31, 2018. Jonny & Mat sold 6.25% of the company to the crowdsale contributors. The capacity of the crowdsale was 1,000 ETH, of which only 701.2 ETH were sold. However, the Linkpool team decided to evenly distribute the unsold portion among contributors. After the crowdsale finished, the team distributed the shares, giving an extra 40% to everyone. These can be purchased through the DEx.
Why would I buy a share? >You get 0.00625% of the Linkpool's revenue per share you hold. That includes DEX fees, NaaS subscription payments, 25% stakers fee and any other form of revenue for future Linkpool's products that are paid in LINK. Furthermore you will obtain staking priority when LinkPool goes live (the amount to stake per share is unknown yet).
>Figure with 100 LINK as revenue in the staking dApp: >75 Link is distributed among every staker. >6.25 Link is distributed among share holders. >18.75 Link is distributed among Jonny & Mat.
>Figure with 100 LINK as revenue in the NaaS payment and DEx fees: >75 go to Jonny & Mat >25 go to share holders
Last LP share trade: ~19 ETH / LP
Next distribution 81%
Nathaniel Richardson
Latest news: Jonny and & Mat are going to convert LP shares into ERC20 format prior to Chainlink main net launch. They'll be writing a detailed Medium article soon.
Isaac Green
LP is still too expensive relative to link
Henry Fisher
I have 1.4 shares. Will I make it
Nicholas Peterson
Sorry fren we're stealth now.
Sebastian White
Checked. Also Jonny in Telegram: >The amounts will be small at the start as we wind up the platform. With what we have in mind within the first months to a year, I don't think people will be disappointed with what we're planning regarding amounts per share.
Keep in mind you can buy the minimum 0.04 LP shares and still being able to have initial priority staking + passive revenue from holding the share. However the price tend to fluctuates between 15-22 ETH so keep an eye on the dex and you might get some interesting discounts
For every $1,000 that Linkpool earns, you will get $0.35 + your own staking income. Linkpool aims to become one of the most profitable node operators on the network. They will be playing within the million dollars range in a matter of 2-3 years.
Weird and creepy.
Ian Hughes
I'm guessing there's no info on returns to staking?
I have 2 BTC burning a whole in my pocket and curious whether to drop it on link or lp shares
Caleb James
how much link should I own to start a node of my own?
Jace Ramirez
20k per node is a good number
Ryan Miller
is anything below that still worth trying?
my brother is (supposedly) sitting on a 50k stake of link maybe I'll ask him but I'd much rather do it on my own
Benjamin Parker
It depends, I would buy at least 10k LINK and only afterwards I would then consider buying LP shares in order to diversify. LP success depends on Chainlink success, but the income it can generate it's really big.
Regarding staking returns you can assume that the income will depend on the efficiency of the node operator (big penalty, 100% uptime, optimized infrastructure & using adequate adapters). Linkpool has all this.
You don't need LINK to operate your node, but the bigger the penalty is, the higher value contracts requester you will attract.
I can guess you'll be able to accept jobs requiring low penalty but thus offering a low payment. It's always a good start though.
Christian Moore
this is so dumb all ive been doing is just follow the memes but you're telling me that not only the shitcoins will be worth alot, I can also buy another shitcoin and have the founders manage the nodes for me with 0 work on my end?
And is there a limit to stake per share? Or is this an unknown at the mo
Joshua Foster
How new are you?
Wyatt Walker
no it's not. with only 280 lp holders currently I'm hoping for 30-50k per share. that's tops 14m tokens which I think the current holders could collectively fill. and it *was* the initial intent to exhaust LP holder's supply before public iirc... please don't fuck me, Johnny.
Christian Nelson
I know us burgers were left out of the crowd sale, but we can purchase shares now, right?
Robert Reyes
There will be an initial staking limit per share, but it will gradually increase until it opens to the general public. The actual LP / Link ratio remains unknown
Yes. It's not recommended by the team though.
I think the first figures will be lower than that, but eventually we -shareholders- will reach these numbers.
For staking dApp $100,000.00 * 1 share = $6.25 For DEx and NaaS $100,000.00 * 1 share = $25
James Richardson
>For staking dApp $100,000.00 * 1 share = $6.25 This is how I've understood it as well.
I hold a few lp and really hope that gives me the opportunity to stake my LINK relatively early.
Josiah Hughes
You don't have to even buy another shitcoin to stake, they will stake for you and just take 25% of the profits.
Matthew Bell
That is 3.5M $ if LP will revenue about 10B $ or 5% of Amazon reveneue in 2017. How is that even possible? We dreaming or what?
Caleb Johnson
We are already in one of the most successful ICOs of 2018. I'm pretty sure 2020 has a lot of good news for us. >I hold a few LP and really hope that gives me the opportunity to stake my LINK relatively early. I think Jonny will be one of the most protifable node operators out there.
You can ignore LP shares, but during the first months it will be necessary in order to stake, before LP goes public.
I'm not gonna lie, 10 billion sounds really deluded. But I still think LP will move several million dollars in a monthly basis in 2 years-ish from now.
Grayson Roberts
Oh, maybe I have to buy LP share before the mainnet then.
Gabriel Bennett
That's the point of this thread unless you're in the same Tranny Discord and on ruse control. Shill! You trying to scam me brah?
For a 100M buckos/year revenue 1.4 LPS will lead to 35k buckos/year, not taking into account NaaS and DEX. Not bad tho. Hope to see it in the next 5 years.
Dylan Ross
100m revenue seems absurd in the near future. you'd need staking rewards in the billions to achieve that.
Joseph Price
> still believing that LP and staking ROI with outperform the ROI of just buying Chainlink
enjoy paying $2500 for a share of LP and making 5% MAX ROI when you could’ve bought 5k LINK
Jason Jenkins
will*
Jeremiah White
you faggots were saying the same shit during the crowdsale and look how that turned out
Mason Martin
The value of lps isn't just from the % you get from it. You get priority staking and the lps itself can appreciate in value. It's worth looking into.
didnt LP confirm they won‘t be running their service when mainnet comes out?
>Link moons because mainnet is out >Linkpool shares in freefall as everyone dumps to catch the Link pump >Linkpool cucks can finally stake and get their 5% when everyone already made it
David Mitchell
Yes this is confirmed
Luke Harris
>didnt LP confirm they won‘t be running their service when mainnet comes out? Jonny literally said: >I want to make this very clear, but we cannot go live with LinkPool straight away when CL does. We need the Chainlink deposit/penalty contracts, or our system cannot work as intended. Expect a delay between an initial main-net launch and LP going live. Which means that if he can't stake, you won't be able to stake either. He's talking there about the simplified main net for companies to test the actual product after aggregation.
>100m revenue seems absurd in the near future. you'd need staking rewards in the billions to achieve that. NaaS subscriptions, network assessment, staking dApp passive income and your own staking rewards. You always focus only on the last one but forget the other 3 source of revenues of Linkpool shares.
Levi Gonzalez
JUST
Wyatt Reyes
>Which means that if he can't stake, you won't be able to stake either. Link token will moon harder than LP shares anyway so its a dumb move to have LP shares right now.
Better buy Link directly and sell the news instead of sitting in LP shares and getting dumped on.
Jacob Davis
Imagine thinking that the LP price and LINK price won't have a high correlation
Elijah Ward
i wish we could get a little more insight as to what a "small" amount is; i get the feeling that anyone invested enough to get into the linkpool ico has a link stack that would dwarf most even on this board. also did johnny not say that staking allowances (at the start) would be proportional to number of lp shares held? basically i'm just curious if it will be a better play to accumulate the minimum 0.04 lp for priority staking or just accumulate comparatively cheap linkies for the time being
Nathaniel Cook
Are you legit retarded or just pretending to be because you are a LP bagholder?
Let me spell it out for you again: >Mainnet is out and LP doesnt work >Link token moons >people sell LP tokens for chainlink to ride the pump >LP dumps >you lost money
Better buy Link tokens and then scoop up LP when it dumped.
Lincoln Sanchez
pools will definitely be one of the first kind of nodes to get on a blacklist. why bother?
Lucas Phillips
why should LINK moon if no one can stake?
Tyler Anderson
Because hype and because >Expect a delay between an initial main-net launch and LP going live. Nodes will be already running when LP works and noone knows how long this delay gonna be, I‘d say weeks or months most likely.
Better buy more Link tokens and laugh about the morons that get dumped with Linkpoo shares.
Eli Fisher
also Jonny > Good question. We will be running a node initially yes. The node won't be contract backed, so any earned LINK won't automatically be sent to the holders. nodes live just cannot be staked on
Camden Nelson
Is the mainnet launching tomorrow with PSd2 or whatever?
Julian Barnes
Who could blacklist them? Data buyers? Why?
Aaron Hall
> blacklist nodes with millions in collateral and the highest reputation kek
Jonathan Bennett
The biggest shareholder, the one who contributed 100 ETH into the crowdsale, owns 4-5 million LINK. The rest is within the 1-100k LINK range. There are exceptions though. Your staking allowance will gradually increase before going public in order for you to exhaust your LINK stack.
Staking will be an essential factor for LINK to moon. If there is no staking, there won't be a surprising price increase.
This is not a chinese mining-farm type of pool. Learn about the project before being that critical with it. Bigger penalty stacks will attract higher value contract requester.
>because hype Thanks, just sold 100k. >Nodes will be already running when LP works No. You have missunderstood the statement. Initial LINK main net won't have staking. Neither Linkpool or you will be able to stake if deposit/penalty contracts are not merged in the Chainlink's github.
I don't think so.
Eli Rivera
Ok brainlet here.
I buy 1 LinkPool share and what else I have to do to earn money ? Buy LINK and give it to them to stake or what?
Gavin Morgan
lp and link is all you need, make sure to have both tokens on the same address and log into LP's DApp with your address through metamask
Jonathan Baker
Link, LP share and wait for Chainlink mainnet
Josiah Gutierrez
In theory you only need Link to earn money if you run the node by yourself. This is hard though, nothing a brainlet should even try. Linkpool stakes your Link for you and takes a 25% cut of the profits, giving you 75%. Linkpool shares give a a percentage of all profits from all Linkpool nodes and also a priority staking right, meaning you will get to partake in the pool before people without shares can.
Luke Davis
So my LINK is staked there for what period of time?
I can cash out it anytime or I have to wait?
Also how much shares is actually valueable to get, I guess 1 doesn't do shit yearly...
Thomas Brown
Smart Contracts, like so much of the interconnected web, are not necessarily novel ideas. There have been various attempts at building smart contracts since the 1980s. However, the technology (and more importantly the standardization) of the various components have each been maturing at their own pace, and it’s only been within the last few years that all of the key pieces have reached a level of maturity where inter-Enterprise smart contracts are feasible. As such, expect that smart contracts will quietly bubble up over the next decade, kind of like the way that fax machines reached a critical mass after years of being below the horizon.
Christopher Moore
You can end your stake at any time. 1 LP share is actually quite a lot, there are only 4000 in total. We don't have numbers yet for priority staking, so we can only guess how many Link per share you will be able to stake. We know that it will start low and then increase over time.
Gavin Walker
Literally 280 people own LP shares. You’re retarded.
Charles Johnson
Wait so they raised 1000 ETH for 4000 shares.
So 4 ETH for 1 share so that was around 1600-1800$ per share, now on DEX 0.48LP costs 8ETH, which is almost half a share for same lowest price.
Do I even get a confirmation with share that I own their asses in small tiny percent, or it's just internet meme on their website
