#Chainlink

Trade LINK now . . . strong bullish trends❤❤❤❤$LINK

𝘾𝙝𝙖𝙞𝙣𝙡𝙞𝙣𝙠 𝙇𝙖𝙪𝙣𝙘𝙝𝙚𝙨 𝙇𝙄𝙉𝙆 𝙏𝙤𝙠𝙚𝙣 𝙍𝙚𝙨𝙚𝙧𝙫𝙚, 𝙋𝙧𝙞𝙘𝙚 𝙐𝙥 8%

Chainlink has created a long-term LINK Reserve to lock in enterprise and on-chain revenue in the token. Hence, the demand for the token is now connected to real-world use.

According to the official announcement, the Chainlink Reserve is a new on-chain pool of LINK tokens. It is funded by real revenue from institutional users and protocol-level services.

The Reserve uses Payment Abstraction to convert payments made in gas tokens. It also converts stablecoins into LINK through decentralized exchange infrastructure like Uniswap V3. Chainlink also adapted Payment Abstraction to more categories of services.

This eases payment friction and boosting institutional adoption. It offers an automated means of converting value and makes LINK the end value in the entire ecosystem.

Enterprise clients paying off-chain for access to Chainlink services now have those funds converted directly into LINK by smart contract automation. Chainlink confirmed that over $1 million in LINK has already been accumulated in the Reserve during its early launch phase.

Such an upgrade is in line with the broader goal of Chainlink to create a sustainable economic model, which is based on real usage and measurable value flow.