/biz/ - Business & Finance

Not a price discussion, not a fud thread.

Pic related is the reputation.link reported LINK earned and spent on transaction fees by LINK nodes over the last 7 days.

Correct me if I'm wrong, but this puts operating a LINK node at a net negative e.g. there is no money to be made given the enormous ETH costs. Or do node operators not pay the transaction fee costs?

Other things worth discussing: Amount secured has dipped from a peak of ~3.3B to now 2.5B. Most of that was drained from Synthetix. Though, since July still impressive gains have been made in the total value secured which looks like it's largely coming from Aave/yield farming.

Does the $2.5B secured require like-amount collateral? Anyone know how the collateral required to keep that amount secured works?