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https://twitter.com/Sinbua1/status/1767493296161501225

T̨͈͗̌ͥ⬢ƙׁׅ֑eɳiz͓̽ed
https://twitter.com/Sinbua1/status/176749329616150...

Lol never actually thought about just buying stlink separately 🤷‍♂ I'm stupid caused by PTSD from scams 💀

Guts
Lol never actually thought about just buying stlin...

I know I've been there too but just look into the underlying mechanics. Not everything has the same risk just because it's "DeFi"

T̨͈͗̌ͥ⬢ƙׁׅ֑eɳiz͓̽ed
https://twitter.com/Sinbua1/status/176749329616150...

I'm smooth braining this one. If a stlink is minted when a link is staked, how can I buy it? Doesn't the link staker receive the stlink that's minted? Haven't really looked into the mechanics of linkpool

Dolan Kaflumph
I'm smooth braining this one. If a stlink is minte...

Yeah they would, but some people have used their stlink to provide liquidity in these pools - allowing you to buy their stlink

Genghis Jhan
Yeah they would, but some people have used their s...

Don't stlink let you redeem your link or is that totally separate

Dolan Kaflumph
I'm smooth braining this one. If a stlink is minte...

1. Person deposit LINK to the PP 2.Wait 3.Claim stLINK 4.Put that stLINK along with some LINK in the Curve pool to earn from trading fees 5.Voila, you have a way to buy stLINK off secondary markets

Dolan Kaflumph
Don't stlink let you redeem your link or is that t...

yeh you can swap stlink for link using stakedotlink

Genghis Jhan
yeh you can swap stlink for link using stakedotlin...

As long as there's a premium involved it's better to sell on Curve but it's good to know that this option exists

Genghis Jhan
yeh you can swap stlink for link using stakedotlin...

So how doesn't this screw over the person that staked their link eventually when they don't have the stlink to redeem their link?

Dolan Kaflumph
So how doesn't this screw over the person that sta...

They would have link if someone bought their stlink on curve with link

Dolan Kaflumph
So how doesn't this screw over the person that sta...

They might have a bit less stLINK when they withdraw their liquidity provision on Curve

Genghis Jhan
They would have link if someone bought their stlin...

so they are shilling SDL because they want us to buy for them to be able to exit 🤝

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