alright guys, linkpool question do people think it's gonna be more profitable to stake right when it's launched, or years in the future when linkpool staking no longer requires LP reason I ask is that there is an opportunity cost of buying LP if it means I have to sell LINK to fund it. so maybe it is better to just not own LP on the other hand, maybe the early staking rewards will be greater than the appreciation of the LINK token, in which case it is worth it to sell LINK now in favor of buying the linkpool token
TLDR: should one buy LP if it means buying less LINK
Linkpool was a good buy at crowdsale, it's an insane gamble at 50ETH.
Brandon Richardson
LP also entitles you to a cut of the fees the entire system generates. I think of the fees generated, linkpool collects 25% of that fee (while the staker/node collects the other 75%). Of that 25% fee though, that's then spread amongst LP holders.
That said, it's way too fucking pricey now to be worth it unless you have 25,000 link or more.
Jacob Evans
Your best bet is sending your LINK to AAVE and getting a loan to buy some LP. Then sell some LINK at the end of the year to pay off the loan.
William Jackson
Idk either. Got 18k LINKs and about $10k in shitcoins. If my shitcoins go 2x, I might buy half a LP. I'm hoping that at the smartcon some nodes will announce their staking plans.
James Butler
I might actually do this the benefits of having the token do seem nice, but yeah I would imagine holding LINK will have greater and more guaranteed profit
Hudson Martin
>I'm hoping that at the smartcon some nodes will announce their staking plans good point I spent so long thinking of what to say to this I give up lol
>do people think it's gonna be more profitable to stake right when it's launched You are missing part of the point of owning LP shares and that is being entitled to a portion of all Linkpool revenue from market.link, NaaS, the staking pool fees, the eth staking fees and the pooled nodes fees
LP shares are tokenized shares of the LinkPool's company with dividends being shared twice a month.
Jack Lee
45k link + 3 LP and im a very comfy boy. With staking you're gonna want to be as early as possible to collect as many link as possible, because after this is done mooning you'll be collecting 50 link a month instead of 500.
Oliver Torres
I only have 1 LP for my 50k stinks is that enough LP to be comfy
