Staking is coming to Chainlink. Chainlink tokens will be given to stakers to participate in a decentralized security system.
Blockchain oracle network Chainlink has launched its staking feature to help increase the economic security of the platform's oracle services.
In an announcement sent to Cointelegraph, Chainlink mentioned that the new staking feature is an integral part of its “Chainlink Economics 2.0” efforts that focuses on security and sustainable growth. Before the staking feature, Chainlink users who wanted to receive LINK token rewards needed to launch their own nodes. With the newly-launched staking mechanism, Chainlink token holders have an additional earning mechanism as they aid in increasing the oracle platform’s security.
Initially, Chainlink Staking was launched as a v0.1 beta, which includes a staking pool that aims to secure the ETH/USD data feed within the Ethereum mainnet. This allows stakers to earn rewards for supporting the feed's performance by participating in a decentralized alerting system. The system flags the network when the Data Feed is not meeting performing requirements., the co-founder of Chainlink, said that this launch is the foundation for Chainlink Economics 2.
“The Chainlink network has successfully scaled to support a significant and growing portion of DeFi and many other new smart contract verticals, enabling more than $6.6 trillion in transaction value this year.”
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Blockchain Data Provider Chainlink Launches Staking of Its Native Token LINK.chainlink has introduced staking of its native LINK token on its platform to help keep the protocol secure and provide more incentives for it to grow. camomileshumba reports
Weiterlesen »
Chainlink (LINK) Whales Accumulate Aggresively Ahead of Staking LaunchLarge-scale holders of Chainlink (LINK) cryptocurrency are increasing their balances, Lookonchain data says
Weiterlesen »
Chainlink ‘Smart Money’ Might Be Pulling LINK Tokens Off Exchanges to Stake ThemSome crypto traders appear to be withdrawing LINK en masse ahead of Tuesday's early access to Chainlink's new staking program, according to Nansen data. reports
Weiterlesen »
Swingby Partners With Chainlink To Secure Bitcoin Bridge – Press release Bitcoin NewsPRESS RELEASE. Swingby has recently announced a newly established partnership with Chainlink for Proof of Reserve. The recently publicized partnership is
Weiterlesen »
Binance NFT Marketplace Will Launch an Ape NFT Staking Program | Binance SupportFellow Binancians, To engage the ApeCoin (APE) community, Binance NFT is pleased to announce the Ape NFT Staking Program , scheduled to launch on 2022-12-12 (UTC) . The actual launch time is su...
Weiterlesen »