Skip to main content

Would the chainlink team ever run out of LINK?

Right now, the daily link rewards are 60k a day on market.link and when staking ever comes out, i’m sure that number will grow exponentially.

The team already put 60m link into circulation i’m assuming for development costs according to the whitepaper.

At this rate wouldn’t the entire supply enter circulation in a decade or two?

If the team doesn’t hold LINK anymore how would staking be relevant anymore?

I know its way way into the future but I couldn’t find a solution to this. Thanks for reading.

submitted by /u/brreadd
[link] [comments]

Via https://www.reddit.com/r/Chainlink/comments/luy5up/would_the_chainlink_team_ever_run_out_of_link/


Comments

Post a Comment

Popular posts from this blog

Institutional Support Rallies Behind Exeedmes Blockchain-based Gaming Innovation

With over $13 billion currently locked across DeFi protocols , the decentralized financial landscape has been growing at a breakneck speed. The high quest for a non-custodial financial product and marketplace has been instrumental to the astronomical growth in the DeFi (Decentralized Finance) sector. No doubt, the interest that has rallied behind the DeFi protocols has been phenomenal, NFT market has also been on traction in leading mainstream adoption of blockchain technology. Exeedme, a blockchain-powered gaming platform is combining the capabilities of both sectors to target the gaming industry with a focus on wealth distribution.  Blockchain Has Revolutionized the Gaming Industry Forever  Gaming is one field that has been disrupted by blockchain heavily, especially with the NFT wave that took the gaming industry by surprise. NFTs present a strong use case for DeFi adoption in the coming years 2021-22, while many define 2020 as the year of ‘coming out’ for NFTs. In...
11 comments
Read more

Ethereum Classic (ETC) Indicating Trading Opportunity For Crypto Traders

https://ift.tt/2wz88BW submitted by /u/Alejandra6987 [link] [comments] source https://www.icocalendar.today/ethereum-classic/ethereum-classic-etc-indicating-trading-opportunity-for-crypto-traders8995784
Post a Comment
Read more

Chainlink (LINK) Price Analysis: Chainlink Claims Sustainability Over $2.00 Mark.

submitted by /u/telorecomiendo [link] [comments] Via https://www.reddit.com/r/Chainlink/comments/fnua8f/chainlink_link_price_analysis_chainlink_claims/
Post a Comment
Read more