๐ Chainlink Launches Strategic LINK Reserve ๐ผ
Chainlink just rolled out its strategic LINK reserve, aiming to boost the long-term growth of its decentralized oracle network ๐.
The reserve is fueled by onchain service revenue and offchain enterprise payments โ blending both worlds seamlessly ๐๐ฐ.
Already, over $1M in LINK has been acquired in the early phase, with more to come as revenue flows in ๐ฅ๐.
๐ LINK Surges & Adoption Grows ๐
LINK is trading around $17.96, up 9.4% today, riding the momentum of this news ๐โจ.
Chainlink powers trillions in transaction value across DeFi, RWAs, banking & more ๐ฆ๐.
Big names like Swift, Mastercard, UBS, and Aave already use it โ generating major offchain revenue ๐ฅ๐ธ.
โ๏ธ How the Reserve Works ๐ง
Chainlink converts stablecoin payments into LINK via DEXs, building the reserve through payment abstraction ๐ฑ.
No withdrawals planned for years โ letting the reserve grow steadily over time ๐ฑ๐ช.
Co-founder Sergey Nazarov calls it a pivotal evolution, linking enterprise demand to Chainlinkโs future strength ๐ง๐.