A thread on key differences in pricing dynamics between Chainlink and Blockchains like Ethereum

Comes down to what drives user fees

For gas tokens like $ETH, every bit of blockspace costs the same. Doesn’t matter if the transaction involves $1 of value or $1 Trillion

1/n For Oracle fees, the $LINK cost varies

Potential reasons for fees to vary

Different services - Price Feeds vs VRF
Different subsets of data within a service - $ETH vs $AAVE price feeds and basketball game results vs Football
Same service but different network #BSC vs #AVAX

Chainlink today released more information on $LINK Staking, including a roadmap and details on yield %s for the community 👀

Heres my initial thoughts on this huge revelation, there's a ton of exciting details in this blog post

1/n

blog.chain.link/chainlink-stak… First, a summary:

$LINK staking to be released in three stages
v0.1 -> reputation framework and alerting system
v1 -> expand reputation framework to include more metrics and add slashing
v2 -> expand beyond price feeds and add Loss Protection

Going to tweet real-time thoughts and insights from digging into @linkpoolio new chainlink analytics dashboard market.link

First off, congrats to the team for getting this live. This is HUGE for the entire space to see, and a joy for data-minded folks like myself Where to start, so much good stuff here.

Night mode ✅
Filtering by oracle service type ✅
Real-Time updates ✅
Different Time Ranges ✅

In my experience, with data like this, there's near-infinite permutations of how you present the data. Don't expect every one of them

With the bear market fully upon us, I wanted to write a thread on why I have great respect for what @chainlink @SergeyNazarov and team are doing from the perspective of building a start up to achieving a grand vision for the future of crypto

A masterclass for entrepreneurs

1/n 2/n
First I'll jump into the "team is dumping" criticism

Yes, they've sold ~100M coins since 2018/2019
Yes, this suppressed the price

As an ICO, chainlink eschewed traditional startup fundraising. No pre-seed, no series A, etc.

Free market trading of $LINK allowed for this

Key difference between @Platypusdefi and @CurveFinance tokenomics

Curve requires you to lock your $CRV to turn them into $veCRV - max four years

Platypus has no locking, so your staked $PTP is liquid

Instead staking earns you $vePTP over time, which is nontransferrable @Platypusdefi @CurveFinance Locking tokens for years is a huge buy deterrent, limiting $CRV demand

Platypus design incentivizes holding, allowing a max of 100x your staked $PTP value in $vePTP

This 100x has such a huge value, it'll effectively lock up staked $PTP forever