Chainlink creates tokens link reserve to support network growth

By Hannah Pérez

The Chainlink reserve is launched with more than 1 million links, currently worth more than USD $ 17 million. The function Payment abstraction It is used to finance the reservation from the rates paid by institutions.

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• Chainlink will keep link in a fund intended to finance network growth
• The Chainlink reserve is launched with more than 1 million links.
• Payment abstraction It is used for the reservation, turning the rates paid by institutions.
• Link’s price shot more than 7% in the middle of the news.

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Chainlinkthe leading infrastructure in decentralized oracles, has announced the launch of the Chainlink reservea strategic reserve of your native token link designed to finance growth and guarantee the long -term sustainability of your network.

The new reservation will be financed through the income generated by rates paid by large institutions and decentralized applications (DAPPS) that use the services of Chainlinkaccording to a press release this Thursday.

The fund is being built through an innovative process called Payment abstractionintroduced at the beginning of the year, which allows users to pay for the services of Chainlink In tokens like ETH or USDC. These payments automatically become link through the services of Chainlink and Exchange decentralized, consolidating the funds in the reserve.

Chainlink He said the reservation is launched with more than 1 million dollars in link and that he hopes that he grows as more income is directed towards her. He has also assured that no removal of this warehouse will be made during “Several years”which reflects a long -term link confidence approach as a source of income to strengthen the network.

“Chainlink’s demand has already generated hundreds of millions of dollars in income, mainly from large companies ”highlighted the co -founder of Chainlink, Nazarov Serguéi.

Chainlink Reserve provides a clear response to how income outside the chain and large -scale institutional adoption of the Chainlink standard will be linked to the growth, safety and sustainability of these standards.

Objectives and relevance of the Chainlink reserve

The main objective of the reserve will be to support the continuous development of the infrastructure of Chainlinkincluding the expansion of services such as the interoperability protocol between chains (CCIP) and new decentralized computing capabilities.

In addition, it seeks to strengthen the cryptonomic safety of the network by encouraging the participation of nodes operators and Stakers through a dynamic rewards system. “The launch of the Chainlink reserve marks a crucial evolution in Chainlink, establishing a strategic reserve of Link financed with income outside the chain and the use of chain services“Nazarov commented.

The relevance of this reserve lies in its ability to channel the growing institutional demand towards the Chainlink network, consolidating its position as the standard infrastructure to connect traditional systems with Blockchain. Companies like Mastercardwhich allows its customers to buy chain cryptocurrencies, and JPMorganwhose platform Kinexys Digital Payments Use the technology of Chainlinkthey are examples of the institutional adoption that promotes this reservation.

Transparency and similar directions of other projects

To guarantee community trust, Chainlink It has implemented a transparent approach in reserve management. The details of the balance of Chainlink reserve They are available in a public control panel, and the reservation contract can be consulted in Etherscan. In addition, they have assured that the reservation will be subjected to regular audits.

The development occurs at a time when corporate cryptocurrency treasures are booming, with hundreds of companies incorporating not only Bitcoin but also Altcoins as Ether, Solana and XRP to their strategic reserves. Beyond public companies, organizations behind projects Blockchain They have also followed that model.

At the beginning of the week, the community of Cardano approved a treasury proposal that will deploy approximately USD $ 71 million in ADA to finance 12 months of updates to the network and ensure the progress of that project.

The native token link Chainlink increased more than 7% price In the middle of the announcement to USD $ 17.8 at the time of editing, in line with a generalized upward action in the cryptocurrency market, according to data from Coingcko.

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Article written with the help of AI, edited by Hannah Pérez / Diariobitcoin

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