Enjoy your rewards, stakekings

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thanks user

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At this point we all know LINK’s power and that just the price of it alone will make people on this board millionaires for holding 10k, maybe even 1k. Which is awesome.
What I’m worried about is how staking will work. I’m an amerifat so I couldn’t get into Linkpool. Will the rest of us generate any kind of substantial passive income? I don’t want to sell my LINKies, I want to live off staking. And from what I’ve heard it seems like Linkpool is going to mog those of us who stake individually.

You will be able to stake on linkpool after the stakekings are able to stake their whole stack

Can someone explain to me how this process will work? Why is it so obtuse? Why a third, unaffiliated party? Why do you have to buy LinkPool Tokens?

The real question is, how high will the price of 1LP go.

I might never sell my shares of lp

will staking be announced at the smart conference at the end of the month??

Staking is one of things people won't shut up about, and if we don't get some good news on this price could tank.

Inversely if staking IS announced, $1000 eoy is fud.

if there were no lp tokens payouts would be too low because there will not be enough demand to stake all the link

LP I believe is more like an actual company, their tokens are more akin to shares and the initial sale was to front them capital to build their staking platform. Thus you have partial ownership of said platform and reap the staking rewards indefinitely should they succeed (as you receive a share of all profit proportionate to the number of tokens you hold). It’s also a mechanism for gating in the early stakers, as jobs will be limited and competitive in the early days and LP naturally wants to onboard its holders first and let others in once the network has expanded to accommodate more jobs

HOW HARD IS IT TO CLICK THE FUCKING BOX SAYING YOU’RE NOT AN AMERICAN

I fear the scope of power and reach of the (((IRS)))

Have 3 LP and can only stake 3/5ths of my linkies. Better than none, though

Burgers who bought, whats your plan? I doubt the SEC comes after us considering its such a small% but at the same time what do? If it comes to that ill just sell to eth and wash trade it

I have 500 LINK, should I bother adding any of mine to uniswap's liquidity pool?

thank you

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We're already getting $450/LP per year with no staking. I think even 0.04 will be beyond any reach soon

renounce your american citizenship and move abroad. With the money you'll have that shouldn't be a problem, even if you keep residentship in US

This

Can someone explain to me, in normiefag terms, how I can go about staking? Buying a LinkPool token, how this process work?

install metamask as addon on your browser and you can buy a share here:
staking.linkpool.io/dex

No you might convert your link to paired one and it’s bad when link is pumping

>not owning 1000k

Wise user. Don't worry though, all major exchanges will offer staking services of some type once it goes live. You'll be able to find a good home for your linkies.

Well I’m accredited now and as long as ChainLink stays around this and goes up, I’m allowed to hold unregistered securities. Accredited investors are just based on income or net worth. If your crypto is worth enough, doesn’t matter that it’s unregistered. Shhh don’t tell normies

lmao I remember this being just a meme last year. How much do you need to get accredited, 100k?

t. yuropoor

200k+ income (steady tho like for 2 or 3 years) or a mil net worth

SOON

lol serious? man these security laws are made just to make the rich richer and the poor unable to become rich. Truly disgusting

Chainlink is a Zig Forums meme to siphon money out of the hands of the already desperate. There is a common pattern of heavy shilling when this pumps, and after early Zig Forums whales have sold, silence for months. generally, this happens 1-2 times a year
Stinkies compare Sergey to Jesus, they worship Saturn and endevour in other blasphemies (like telling anons to put sharpies how up their anus to get free link which is never sent) which marks their impending doom (and financial ruin)

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At 0,04 you can stake 8 ~ 16 LINK tops

>staking.linkpool.io/dex
Hold up, last time I checked price of 1 LP was between 20-30 ETH. And now it is only 70 ETH while Chainlink has quantipled in price?

Check it again buddy, people are buying for 130 eth