Recently a ton of people got into Link, and many probably wonder how they can get rewards from their Link token:
>Why should I join a pool? Running your own node is really hard and you can get 75% of the rewards for doing no work at all when you stake with Linkpool.
What are Linkpool shares and why would I want to hold them? There are 4000 shares in total and every penny the pool earns (the pool's revenue is the 25% cut from all staking rewards) get distributed among them. Also people with shares get to stake before everyone else can, so holding the minumum of 0.04 LP might be a good idea to get in line before the big rush starts.
>How to buy LP shares? Connect your wallet to Metamask (hardware wallet works with MM), then go to staking.linkpool.io/dex and simply open a buy order or buy into an existing sell order.
Why would I buy shares from literally who instead of depositing my linkies and stake with the big guys?
Jayden Rivera
If lp catches you youll forfeit your investment and dividends. If the us catches you Maybe a fine and some jail time
Ryan Martinez
I got 2 questions. 1. 3.6 linkey here and wanted to know if its worth buying if I can't afford a full linkpool 2. I hear that metamask is unsecure and people had their coins stolen. Is it worth the risk
Christopher Lewis
We detected you are accessing this app from the US, we do not support or condone US citizens holding the LP token. On clicking agree, you are confirming you are not a US citizen. ------------------------------------------ So US gets fucked here? Should I just wait and stake with coinbase instead?
Brayden Richardson
You have to weigh the risks out for yourself.
Bentley Ortiz
Why allow US IP addresses to access their DEX at all if they were concerned with catching you
Aiden Rogers
Are LP shares an ERC-20 token?
Landon Campbell
Risking losing everything(Investment + Golden ticket to a million dollars) VS Risking nothing with coinbase staking. I guess I know my answer.
Robert Jenkins
What about a dual US UK citizen
Grayson Young
Do you really have to ask
Jace Green
>Risking losing everything the fuck are you talking about retard. You fucking security fudders are the dumbest people in cyrpto. Maybe you should stick to tron
Jonathan Powell
That newest node thing will probably be a pool because it is for a lot of PoS tokens, Chainlink being integrated by Coinbase Custody means they could be running a pool, securedata*something* too and I think I forgot a couple. But I think linkpool has a huge headstart desu and had a helping hand by sergers
Noah Wilson
>coinbase staking. where is this coming from? this sounds like it got memed and is jsut being repeated. i need source on coincuck staking or its false
Ayden Moore
>If lp catches you youll forfeit your investment and dividends. STFU. How are they going to take your shit you stupid fucking monkey? Anyone who believe this lying ass should just start eating dirt.
Andrew Brown
can i see some literature on coincuck stacking pls?
Gavin Nelson
Not a lawyer but you'd probably still be tucked. USA bean counters don't play around
Ok. Do it then. Double down and put more in it actually.
Jayden Ward
Blessed thread brother Lead the flock to the light They’ll understand why we toil to inform them soon enough
There's none but think about it... they stake tezos and are a high volume price source for a lot of good crypto/fiat pairs, why wouldn't they stake their LINK and sell their data?
Jordan Thompson
Buying 0.04 LP is already worth it as you get to stake before people without shares can. I wouldn't trust Metamask alone, but connecting your hardware wallet to it is safe.
Ayden Diaz
welp im convinced. I was going to buy link pool but am burger so just going to wait for this shit now
Matthew Gonzalez
Coinbase custody has a $1m deposit minimum.
Samuel Fisher
There will be multiple large staking pools. If Coinbase becomes too big it will harm the decentralisation of the oracle network. Buying LP shares is like buying stocks of Coinbase before the crypto market exploded.
but the minimum balance is in $, so when link is 100$ you will be able to passively stake your /makeit/ stack and live of profits for the rest of your life. how do you plebs not realize this
Carter Ward
Bingo
Daniel Gonzalez
how much return you expect?
Liam Butler
I got one a couple of days ago for 47eth 10k early staking is gonna be comfy af
Wouldn't all that eth be better for accumulating more link tokens and just utilizing coinbase as a staking platform?
Camden Ramirez
Coinbase requires 1 million dollars worth of link to stake I have 50k link already and am happy with my current rank of lieutenant colonel Got a good feeling about LP and Chainlink in general
SDL, nodepool, certus one, link forest, chain layer have all confirmed they would be running pools too. Additionally, linkpool marketplace will allow ANY neet node to become a pool by 'borrowing' linkpools contracts. I also know of at least 3 other staking companies that will soon join as high quality node operators.
Jack Jackson
It will probably be about one year until people without shares get to stake. Got that info from their telegram.
Brainlet question here...but even if staking goes live, wouldn't the activity be very low since smart contracts have not been adopted yet?
Charles Roberts
Does LP have a minimum amount you can stake?
Michael Sullivan
Staking allowance is proportional to the amount of LP shares you hold and will gradually increase until everyone can stake all their Link. I don't think there is a minimum, and if there is its really low, probably 10 Link or so.
Lucas Lee
To start with but there are very limited total LP shares available and soon it’ll be very expensive to own 1LP
South American linklet here. I dont think I can take benefit from that without being fucked by the laws
Benjamin Cox
medium.com/linkpool/owners-contract-upgrade-ownership-staking-and-limits-e80ffe3c3e00 >from the following article The limits will be roughly as follows: On go-live: 200,000–800,000 LINK (200–800 LINK per LP) From 6–12 months: 10 million LINK+ (Over 10k LINK per LP) It’s important to note that from 6–12 months, 10 million is our lower target for the platform.
Sebastian Kelly
but I can create my own node and stake without them right?
How many links? I'm a SAfag too and have -200 linkies
Dominic Myers
Sure, if you can manage to run a full ETH node, the Chainlink node and also know which API data streams to offer and how to get those. Most people won't be able to do that.
Liam Moore
is it true that they only allow homosexuals to buy linkpool share?
Colton King
>if you can manage to run a full ETH node, the Chainlink node meh thats pretty easy sempai...I work in IT.
>also know which API data streams to offer and how to get those How do I do this? Any info on this out there?
Jow Forums...you guys want to create an Aragon DAO and connect Link to it and run a node? Would be for the lulz
It’s literally just running a few command line utilities. Not that hard.
Lincoln Long
Yes. If you have purchased LINK, you are already a confirmed homo
Brandon Collins
800
Josiah Gomez
Fuck me!! If marines cant do this then wtf are they holding link for? Linkpool can suck a curdled jizz spitting pean! I'll save my Initial LP investment, keep my 25% and increase the CL sybil resistance by taking 10 mins to set up my own node
