Update Chainlink Reserve
The latest data from the official page reserve.chain.link shows:
• Accumulated Reserve: 94,267.77 LINK
• Total Chainlink Reserve: 1,416,379.61 LINK
The Chainlink reserve is designed to ensure the sustainability and long-term growth of the network by:
• Accumulating LINK from off-chain revenue of major businesses utilizing Chainlink.
• Collecting on-chain revenue from using oracle services.
This is an important mechanism to reduce selling pressure from the team, while also strengthening confidence in the economic model of $LINK in the long term – especially as adoption from traditional financial institutions continues to increase.
This is a positive signal for the health of the ecosystem.
Information is for reference only and not investment advice. Please DYOR thoroughly and manage risks carefully!
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