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Don't forget why we're here frens

It's not just about personal wealth, but about breaking down the barriers of trust and information asymmetry in the global economy

A permissionless level playing field driven by autonomous externally-connected Smart Contracts

#Chainlink $LINK
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ChainLinkGod.eth
@ChainLinkGod
It seems many people think $LINK won't have cryptoeconomic security until staking is released

This is not true

#Chainlink oracle networks today are secured not only by nodes reputation on the line but also by the opportunity cost of losing future income if nodes act maliciously
Malicious nodes would be removed not only from the oracle network they attacked, but ALL oracle networks they serve as they have proven themselves unreliable

These nodes lose ALL future revenue in the #Chainlink economy, which is substantial given the P.A. and utility of $LINK
The current tranche of Chainlink nodes used in production by #DeFi projects on Ethereum mainnet today are security-reviewed, sybil-resistant, and fully independent nodes which are run by leading blockchain devops and security teams

feeds.chain.link
Read 8 tweets
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ChainLinkGod.eth
@ChainLinkGod
Never ceases to amaze me how little due diligence your average investor performs, even the thot leaders

All the info is available for anyone to find, but you have to be willing to deep dive into the never-ending rabbit hole while keeping an analytic yet open-minded point of view
A major reason why $LINK was hidden from normies for so long is because of the major misinformation campaigns we performed in the early days

Sorry not sorry, but this is exactly why you need to DYOR, the incentives were staked against you as we accumulated linkies on the cheap
Don't take my word for it just because I'm a prominent $LINK account, please do your own research and think for yourself

In time you will understand and contextualize the truth for yourself, because if you don't, you will sell FAR too early

My ducks are in a row, are yours?
Read 3 tweets
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ChainLinkGod.eth
@ChainLinkGod
Been reading into the DeFiMoneyMarket.com whitepaper some more

The DeFi Money Market protocol tokenizes real world assets and enables anyone in the world to earn stable interest on their savings in a permissionless manner

$ETH $LINK #DeFi
The smart contracts reside on #Ethereum enabling composability with the rest of the #DeFi ecosystem

Attestation of real world assets backing the DMM ecosystem and the valuation of such assets are securely delivered by a decentralized #Chainlink oracle network
Details about the real world assets backing DMM tokens are kept on-chain for transparency (loan information is anonymized)

DMM tokens conform to the ERC20 standard and are overcollaterlized

Users purchase DMM tokens with $DAI or $USDC stablecoins (soon other crypto like $ETH)
Read 10 tweets

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