Friendly Reminder For Newfags

[Anonymous No.30438298]

The LINK token is required to be staked as collateral in LINK nodes.
This collateral must meet or exceed the cumulative value of the smart contracts that it supplies data to in order to establish a trustless environment as defined in the Chainlink whitepaper.

These smart contract values are things like Aave (5.2B TVL), SNX (2.5B TVL), and of course the hundreds of other projects that will rely on Chainlink data feeds.

Therefore, the marketcap of LINK must meet or exceed the cumulative value of all smart contracts which rely on it for data.
We're talking hundreds of billions to trillions, assuming smart contracts continue gaining traction and crypto doesn't collapse entirely.

[Anonymous No.30438342]

>>30438298
thats why im dumping it once its done pumping. if you can even call this a pump.

[Anonymous No.30438387]

>>30438298
>Why isn't LINK hundreds of billions to trillions marketcap right now?
Because this staked collateral is known in laymans terms as staking. And staking has not been released yet.

[Anonymous No.30438537]

>>30438298
reminder, its all a bunch of bullcrap. staking is IMPOSSIBLE! Adoption not needed! Only reason it got this far is because of a buch of deluded maniacs buying the tokens from all the DUMPERS!

[Anonymous No.30438658]

It-it's not too late??

[Anonymous No.30438703]

>>30438387
never will at least not this year, not in the foreseeable future either. be thankful its not out yet becase it would be a FLOP!

[Anonymous No.30438839]

>>30438298
Hey look another Link Corp thread. Top wallet holders are dropping can’t wait to see all the threads coming soon

[Anonymous No.30438906]

>>30438537
>>30438703
>>30438839
very thoughtful rebuttals. thank you for the bumps sirs

>>30438658
no fren

[Anonymous No.30438908]

link should be $100 roughly right now or 40b mc considering it secures roughly 40b of defi

clown market can pump ada with no use to 40b and DOT but not link

fundamentals dont matter, get a brainlet npc friend and invest in whatever they do because they will invest in the hivemind

[Anonymous No.30439469]

Comfy

[Anonymous No.30439705]

I understand why people shill coins, but why do people shill against coins?

[Anonymous No.30440216]

>>30439705
because they are worried about some stranger's financial safety

for suuuuuure