>Linkpool shares are way too expensive, no way I'm paying this much JUST to stake some Link. I'm hearing this over and over again, so I wanted to give an explanation why LP are traded at almost 50 ETH per share right now.
There are only 4000 shares in total and every penny Linkpool earns from all income sources get distributed among all shareholders. The income sources are as follows: 1. Effortless and trustless staking, where Linkpool takes a 25% cut of the rewards for doing all the work and gives the stakers 75%. 2. Node as a Service (NaaS): You pay a fix USD fee to use the Linkpool infrastructure for your node, but you get to decide which data to offer and you keep all of the profits. medium.com/linkpool/announcing-node-as-a-service-2034ee42d2d9 3. Chainlink Marketplace, designed service for finding Chainlink nodes, adaptors, jobs and data sources. medium.com/linkpool/announcing-the-first-chainlink-marketplace-a0dbfd5d13e3
The staking priority you get as a LP shareholder is just the cherry on top. In a few years one LP will earn enough passive income to sustain a humble neet life. Even at 48 ETH per share Linkpool is currently valued at only ~1.7% of Chainlink's total market cap. Is that too expensive for the largest and most trusted staking pool? Nope, I don't think so. staking.linkpool.io/dex
Here are my payouts, that are only coming from the ONE node Linkpool is currently running. (Only 8 or so Chainlink nodes are active right now, all hand picked by Sergey himself. In the future Linkpool will run hundreds of nodes).
They'll do ETH staking when that happens too Also, salty burgers whos daddy government won't let them invest have no say in this thread
Daniel Smith
Why would one choose linkpool over coinbase for staking? The latter doesn't require one to purchase a share that is not even available to American investors.
Julian Gomez
About US citizens not being able to use LP: Basically when the website sees that someone is from the US it sends them a warning: "You're from the US, you can use LP at your own risk and most likely nothing will happen, but we as LP need to condone US users, just to make sure the SEC doesn't come after us." So, just don't be a pussy and use LP anyway. The SEC doesn't go after the small investors, they always go after the issuer of illegal securities.
Christian Fisher
>50 ETH per share right now That is over 11k...why would anyone in their right mind buy a LP share over simply accumulating more link tokens? As for staking, just stake on coinbase, doesn't require one to dump over 11 grand to purchase a LP share.
Jayden Wright
Please explain to brainlet:
If i now send my 1000 links to linkpool, can i start immediately or do i need LP shares ? what are they for?
can i withdraw my linkies whenever i want to?
is it even profitable to stack 1k or even LESS links?
thank you for answers, im poorfag and interested to try, this staking thing feels like what bitcoin mining was at the beginning. confusing, but interesting.
If everyone stakes with Coinbase it really hurts the network decentralisation. The most likely outcome are many staking pools of different sizes, all competing in terms of fees. Given that Linkpool is the first one it should do really well.
