De-fi summer?

Best time to buy is right now. You can tell because of how slow this board moves. Johnny Huxtable said he predicts the total amount of LINK staked is going to be 98.5%. He works closely with Chainlink. Chances are he didnt pull that out of his ass. Think of what that means for every other project besides LINK. Imagine selling an NFT to someone through paypal. They(a normie) spends $8k. You receive the cash in the form of ETH, BNB, AVAX(ew), or whatever the fuck you want. Paypal will get like 2%. Now think about just the NFT games alone. Imagine the first MOBA that all cosmetics are NFTs. It all begins this summer.

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Source for 98.5% imagine the supply shortage and what it would mean for price.

i believe the price will go up :^)
could be wrong though :^)

>NFT
>NFT
>NFT

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Johnny did not say that

Ill grab the proof for you. What will you say if he did?

Johnny Trims Horses.

i will submit 1 (one) piece of vintage fud as a counterpoint

I think he got that from that investment thesis thats been going around the last couple days. It's not like jonny to say things like that, though. Coincidentally, 98,5% is also the rate at which the lpl token is staked so I'm thinking it's just a mix up.

For the life of me I am trying to find a way to link this podcast. If you can access it you will find the information I stated.

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98.5% will be staked? Isn't the apy 3%?

Imagine the liquidity issues when you go to sell that single link for 100k

that's only if 97% get staked. if 98.5% are staked then apy will only be 100-98.5=1.5% :^)

Timestamp NOW you little slut

there was a problem a few months ago (probably still is) when trying to buy LPL tokens liquidity was shite and volatility swings were present. geez this could be a real problem

Imagine the liquidity issues when you sell that single BTC for $50k+.....

Get me a link to the podcast and Ill give you a timestamp. I'm retarded.

Isn't that assuming every holder stakes their coins pretty much? 98.5% of the supply is 985,000,000 tokens. Which leaves only 15 million coins unstaked. Seems way too optimistic in the short term, but maybe over the span of a couple years we'll see 80-90% staked.

I think we will reach over 90% faster than you think. You think all the top 1% wallets are going to just not make free money off of their network ownership? Even the LINK marines with 1k stacks will know to stake and make free cash.

What options does the layman holder have for steaking if they don't hold LPL though? There will be limits on who will be able to participate at the start unless you are a node operator yourself right?

LPL is just one avenue. There will be many different choices for anyone to use. Ide expect Coinbase to have its own network where they make profit off of LINK. They can tell the "normie" holders on their platform they can get 5-6% apy staking. While Coinbase will be making 20% apy+ themselves. There will be plenty of competition, just stick to who is trustable.