Discover and read the best of Twitter Threads about #linkmarines

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Tired of @chainlink Tokenomics FUD? Ready to start thinking for yourself? If you're done with being a follower and ready to DYOR thisšŸ§µis for you. 1/25 @ltoadnft #notfinancialadvice Image
What is tokenomics (token economics)? You can find a few different definitions but it really means; will the token go up based on the design of how it is used. Some tokenomics are gimmicks like "token burn" why would you need to "burn" something that is already in high demand?
Imagine burning a rookie Michael Jordan basketball card just so the remaining ones would be more valuable because "now there's even less". Sounds maybe a little silly no? If there's true DEMAND why you burning it šŸ¤·ā€ā™‚ļø
Read 25 tweets
@chainlink is one of the most important, yet least understood, pillars of the #crypto ecosystem

It currently serves a vital role for DeFi, NFTs and L1s/L2s, and may ultimately be the unifying layer of #Web3

Hereā€™s why $LINK token has the potential to 50x to 100x

šŸ‘‡

šŸ§µ Image
2/

Chainlink is a ā€œdecentralized oracle networkā€ that allows blockchains to connect to real-world data (weā€™ll explain this in a second)

It has a market cap of $3.6B, FDV of $7.2B and its $LINK token trades at $7.15

During the last #crypto bull market, the price exceeded $50
3/

This thread will cover the following:

ā€¢ What is an oracle?

ā€¢ What problem does Chainlink solve?

ā€¢ How does it work?

ā€¢ What is Chainlink 2.0?

ā€¢ Who are the key players in the ecosystem?

ā€¢ What are its #tokenomics?

ā€¢ Whatā€™s the potential value of #LINK?
Read 41 tweets
1/5 HilošŸ§µĀæQuĆ© es Chainlink?
Uno de lo proyectos que mas me gustan como inversiĆ³n y mayor relevancia que ha tenido en el ecosistema de DEFI es #ChainlinkšŸ’ fue fundado por el actual CEO @SergeyNazarov
No por ser un protocolo de LendingšŸ’°, Yield FarmingšŸ‘Øā€šŸŒ¾ o Liquidity Miningā›ļø
2/5 Si no mas bien por proveer un servicio que resulta vital para estas y otras plataformas. Chainlink es una red de OrĆ”culos DescentralizadošŸŒ, SegurošŸ›”ļøy RĆ”pidoāš”ļø, que permite a los Smart Contracts conectarse a fuentes de datos externos.
3/5 Esto es una de las herramientas que usa la tecnologĆ­a blockchain para interactuar con el mundo fĆ­sicošŸŒŽ, Chainlink permite llevar la informaciĆ³n del mundo real a la blockchain permitiendo de esta manera a los Smart Contracts ejecutar acciones de acuerdo a esta informaciĆ³n šŸ“”
Read 9 tweets
1/ World, Meet ARC - A Synthetic Asset Game.

Composable debt is here.

The idea is simple, you can create a synthetic debt dollar from any collateral type you want via separate asset pools (i.e. a LINK pool, a RENBTC pool, etc.)

defiweekly.substack.com/p/world-meet-aā€¦
2/ Weā€™ll be kicking things off with LINK as the first collateral type. This means that you can use your LINK tokens to mint synthetic LINK dollars (LINKUSD). Oh and did I mention we use LINK oracles as well? #LINKMARINES
3/ Thereā€™ll be many more collateral and debt products but the end goal is to have a universe of debt products. Ultimately youā€™ll be able to decide which kind of product you hold and use based on the underlying risk profiles of the debt.
Read 6 tweets

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