WHAT DID LINKPOOL MEAN BY THIS

What did I miss? Since when LP stop profit distribution?

They haven't. They halted DEX fees. Still profit sharing, however, the only revenue has been from the heartbeat. Now they're getting requests from binance though.

Discord trannies already figured it out. We're not telling you plebs though.

Thinking of going balls deep into LP tokens (5+) can anyone tell me why a US resident with an H1B visa shouldn't do this?

Better get onboard quickly user. I'd guess at least half of LP holders are US residents based on the conversations I've had on Jow Forums. In the US, as soon as you have a networth of $1m you're an accredited investor and can buy whatever unregulated securities you want. Government acts slow, and LINK will make you a millionaire quick.

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>US resident with an H1B visa

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dilate

>stake your LINK and earn FREE money

isn't this basically what bitconnect said

Probably Openlaw x Rocket Lawyer's platform for simple self executing smartcontracts based on something like ETH price.

This will be huge for Linkpool. The time of sub 50 ETH shares is coming to an end.
LP will be an important part of the Chainlink ecosystem and should not be valued below ~2% of the Chainlink's market cap.
LP could go to 100 ETH a share and would still be undervalued compared to Link.

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>he still doesn't understand what Chainlink does
you had two years, nobody is going to spoonfeed you
Checked. Looks like August is going to be a big month.

Nope

Looks like the sources of the new requests is Binance. I don't know what this means.

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Linkpool Share split
Binance to list Linkpool Shares

It's node operators getting listed on the linkpool marketplace

Do they send out linkpool earnings to all holders of LP, even the partial holders?
And how do they do this? Over the dex or does it get sent to the same wallet that the LP is on? S

Yes, all earnings from all income sources get distributed to all LP holders, even when you only hold 0.04 LP.
This happens via smart contract. Earnings (in Link and maybe ETH in the future) go into it and then the contract distributes them proportionally to every ETH adress that holds Linkpool shares. (Someone has to tell the contract to trigger the distribution, but everyone can do this. Literally everyone, not even LP holders.)
That is one of the most basic use cases for smart contracts, to distribute income streams to many different parties.

The revenue Linkpool generates is sent to a smart contract that distributes it to LP holders. All wallets holding LP are sent a proportional amount of LINK.

If binance wants their nodes on the LP marketplace, why are they making requests to the LP node?

Can burgers play yet?

enjoy your fucking heartbeat check you goddamn losers. Shit is worthless

>>he still doesn't understand what Chainlink does
Chainlink doesn't do anything though. Show me what its doing right this second, now.

>Now they're getting requests from binance though.
Oh lord. So fucking checked.

technically no, in practice yes.
That's the point, there's now requests being made other than the heartbeat.

I've pretty much accepted my 4k link is as much as I can get this year. But I might buy into LP, what does a grand get me?

.08-.12, you had better hurry though. Big things coming in the next couple months.

staking.linkpool.io/dex

0.04 LP is ~1.9 ETH, which is ~$410.
LP shares come in denominations of 0.04, so you can either buy 0.08 for ~$800 or 0.12 for $1200.

Cool just staked my fake LINK on Linkpoolio, can't wait to earn some sweet fake rewards

It's not binance

etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x6c00887f34c017aa1febb9e5da8ef9d0cb264c2f

docs.chain.link/docs/decentralized-oracles-ethereum-mainnet

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>.04 LP

HAHAHAAHAHAHAHAHAHAHAHA

Now, is there more risk with LP since we dont know what staking alternatives there are?

>we dont know what staking alternatives there are?
All the nodes listed by chainlink are professionally ran and going to provide pools

LP is the oldest and most trusted pool. Coinbase has listed LINK in their custody service implying they will have a staking service, but it's $1m minimum. Lead LP developer is part of the core Chainlink team and contributes to their codebase.

This is a big assumption. Seems far more likely those nodes have their own LINK stack to act as collateral.

>This is a big assumption
Not at all. They're all experienced staking services, currently providing staking pools for the likes of tezos or cosmos. Check their websites and ask on their telegram, most of them have confirmed it already. Some of them will also provide NaaS services.

brainlet here, how do burgers buy linkpool shares on DEX? Do I just tell them I’m not a US citizen when the pop up asks me much like a 10 year old confirms he is 18 to watch porn, or do I need to use a VPN? I’m obv newfag as fuck to all of this but I have pulled together a stack of linkies and would like to get a small share before I’m priced out

> Do I just tell them I’m not a US citizen when the pop up asks me much like a 10 year old confirms he is 18 to watch porn
yep

no your fucked

Linkpool has the pop-up so the SEC doesn't come after them.
The SEC doesn't go after the small retail investors (in fact they're trying to protect them from scams). They go for the issuers of illegal securites.
So a burger buying LP has nothing to fear. This stuff is decentralized anyway, there aren't ETH addresses flagged as "Amercan" and excluded.

Absolute retards.

Ignorance will not save you from criminal charges in the worst case scenario, and ignorance won't save your LP and staked links from being forfeited when they are forced to implement KYC in the best case scenario.

Nice reddit spacing. There are no Linkpool accounts, only ETH addresses and the US government doesn't have the authority to implement KYC for every ETH address. Worst case scenario is an IP range ban, which can be avoided with a VPN.

where, in this thread, is evidence to prove that?

>There are no Linkpool accounts

There were no IDEX accounts either retard. How'd that work out?

Please ignore me though. In fact, I hope you triple down. I hope you put every last cent you have into it.

> the US government doesn't have the authority to implement KYC for every ETH address. Worst case scenario is an IP range ban, which can be avoided with a VPN.

LMAO. Imagine being young enough to believe this.

Take your meds, Rebecca.

>boomer uses reddit spacing and doesn't understand how cryptocurrency works
typical

Nice intimidation tactics, Spook.

i don't get this isn't link dumping?

you are allowed to; you aren't a US citizen

Burger here. Fat .04LP stack

thought so

Maybe cause binance dex x kyber

SOURCE YOU NIGGER??

>US resident with an H1B

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Source me up sempai

How many link will one be able to stake with .08 LP

here
Not very much when staking goes live. The team projects after 6-12 months 1 LP will be able to stake 10k.

LP will be great as a poc of LINK, but they will not become big. Way more big players in the field that can overtake LP in a matter of days. Be ready to sell your LP shares the moment binance and coinbase (maybe google) role out their oracle service

You understimate the relevance of several aspects of the network:
1) Its decentralized nature. You need several big collateral stacks putting skin in the game for derivatives. Monopolies are not allowed here
2) The significance of early reputation and how becoming a "reputation provider" is going to be very profitable. The biggest incentive to list your node in Linkpool's marketplace should be starting to build reputation score from the beginning

I wish I could share your hopium, but IF Link does what Link is supposed to do, LP will be irrelevant pretty soon. Auditors and old boys have the reputation out of the box and better connection. I wish Linkconnect good luck but I highly doubt they will be more than a poc for big dogs watching

Cringe

thats me

Wow, we're going off, holders are increasing exponentially.
How long until you join the elite club of Linkpool shareholders, user?

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>410 to 416
>exponential

$10m of Link staked per 1 LP? Seems juicy

Yep, exponential.

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Oh yeah? Well how about you start to try and consider the fact of the matter which is that the number of unique addresses will be +1 as soon as I get my sibling to order a ledger so I can give them what I have set aside for them

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DING DING DING boing boing boing

link pool is a scam because since theres KYC stake doesnt matter

The interesting thing about the distribution bar is that it is going up in increments of 15 LINK at a time. So whatever the transaction relates to, it costs around $30 at the moment. I think it must have something to do with the upcoming marketplace. Remember Sergay and then the LP team stated it would be live at the end of July or the beginning of Aug.

Good spot, user

You might be onto something, bump

Nothing. Sell and get into PNK if you want to make it, fren.

Pure speculation here, but this could be something like a one time listing fee on the marketplace. From conversations i've read on the LP telegram, it sounds like we will probably find out very soon.

That would make sense

I welcome your sibling into the elite club of LP holders and respect his individuality. Why shouldn't he count as a unique address, just like the unique person he is?
May he have iron hands holding his digital assets.

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Cope

Can confirm

jonny debases dugongs

Except binance or coinbase or Google is going to run their nodes on linkpools NaaS or managed nodes. The mantra is "don't build of you can buy"
Everyone already uses SaaS, now theyll just use NaaS too

>Coinbase has listed LINK in their custody service implying they will have a staking service, but it's $1m minimum
coinbase also partnered with Linkforest for staking. Too many anons think they need to buy LP share for staking not realizing dozens of pools will come online in the next few months and will compete to make the best pool features. Not worth paying hundreds for a fraction of a share in a pool that isnt the only one.

The staking pool is just one of the products of Linkpool

I dont get it

What is the marketplace?
Dont white paper me pls