LINK is the "SF Express of the blockchain world".
1. What is it for?
The blockchain is blind, unable to see external stock prices or weather data. LINK is the "courier" sent out to fetch data. Without it, DeFi lending and insurance applications would all collapse.
2. How to make money (retirement logic)?
Now upgraded, you can be the "SF outlet owner":
• Deposit model: You deposit LINK (stake), which is equivalent to providing a security deposit to the outlet.
• Collecting rent: Others sending packages (calling data) pay a fee, and you get a share. Currently, the annual yield is around 4%-5%.
• Lock-up effect: Everyone stakes, the circulating coins in the market decrease, and the price naturally has support.
3. What are the hard issues?
• High threshold: The staking pool is often full, and if you want to deposit money, you have to queue for a spot.
• Depends on external conditions: Earnings depend on how many people are "sending packages". If no one is using on-chain applications in a bear market, your "rent" decreases.
It's not like BNB that directly distributes dividends; it's more like an infrastructure stock that "collects tolls".
1. What is it for?
The blockchain is blind, unable to see external stock prices or weather data. LINK is the "courier" sent out to fetch data. Without it, DeFi lending and insurance applications would all collapse.
2. How to make money (retirement logic)?
Now upgraded, you can be the "SF outlet owner":
• Deposit model: You deposit LINK (stake), which is equivalent to providing a security deposit to the outlet.
• Collecting rent: Others sending packages (calling data) pay a fee, and you get a share. Currently, the annual yield is around 4%-5%.
• Lock-up effect: Everyone stakes, the circulating coins in the market decrease, and the price naturally has support.
3. What are the hard issues?
• High threshold: The staking pool is often full, and if you want to deposit money, you have to queue for a spot.
• Depends on external conditions: Earnings depend on how many people are "sending packages". If no one is using on-chain applications in a bear market, your "rent" decreases.
It's not like BNB that directly distributes dividends; it's more like an infrastructure stock that "collects tolls".