Steaking monthly return predictions? Is 5% possible?
Steaking monthly return predictions? Is 5% possible?
more likely 0%
chainlinks staking is different to the regular fake enflating staking on shitcoins.
chainlink staking will require you to actually participate in the network.
so staking is good for us but not the way you think.
if you plan to run your node the returns can be seen already each request is paid about 0.1 link.
if you dont run your node than the only way to make some link is by lending your link to a node operator pool.
either way we will all profit from staking b cause its a virtuous cycle that will grow the network. and since the rokzn grows with the network. we already made it
based and linkpilled
3% maybe. But it won't matter when the token bleeds back toward ICO price in 2021.
Buy Verasity. 35% APR on staking. Hasn't mooned.
kill yourself random shitcoinpeddler #8374783
>35% APR
Yes I know I'm taking low hanging fruit.
OP this isn't some funny money bullshit, in time lending your stack to node operators will be profitable, but the whole staking thing isn't gonna be so simple for us. It's probably not gonna be like clicking a button on ShitExchange112 like your other stakes
not only is it possible. it's fud.
It's likely that binance and coinbase will offer chainlink staking for the nodes they will run so it probably will be like clicking a button for us plebs.
Chainlink staking confuses me. I understand why it’s valuable to the network, but from the perspective of an ordinary investor it’s hard to speculate.
Surely it will have to pay more than crypto.com, to incentivize those who are capable, to actually run new nodes rather than parking their link into a lending platform.
Nobody outside the team knows how streamlined the staking process will be, but the way it sounds is that it will be like taking on the contract yourself, at least early on. Most Staking Wen? faggots will not be able to cope with this and will either do nothing (smart option) or try and fail.
No and you don’t understand basic finance if you think so
>No and you don’t understand basic finance if you think so
why?
Because a 5% return monthly for any investment is possible
If chainlink was returning 5% monthly its price would appreciate about 10-20+ fold until it had a reasonable 0.5-4% annual appreciation
I for one think this new greek style suits sergey and hope he uses extra virgin olive oil on his hairy bear body
people have to use it retard. RN even if you get 100% of the reward you'd still get ZERO
>If chainlink was returning 5% monthly its price would appreciate about 10-20+ fold until it had a reasonable 0.5-4% annual appreciation
So let's say I stake my measly 2k nulink stack.
In your opinion we might have a 5%monthy at the very beginning wehn the network is growing and when we reach a huge size it levels off leaving us with 0.5-4% annual gains?
Even that would be ok right?
2000Link*1000DollarsEOY*0.04gains*0.75(because0.25goes to LP)
= 60k Dollars a year.
Enough to retire in easter Europe.
I'd imagine initially given the risk and fewer number of nodes the return will be more than 5%, possibly 10%. There's so many factors though it's even harder to predict than the price alone, also will depend on what kind of contracts you're providing data to. Data that is more exclusive and for higher value contracts (derivatives) will have higher payouts whereas neet nodes will probably be doing more basic price feeds and time data/offhcain computation that can't be tampered with.
I think pooling services will be really effective especially for neets once staking starts to be phased in, it's my udnerstanding that pooling services and KYC nodes will get staking first before normie nodes to prevent reputation farming/sybil attacks.
But yeah pooling services like linkpool will be accessing higher value contracts from the very get go I reckon, because they've been vetted by link and are working with the team, plus will have 10s of millions worth of link to stake.
Oracles will be the new miners ;)
How much can i expect to get anually from 4k link
The way i understand things, you take the problem in the wrong way. Here me out.
Yes it will be about 5% probably, but 5% of what? The price of link itself, speculation bubble aside, will depend on how many money is paid yearly by the nodes.
For example if 1 billion is spender each year on nodes, each link will grant $1 per year.
Given the nature of the investment as said, people would certainly be ok to pay at least $20 to own one link, given that 5% is a very good ROI.
So if we have 1 billion dollar payload by nodes in a year, we can expect a $20 price for chainlink, maybe more if people think a roi of 3% is enough reward for the risk, maybe even more if we get some speculative bubble going.
Now how much dollars can nodes actually make each year when LINK is at full capacity? Only time will tell, suffice to say it might be enormous, OR it might fail miserably as most crypto project will.
Grow the network? Kek nobody is using the nerwork
Checked. I have no clue how much staking returns or price will be, as I said. Run the numbers in excel yourself.
There’s no numbers to run. No one is using it
I'm pretty sure the demand for decentralized oracles is in the trillions
Lookin comfy for my 22k stack. Just need to accumulate more LP
Staking economics is literally impossible to predict for chainlink
Since nobody has ever done anything like this before
I think there is just too many unkown factors playing into it that you could really make a reasonable guess
Are you aware of the fact that unlike PoS blockchains, with Chainlink if you stake more than the colateral requested by smart contracts you don't get more rewards? There is a limit for how much contracts asking for colateral you'll be able to serve. Once you pass that limit, if you let users stake you are actually cutting their rewards.
Let me be clear, if you serve 200 contracts that ask for 1 million USD in LINK as colateral at the same time, you will only need 200 million USD in LINK staked. If you reach that limit and you keep allowing your users to stake, you are not going to earn more, but instead your users will earn LESS. That's why the Coinbase having their own node it's not a valid situation.
Imagine Coinbase open their node for people to lend them collateral. Either you are one of the firsts doing it or you will probably won't be able to stake unless you buy some staking-allowance token from one of the staking pools. If let's say Coinbase or Stakewithus.link allowed users to stake ALL their LINK even when they don't need that much for serving job requests, their return percentage will be shit because they would be cutting their users reward by having to distribute the same amount of LINK among more users.
Buying LP is a waste. There will be a plethora of third party link staking platforms. I'm sure Coinbase will offer it. They will be competitive. You're throwing money away on LP
Again, see this post CoinBase won't save your day unless you are one of the first getting in. The moment they announce it a lot of insiders will be ready to stake after a few seconds, filling the LINK allowance. Chainlink staking is not the same as PoS staking
May be retarded but how does 200 weekly amount to 2000 for monthly? Makes no sense. Max monthly if 200 weekly would be 800.
If only there were a way to browse all available nodes and rank them by # of jobs run
That way you could see which nodes are the most used right now and likely to continue to be used as we move into Mainnet staking
If only...
This
Don't us the 1000 eoy meme in your calculations, it can be much more or much less depending on how massively used or how niche link ends up being