Time for Chainlink to shine.
SVR is a genuine revenue stream (for once, lol).
Also check out how assured of victory Serg is in this vid:
youtube.com
The hiding strategy is over
wow $500 a year
can't wait
The price is hiding still
Google, 8 years into existence
$10 BILLION IN REVENUE (2006) and used by the entire world
Chainlink, 8 years into existence
$700 revenue a day
These two are nothing alike
If link ever does pump, the pump will have to be the most face melting autism curing pump ever, it better shake the world, the normies better fear it, they will feel it coming in the air, on the news, then the pump hits, boom, rage. The normies die.
Oh wow, that's crazy. Let me go check the price
that's always been the prophecy, anon
normies will never hear of chainlink
$700 revenue a day
That's only for CCIP, at this point in time. I'll admit it's underwhelming considering it's been in GA for over a year now, but oh well.
Let's look at SVR though, which is now live. See Raoul's post here for the first week stats.
governance.aave.com
$16,350 total SVR revenue in 1 week
$16,350/week * 52 weeks = $850,200/year
But that revenue is only for the pilot release of SVR on a few markets, which represents ~5% of the total OEV opportunity on AAVE V3.
So once it expands to the rest of the markets (AAVE is actively looking to do this, refer to the thread I linked) then we can say the total revenue would scale linearly, therefore:
$850200:5% -> $17004000/100%
Admittedly this was a volatile week (SVR revenue is higher with more volatility as more people get liquidated), so the revenue rate is higher than average. Let's just say it's twice more than average, so we'll factor it down by 0.5 to get the 'typical' rate.
BUT, the SVR revenue efficiency rate is only 24.75% (this is how efficient SVR is at capturing OEV); in their initial blogpost Chainlink said we can expect 40% minimum realistically.
Therefore, the expected annual revenue is:
$17,004,000/year * 0.5 * (40/24.75) = ~$13.7mm/year
Chainlink will see 40% of that (revenue sharing agreement with AAVE), so
Chainlink network revenue = $13.7mm/year * 0.4 = $5.5mm/year
That's only for SVR on AAVE V3. What about when other platforms sign up for this mutually beneficial technology?
Here the article
Sergey Nazarov, co-founder of Chainlink and CEO of Chainlink Labs, sees a clear case for decentralized finance and blockchain adoption as markets reel and global trade relations strain as a result of President Donald Trump's tariff war.
Chainlink is a decentralized oracle network that connects external off-chain data to blockchain smart contracts. Because it uses open-source infrastructure, any blockchain can connect to off-chain data through Chainlink and contribute.
The Chainlink platform has enabled more than $20 trillion worth of trading transactions across several blockchains with more than 2,200 projects spanning from decentralized finance to capital markets, according to the company.
Nazarov attended the White House Crypto Summit last month alongside a handful of industry leaders including White House Crypto Czar David Sacks; Michael Saylor, CEO of Microstrategy; Coinbase co-founder and CEO Brian Armstrong; Vlad Tenev, CEO of Robinhood Markets; Brad Garlinghouse, CEO of Ripple; Gemini founders Cameron and Tyler Winklevoss; and Zach Witkoff, a founder of Trump's crypto enterprise World Liberty Financial.
The event was hosted hours after President Donald Trump signed an executive order creating the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile.
Last week the president unveiled his long-promised tariffs which went into effect Saturday, causing the markets to plummet. Nearly all international imports under the initial plan were subject to a 10% levy and around 60 countries were privy to higher additional rates, some as high as 50%.
American Banker spoke with Nazarov Wednesday before Trump announced a temporary reprieve on most of his reciprocal tariffs for 90 days. Under the new plan, the baseline tariff of 10% on all imported goods will remain in effect and a 125% tariff on China is to take effect immediately.
People around the world are watching tariffs. Where does decentralized finance fit into this?
SERGEY NAZAROV: I think our industry is actually going to become even more important in a time of deglobalization because it's an industry that is not being deglobalized. Globalization is generally a very powerful force and it's very powerful in markets because if you have a globalized market – which is what crypto is and why we've been able to grow so quickly – you have access to global liquidity or the purchasing power of everyone globally. Whereas the traditional financial systems doesn't really have global liquidity. They have it in some places, but they mostly have local, domestic liquidity.
At the end of the day, the few things that are still globalized in nature will be very big. If you had 15 different touch points between countries and now you only have five, those five are more significant because countries care about them more.
the thing about chainlink is, the "other platforms" never come. they release features that sound cool but only like 1-2 people use them. and they generate garbage revenue.
How are the market fluctuations due to the tariffs affecting crypto?
Asset prices going down is generally bad for our industry overall. Our industry is still correlated with the Nasdaq.
I think the flow of Chinese capital into our industry has always been good. If our industry is viewed with a Western-centric focus, it could negatively affect that dynamic. Although I don't think that will happen. Chinese capital is what took the bitcoin price to $1,000. The first really big jump when people started to take bitcoin seriously was when it went to $1,000 and that was driven by money coming out of China. Historically, there's been a lot of movement in the market based on Chinese capital.
On the other hand, as inflation goes up, I think retail consumers will have less capital to spend on risk assets, and on investments in general. What was happening before was that inflation was benefiting assets, but now inflation will go toward goods and consumer items, and that's not good for crypto in the long term.
Will this uncertainty affect the pace of adoption of blockchain technology or are you seeing financial institutions still moving ahead?
What's happened now is we've reached a kind of critical mass of institutions that are going to launch blockchain solutions in production, and when that critical mass of institutions launches these solutions, it'll be enough of a signal that the transition of the financial system into a blockchain-based format is happening. You actually don't need 100% of all institutions to be involved. What you need is some percentage of them doing it at the same time; that starts to create an institutional blockchain transaction ecosystem. The types of people that are doing this with us are not small: UBS, SBI and Fidelity, whose tokenized funds we power. BlackRock is also on-chain publicly. I think that's what's going to happen.
Appreciate the effort post by the previous anon
Another consideration;
Aave is the top dog. Sure, other platforms could start using it but the would be generating pennies compared to Aave. So you could have 100 platforms generating $25k in SVR revenue a year. Still only 7-figures in revenue for Chainlink
On top of the embarrassing, DOA CCIP release.
Chainlink's main source of revenue will continue to be dumping on their community
4chins think it’s spam so here’s the rest
Pic related
Shot for got pic
Link isnt done struggling. Ill buy back in at 8$
Who actually listens to what Sergey says any more? He's been wrong every step of the way
2020 is the year
2021 is the year
2022 is the year
2023 is the year
2024 is the year
2025 is the year
Get the picture? The guy is a grifting buffoon
the "other platforms" never come.
Fake news, man.
they release features that sound cool but only like 1-2 people use them.
and they generate garbage revenue
This is legit, and is the killer here. In CCIP's case, I think it's more an issue that no one is really transacting cross-chain in general. CCIP links a bunch of chains now, and is the canonical bridge for some of them, but those chains simply are dead which is why CCIP's usage is so low.
Good points, very true. Though we can expect AAVE's market to grow a lot, it's still in a nascent stage relatively speaking.
cmon guys, lets just fucking sell
Ooooooooh stinkies….
sires i am once again asking for financial assistance
youtu.be
people aren't transacting cross chain
This is not true, go look at bridge volume on defillama. CCIP gets no use because people don't want to use it. It's expensive, it's slow and above all has no tokens to send crosschain.
stop destroying the narrative ffs, let us have something for once
And the alternative is to have wormhole blackhole all your money?
Anon CCIP wasnt built so you can transfer fartcoin from basedlana to ADA
DTCC and SWIFT seem to think its important
obviously it was built for the NPC coin
I can't take this anymore, I can't keep reading the worst cope takes day in and day out, please make it stop
By daily volume CCIP is about #9 on that chart (sometimes it's much higher). But the number of transactions on CCIP is super low, though that too is enough to get it somewhere in the rank #5 - #9 range, by daily number of transactions.
Womrhole's number of txs is pretty massive in comparison. Any chance they're gaming stats, similar to pyth with its wash trading?
you need even ask? theyve been fake and gay vc money mev faggots from the start.
Transporter is the only bridge I trust to send ehkrdUSDe and mKROv tokens between chains when I need it to take half an hour.
What a disgustingly fat slavshit.
kek
a great interview.
Any chance they're gaming stats, similar to pyth with its wash trading?
if you have to ask the question, the answer is yes
Transporter times are 100% dependent on L1 finality.
You are the dumbest motherfucker alive kek
New OC meme template just dropped.
hopefully they have enough bigmacs for sergey
I take that, this man is my only shot
It was cool watching Serg grow from a 20 year old stuttering incel to a suit wearing CEO appearing on cover magazines and talking to POTUS directly.
Maybe there's some hope for me after all.
The good news is there's no rush for settlement when you can only send the most literal who wrapped staked token derivatives on the entire planet.
person of the year is programmed in
That's cool and all, but...price?
Oh, and...chart?