So far we have had some amazing interest in LinkPool, with the total proposed stake of all our signups totalling over 5 million Link! We’ve also been receiving a lot of questions from the community surrounding some of the economics of the platform so I thought I would address some of these questions as well as a few other areas. But I mainly I want to set some realistic expectations so that when LinkPool goes live, people are not upset with their lack of lambos.

If this is the first you are hearing about LinkPool, then please take a read of this great article on what and how we are trying to achieve by co founder Jonny Huxtable

LinkPool: The first Network of Chainlink Nodes Backed by a Smart Contract

Expectations & Assumptions

While developing LinkPool before the ChainLink network is live, some may think we are jumping the gun a bit considering how far away we are from a full implementation of the ChainLink network and the lack of details around what actual rewards will be (more on that later) and if the idea of pooling is even economically feasible. We strongly believe in the long term potential of the ChainLink project which is why we are doing this.

Naturally we need to set the expectation that because mass adoption of the ChainLink network will not happen overnight, the initial rewards may seem disappointing. However, we are building LinkPool based of a few of ours and many others strong expectations that there will be:

Large adoption of the ChainLink network Multi-blockchain support Lots of nodes required Token price increase

Because of these, we see LinkPool as having an amazing opportunity for a first mover advantage and massive potential alongside the ChainLink network. If you haven't already, have a read of this article by Signal Capital on why they are so bullish on ChainLink and why we are too.

However our aim is not only to provide our pooling and infrastructure to the network, but also to assist the adoption of ChainLink through developing open source custom adapters to progress multi-blockchain support and niche use case. We see the income we generate from our pooling service as a way of bootstrapping our custom adapter development and being able to both work on it full time and expand.