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Chainlink Launches Chainlink Reserve – Strategic Reserve Fund for the Future$LINK
Chainlink officially announces Chainlink Reserve – a strategic reserve fund designed to promote the long-term and sustainable development of the Chainlink ecosystem.
🪙 Where do the fund sources come from?
Chainlink Reserve is formed from revenue both on-chain and off-chain, including payments from organizations and businesses using oracle services and the infrastructure of Chainlink. Notably, the Payment Abstraction mechanism allows users to pay flexibly with stablecoins or ETH, and then the system will automatically convert to LINK – creating a sustainable demand flow for this token.
Over 1 million USD worth of LINK has been accumulated, marking Chainlink's first step in building a strong reserve fund, serving as a financial foundation to support security, performance, and network expansion in the future.
Long-term commitment
The fund will not be withdrawn for many years, demonstrating a strategic commitment to protect the network from short-term fluctuations and ensure resources for long-term growth initiatives.
Chainlink continues to assert its pioneering position in the field of oracle and decentralized data infrastructure. The establishment of Chainlink Reserve is a strategic step to reinforce trust in the LINK ecosystem – not just today, but also for the future of Web3.
