>Constant improvements to the website >Devs proven themselves to be trustworthy and competent. >Contract code is open source, literally impossible to scam. >Just came out a couple days ago >Next app almost complete, will feed into the ecosystem and provide even more dividends to holders.
user, you DID stake your linkies and create your own Link faucet.... right?
I'm curious. Explain to me how to do this and what gains I can expect if I have a measly 50Link to invest (just to try it)
Also how often are rewards paid and what percentage rate would I earn?
I always see these threads, but no one ever explains that. All I ever see is the 10% buy fee and 15% sell fee - making it wiser to hold than to sell Link3d.. but no one mentions the gains..
Thanks
Kevin Stewart
OK Ill try to explain:
You buy into the contract with your 50 link, now you get a part of the whole pool. The pool is currently 34500Link, so with your 50 link you put in you own around 0.1% of the pool.
You paid 10% on your initial investment, so 5 links are gone. THIS links are getting distributed to all the other anons who bought already a part of the pool.
So lets say I now invest 100Link AFTER you. That means I pay 10Link as my initial fee to take part in the pool, so this 10 Link will be distributed to all anons - you are now one of them owning 0.1% of the pool.
If people sell you also get dividends and so on and so on. Its 3D and stuff.
Literal ponzi with the more likely outcome of these street shitters stealing the entire "pool"
Jaxon Ramirez
So, it's called an "Hourglass contract", first popularized by a dApp called "Proof of Weak Hands 3D". In this case it's called Link3D because it uses Link instead of Eth. The way it works is, the price of Link:Link3D goes up in a curve rather than linearly, thus the "game" is largely about getting in as early as you can. Now, the more L3D you have, the more dividends you earn every single time anyone either buys in or sells out. 10% of the buy in is distributed to all holders of L3D, and 15% off those who sell. What this means is, holding onto your L3D (delayed rio, long term gains) ends up giving more than short term, immediate gains. You can also reinvest your dividends on the dips to increase the rate at which you receive dividends. Now, inevitably, the volume + price curve becomes outpaced by pressure to take profits, and the Hourglass "flips" so to speak, and people take profits and sell some or all of the L3D position. However, this works in the favor of those who Hold as well on two levels: The fat 15% fee that is distributed as dividends, and the fact that those dividends are now being split among a smaller group of people. The first flip has come or gone more or less, I think we like 50K LINK in the contract, and now we're at about 35K now. What you have to keep in mind is that was only the first of many, many flips, and you want to be on the ride while this is happening. I bought in around 20K and the divs have been very nice so far. From what I've gathered, P3D topped out around 4 months in, and that was without more dApps being developed for it, which Link 3D is doing as we speak. The team is actually great, and after seeing the shitshow going on with Bat3D right now, their competence is even clearer. Hope that covers it. My advice would be to buy in closer to 30K, I think that will be the point at which it flips again, but who knows.
Evan Foster
Yeah it is. Same as POWH3D. I was in the there in the early days sadly pulled out way too early and didnt look back into it.
If the contract is solid those things can run as long as the token exists. But you are right if its corrupted well your "investment" is gone.
So far nobody discovered a flaw in the link3D contract so Im hopefully optimistic this thing can be somthing to follow POWH3D
Thomas Harris
how do i stake link
Tyler Torres
link3d.io/divs
Colton Robinson
Kek dude that the definition of a ponzi scheme. Doesn’t matter how much terminology you try to mask it, those are ponzi scheme mechanics ahahahahahahhahahahahahaha.
James White
As I understood the developers want to publish a shitload of dApps and the revenue gets distributed to Link3D holders
Eli Fisher
We know, the point is that it's a ponzi scheme that keeps on giving. Besides, life is a ponzi. Faggot.
Most of my stack is on CDC and I'm earning about .25 Link per day there. However that's with most of my stack in contract.
You've earned more in 20 hours than I would in the same time frame, with 1/30th the amount of link. So I think I want to experiment and put in maybe 200link and see how it goes.
Thanks dude
Julian Perry
yw man. Yeah the reason it pays this gud its because its a ponzi one can't deny that fact. So you cant really compare it to CDC. Also at the end of the day its a contract made by anonymous people and I dont know anything about contract coding so Im on the mercy of other "devs" telling me the contract is OK, so better step in with only one toe even tho it looks promissing in returns.
Good luck user.
Jace Baker
This is a scam and anybody holding Link would do well to avoid it. Avoid Link3d at all costs.