š Chainlink Launches Strategic LINK Reserve š¼ Chainlink just rolled out its strategic LINK reserve, aiming to boost the long-term growth of its decentralized oracle network š. The reserve is fueled by onchain service revenue and offchain enterprise payments ā blending both worlds seamlessly šš°. Already, over $1M in LINK has been acquired in the early phase, with more to come as revenue flows in š„š.
š LINK Surges & Adoption Grows š LINK is trading around $17.96, up 9.4% today, riding the momentum of this news šāØ. Chainlink powers trillions in transaction value across DeFi, RWAs, banking & more š¦š. Big names like Swift, Mastercard, UBS, and Aave already use it ā generating major offchain revenue š„šø.
āļø How the Reserve Works š§ Chainlink converts stablecoin payments into LINK via DEXs, building the reserve through payment abstraction š±. No withdrawals planned for years ā letting the reserve grow steadily over time š±šŖ. Co-founder Sergey Nazarov calls it a pivotal evolution, linking enterprise demand to Chainlinkās future strength š§š.