SOMETHING DOESN'T ADD UP. A REAL HEAD- SCRATCHER.
WHERE IS THE TRANSPARENCY BY CL LABS? HAVE THEY ALREADY EXHAUSTED THEIR 30% TOKEN SALE ALLOCATION AND NOW SEE IT FIT TO DIP INTO THE NODE OPERATORS' 35% STAKE? OR ARE THEY COMINGLING TOKENS AND ESSENTIALLY ARE TAKING 65% FOR THEMSELVES TO FUND THEIR BLOATED, NON-SUSTAINABLE COMPANY? 700+ EMPLOYEES AND HIRING. ARE NODE OPERATORS STILL UNABLE TO SUSTAIN THEMSELVES AFTER 6+ YEARS ON MAINNET? WHY ARE THESE QUESTIONS NOT BEING ASKED TO SERGEY AND THE REST OF THE CL LABS TEAM?
WHERE IS THE TRANSPARENCY ON HOW CL LABS USES THEIR TOKENS? TRUTH>>>TRUST
something is stinky with chainlink
>>60530331 (OP)Wasn't it around 70M per year, meaning full dillution around 2030?
>>60530331 (OP)>smartcontract.com>manual ICO distributionit was obvious from the start
>>60530331 (OP)This is actually concerning. If chainlink is profitable, which I very much doubt that they are, they will need to continue dipping into the reserves.
Also, why haven’t they opened up the network to allow anyone to run a node and earn income? My theory is that they haven’t worked out how nodes should reach consensus on the data.
It’s been almost 8 years. If any anons know the reason for this, please share!?
>>60530331 (OP)>NOW SEE IT FIT TO DIP INTO THE NODE OPERATORS' 35% STAKEWhat are you yapping about kek
CLL have been paying nodes since 2019.
>>60530377Look at the system they call “staking” and you will see your theory is an observable fact
>>60530331 (OP)BEEP BEEP
microwavebeepat3am dot xyz
if u fade u will legit die anon
tg is microwavebeepat3am
the site is enchanted with this incredible relaxating embodiement fo reality
ez xes
>>60530377i don't know the reason because i don't care about whatever chainlink is or does, but i do know about start ups not delivering the things they said they would in a timely fashion: 8 years is rdiculous, don't waste your time. that's star citizen or nikola tier
Uh oh stinkies.
Sirgay is dumping again on Binance.
just buy the dip like the good cucks you are
>>60530377Check. I'm actually very concerned.
>>60530331 (OP)Isn’t this how they have subsidised the node operators with all the tokens being put through Binance first? Otherwise there is 0 evidence of any subsidisation which is obviously happening
>>60530331 (OP)The number of tokens is sufficient to ensure that it never increases much compared to the current market capitalization. Do you realize what 1 billion tokens represents in the end ? is not made to reach astronomical sums, it is for institutions.
itsogre
md5: d3870827bfa9988967dfb13d4085ed98
🔍
>>60530331 (OP)brother, LINK currently sits at a 6.2 year low against BTC, it's unironically time to let it go
move on, stop posting about this utter failure, stop giving (You)s to paid shills, it is EXACTLY what they want and expect from you, positive sentiment has been completely destroyed and the only thing they have left is spamming this god forsaken board to death with a million threads, seeking to keep LINK relevant
just stop giving them what they want anon
>>60530939there is no bottom, next stop is 8k sats
>>60530790i think it's safe to say we're all fearful, uncertain, and doubtful about the future of Chainlink
>>60530968Indeed my fellow marine, I even might unstake and sell my ChainLink tokens from the ChainLink token pool.
>>60530968>>60531036What language do you speak at home? Bulgarian? Kill yourselves
WHAT DO THE PAID SHILLS HAVE TO SAY ABOUT THIS? THEY ARE NOTICEABLY ABSENT FROM THIS THREAD.
1girl
md5: 23f6c21e52e015753f3e4b240904b8fe
🔍
fuck stinkies
fuck em alllllll
fuck
em
all
>>60530331 (OP)>retards finally start to realise that people saying ChainLink is a scam weren't lying to them or trying to "FUD"Kek how embarrassing. Just die with your shitbags at this point.
just bought 450 chainlink ticker links. totes ready to go
we all own link. if you know about link you literally have no reason to not hold some link, most fuddies are probably link marines that bought at $50 and remained baggies all these years and they're foaming at the mouth when they see people discover link and want to buy at atl.
>>60533621>most fuddies are probably link marines that bought at $50 and remained baggies all these yearsTHE ONLY SHILLS CHAINLINK LABS HAS LEFT ARE THE TOPBUYING BAGHOLDERS WHO HAVE NO CHOICE BUT TO HOLD OR ELSE TAKE A MASSIVE LOSS
CARE TO ADDRESS THE TOPIC OF THE THREAD?
>>60533814Nigga you paid to fud. Drop the act
>>60534850WRONG AGAIN, KIDDO.
I ONLY CARE ABOUT CHAINLINK.
4387
md5: 0aa79ac52c034cba3ccc9d710c382be7
🔍
>>60534995based Nigerians DESTROYING this pajeet scam
ARE THE PAID SHILLS OFF ON WEEKENDS OR WHAT?
>SMARTCONTRACT.COM
>ENTIRE BUSINESS REVOLVING AROUND SMART CONTRACTS AND TRUSTLESS
ORACLES
>FAT FINGERING DUMPS INSTEAD OF AUTOMATED TOKEN MOVEMENTS
fuck linkies ahah fuckin hate em hate em loool stinkies suck fuckin lol pathetic hate em hate em fuck linkies hate em
>w-why aren't linkies sitting here on the weekend wasting their time on paid fudcucks like me?
Lmao, begging for attention from other men on the internet is extremely faggy behavior. That's before you even factor in that you're paid pennies to spam a dead board with fud all day, largely being ignored outside the same small handful of people that consider you to be nothing more than brown garbage while you project onto them about being a paid actor.
>>60536759I DO THIS FOR FREE ON MY MONDAY MORNING
CARE TO ADDRESS THE TOPIC OF THE THREAD? DIDN'T THINK SO.
>>60536758TOURETTES GUY IS THAT YOU?
BOB SAGET!!!!
chainlink’s original pie chart (1b link minted back in ’17) was **35%** earmarked for node incentives, **35%** dumped into the ico, and **30%** retained by smartcontract/chainlink labs for “development.” fast‑forward—those node‑incentive tokens never left a multisig ultimately steered by cl labs. on‑chain sleuths have watched the same wallets dribble link to cexes whenever payroll + marketing burns get spicy. functionally, that means the lab can tap **65%** of the float whenever they feel “strategic,” because the node war‑chest still sits under their thumb. yes, that’s commingling in everything but name.
why the subterfuge? because economics: node ops still bleed money. feeds pay out peanuts (single‑digit bips per tx) and off‑chain reporting slashed hardware costs but not to zero. after six years, only the giga‑nodes (ppllike chainlink‑automation, chainlayer, figment, etc.) keep lights on, and they do it with otc link stipends from the mother‑ship. the long tail either volunteers or runs at a loss waiting for “hyper‑scale” that, idk, keeps getting punted to next quarter with staking v0.2 narratives.
meanwhile cl labs sprouted to \~700 heads bc they’re a quasi‑saas shop now—ccip, data streams, tx abstraction, the whole modular‑rollup buffet. growth curve looks vc‑style, but the revenue curve? shrug emoji. so tokens = op‑ex. when the treasury address cold‑swaps 5‑10m link to kraken every month, that’s salaries + cloud bills, not altruistic node farming.
* the 35% “node reserve” was never truly ring‑fenced; it’s dev treasury part2.
* node operators aren’t self‑sustaining and probably won’t be until fees eclipse chainlink’s own subsidies—no line‑of‑sight rn.
* cl labs disclosures are minimal on purpose; admitting the above torpedoes the “decentralized oracle network” ethos.
follow 0x514910771af9ca656af840dff83e8264ecf986ca to binance hot wallets, it’s all public.
>>60536813>functionally, that means the lab can tap **65%** of the float whenever they feel “strategic,”SO BASICALLY THEY MISLEAD EVERYONE DURING THE TOKEN SALE WITH THAT BULLSHIT PIE CHART SAYING THEY WOULD ONLY DUMP 300 MILLION, NOT 650 MILLION
SUCH A SHADY ENTERPRISE. TRUTH>>TRUST, RIGHT MARINES?
does it really matter though? in the end they are selling worthless tokens that cost them nothing. if they ever run out, they'll just create a new one, which will be celebrated by retail idiots as a way to get in cheap again
>>60536813>>60536821>>60536977CLL have been paying nodes with Link for six years non stop now.
What the absolute fuck are you retards on about
>>60536997SO WHAT YOUR SAYING IS THAT THE CHAINLINK NETWORK IS AN ABJECT FAILURE THAT IS INCAPABLE OF SUSTAINING ITSELF AFTER 6+ YEARS ON MAINNET?
WHAT ABOUT ALL THAT SUPER SECRET OFF CHAIN REVENUE THAT THE PAID TWITTER SHILLS CLAMOR ON AND ON ABOUT?
Hours and hours spent posting on this board.
Still no decent memes.
>>60537759Also, Bitcoin has been on mainnet for 16 years and is still not self sustaining, being 97% subsidized.
>>60537831Don't argue with the browns. Just post memes.
>>60534995he forgot the payment abstraction layer argument. Did 0 aswel
>>60537831WHAT A DUMB COMPARISON. REALLY, SO DUMB
THE PURPOSE OF BTC ISNT TO ENRICH ITS FOUNDERS AS IS THE CASE WITH CHAINLINK.
>>60537996There go the goalposts again.
How much are you making to post on here?
>>60538007I DONT THINK YOU UNDERSTAND WHAT GOALPOST MOVING IS, ANON. ITS OK, YOU'LL GET THERE.
I DO THIS FOR THE LOVE OF CHAINLINK, NOTHING MORE
>>60538019First you moved from "tokens for the nodes are being dumped" to "network not self sustaining".
Then you moved from "network not self sustaining" to "enriching founders".
So how much is your pay here?
>>60538031MY GOD ARE YOU THAT OBTUSE? MY POINT IS THAT CL LABS HAS CONTROL OF 650 MILLION TOKENS TO WHAT THEY PLEASE WITH. WHICH IS 350 MILLION MORE THAN THEY LEAD EVERY ONE TO BELIEVE AT THE OUTSET. IN 2017, IT WAS UNDERSTOOD THAT THEY HAVE 300 MILLION TOKENS, FINE. NOT 650 MILLION.
IM NOT PAID TO BE HERE. UNLIKE THE SHILLS ON THE PAYROLL
>>60538088SEE THE IMAGE ON THE FIRST POST
>>60538096Explain what the problem is though. Be brief, use your own words.
>>60538096hes being retarded on purpose
>>60538096>35% going to Node Operators to Incentivize the Ecosystem What do you feel that should entail?
>>60537816losers like this guy thinks he can argue his way to a good investment
but...that's just now it works
see the chart kid
THE Cuckold of biz
PSA - no one who's attractive in real life ever uses the duuuuude you're moving the goalpost line
people would be so creeped out hearing someone say that in person
>>60534995>Copy post of arguments you can't refute>Wait a couple days>Repost it but replace some words with pidginSEE ALL FUDDERS ARE BROWN!
>>60530331 (OP)Sergej is working on the future of Finance to run all of it. 700people is nothing. Soon it will run on its own once crypto adoption is achieved. It's really easy. The roasties will all let go
Baggies are you okay baggies?