LinkPool

>October 10th, 2020
>Chainlink staking is finally live on mainnet
>Everybody realizes that only the top tier node operators get any jobs
>Everybody is scrambling to find node providers with open LINK slots in their nodes for them to stake
>Only shady websites have open LINK slots in their nodes
>Coinbase charging a 40% operator fee for all LINK staked in their nodes
>Binance charging a competitive 35% operator fee for all LINK staked in their nodes
>Anons are getting desperate
>Staking LINK in Coinbase nodes because "well it's my best option, at least coinbase nodes get jobs, i guess ill give them 40% of the LINK earned"
>Meanwhile
>Be me
>Staking 10k LINK in a LinkPool node since day 1
>Earning fees from all LinkPool nodes
>Earning fees from all ETH 2.0 nodes on LinkPool
>Earning fees from all Node As A Service nodes in LinkPool

Good luck finding a node operator with open LINK slots in their nodes that actually gets jobs, user.

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>falling for a horse fucker scam when old money wants the cake
woke

LINKpool eventually opens up though, eventually node operators will be incentivized to lower their cut for LINK they don’t own as much as they can to complete the most amount of jobs.

>Who is LinkPool?
Oh nobody, just the #1 most used node operator in existence right now on Mainnet
Only created by a Chainlink developer

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I feel so comfy. Its like I have it all figured out.
Its just the waiting and I forget this many times that I even own link and lp.
Sometimes it all just feels like a dream that I can stake my linkies with lp.
Like it will never happen.
>1000k EOY

Look at the nodes running right now you moron, linkpool has a large share but it’s nowhere near a true majority.

Yeah I'll just stick to buying more link but thanks anyway

I wish you all the best of luck in finding a node service to stake your LINK in that actually gets jobs.

I sincerely mean it. I hope that everyone can find a way to stake their LINKs in nodes that actually get a decent amount of jobs.
It is going to be extremely competitive, though.

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Good luck if you bought this scam
Because:
1. Johnny rims horses
2. Token is a security, indisputably
3. They made the only exchange that allows it to be bought and sold and think the sec hasn't heard of VPNs.
4. There is nothing stopping them from dumping the 75% of tokens they own at any time. That's right it's worse than Chainlink.
5. Spend 40eth on one LP and you get to stake 5 link, fuckity wow
6. There will be other pools when staking finally arrives, and they won't charge you 50eth for the privilege
7. Their feature allowing other nodes to use their contracts to stake actually reduces the % that linkpool would get instead. That's right, they fucked themselves
8. Fuck all liquidity so good luck when Johnny decides to dump his 3k tokens on the dex that HE RUNS hmm sounds fine right?
9. STOP IT HE'S ALREADY DEAD

burger here
how much $ to get enough LP to play with the big boys?

It would be like 12k USD to stake 10k link

1 LP = 10k LINK staking rights at launch

As another user said, eventually they will open up LinkPool nodes to non LP holders.
But as they've said many times, LP holders will get priority access to staking every last drop of LINK that they own before nolinkpoolers are allowed to stake in LP nodes.

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Coinbase, Binance and even Kraken, Bitstamp, Bitfinex and fucking hitbtc have better backing by classical institutions than Stinkfool. All they got is horse pussy.

The moment staking goes live, sell all Linkpool shares

Burgers aren't allowed to own LP or I would have bought at launch.

No big deal though, these Euroqueers are at the top right now. Plenty of competition will be ready to go and LP shares will drop like a rock. The ChainLink team has repeatedly said that they want everyone to be able to stake at they are going to make it easy as fuck. There will be plenty of API pools you will be able to subscribe to.

If you are a developer, which nodes would you use?

One's managed by a company who's sole purpose since it's inception was to provide a top quality LINK node service, created by chainlink developers
or
One that's one of 10,000 side projects at a major company

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And that's assuming Binance and Coinbase will offer staking because staking with CL isn't like staking eth or tezos.

If you're a burger make sure you lube up when the sec knocks on your door

We know binance is gonna be a node operator though.

source? would be happy to be wrong.

I didn’t save it but there breadcrumbs in the archives, houbi is a known node operator that was added recently though.

Obviously the one the banker or technical blockchain advisor recommends, which will be the one closest to the bank the company works with. So probably Coinbase

So no confirmation, just breadcrumbs. I know it was a theory here but I honestly have my doubts they'll be node operators. Just considering they are already data providers and will use Chainlink nodes for their own data.

You use the node with the highest quality data and highest rep. But obv the data needs to fit your needs.

Linkpool won’t provide every sort of data, if i need weather data i’m gonna go with the node that getting feeds from accuweather and NOAA.

binance and coinbase will both offer staking, LP is literally a scam so the founders can buy more link

No, that's not the right answer. Companies can take it seriously too, the right answer to the FUD of Coinbase / Binance / Whoever node taking the market share of Linkpool is the following:

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 collateral 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 since you will be distributing the SAME amount of LINK among MORE stakers. That's why Coinbase having their own node it's not a valid fud. They will stablish a limit of LINK to be staked that will be dynamic on demand.

Therefore the smartest thing to do is either what Linkpool did, (to attach their staking allowance to a token that represents your staking rights on their node) or set a limit in order to enable a first-come first-serve service. That means that either you are fast as fuck getting in or you pay for a token that allows you to stake.

>I would have bought at launch.
>Plenty of competition will be ready to go and LP shares will drop like a rock.

this cope

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Source or proof that Coinbase or Binance will offer CL staking. That's all i'm asking, Gagandeep.

Depends on how much jobs they’re getting though and the frequency. You’re correct that early on staking will be competitive, but if they don’t have enough LINK to stake their not gonna get the job and someone else is gonna rise up and get it.

I believe it is:
200 - 800 per LP at launch.

Working up to 10K+ over the first year of staking.

I have a node as a service run by linkpool. Its verified by the chainlink core team. AMA plebbit