linkreserve

🏅What about Chainlink Reserve ?
👉The Chainlink Reserve is designed to support the long-term growth and sustainability of the Chainlink Network by accumulating $LINK tokens using offchain revenue from large enterprises that are adopting the Chainlink standard and from onchain service usage.

👉The Chainlink Reserve is being built up by using Payment Abstraction to convert offchain and onchain revenue into LINK.
👉Introduced earlier this year, Payment Abstraction is onchain infrastructure that reduces payment friction by enabling users to pay for Chainlink services in their preferred form of payment (e.g., gas tokens and stablecoins), which are then programmatically converted to LINK using a combination of Chainlink services and decentralized exchange infrastructure.

👉To make the Chainlink Reserve upgrade even more effective, Payment Abstraction has now officially expanded to support offchain payments for Chainlink and multiple onchain services.
👉This enables revenue from both onchain service usage, as well as significant offchain revenue from existing and ongoing enterprise integrations, usage and maintenance, to be programmatically converted to LINK (if not already paid in LINK).#chainreserve #linkreserve #ReserveAssets