I agree with that aspect, no doubt, it's just the LP share price aspect. 4k link per LP token, ok. To stake a low amount of link(for the first 6-12 months). Fair enough. but assuming Coinbase suddenly offers staking without any LP shares, maybe only with the 25% per month - who wouldn't convert their LP to 4k, 3, 2, .. then we're at like 5 ETH per LP. (the LP crowdsale was funding, that Coinbase doesn't need)
just speculating. I hope you're right since I do hold LP, I just fail to see why people would stick around with LP. Sure LP offers a passive profit, share of all revenue (which was the main selling point), but depending on when in time coinbase enters the market,..
Ian Jones
For when they do eth staking.
Xavier Nelson
LP ETH staking you mean? I heard it was a possibility. however, I'm mostly worried about my link and LP, and I just fail to see how a coinbase or (much less likely) binance announcement about allowing link staking wouldn't crash the LP price, atleast short term. Yes, there's % of all revenue vs just staking rewards, but selling LP would mean being able to get more link in the first place.
Adam Morgan
I mean, if LP controls 10% of the link nodes, then 1 LP = (links total revenues) / 10 / 4000
Like I said, simple to compute it’s value. Can’t really compare that to a simple staking service.
Gavin Young
True that. Hard call, I'd like to sell my 2 LP on the next news pump and put more back into LINK. Wait for it to calm down.
But realistically they're probably the closest team to having a large staking node operational, and the early staking funds wallet release will probably make it worth the wait.
Don't know which way to swing on that one my dude.
Blake James
Stil this all is based on Coinbase actually offering staking. within the soon timeframe.
I don't think it's that easy, it depends on the collateral (indirectly = size of jobs right)
Charles Price
How realistic is it to assume coinbase will offer staking at this point?
Certus one just confirmed on Twitter they will offer staking of link token. Looks like coinbase will have no choice but to do that as well, if they a piece of the pie.
