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Chainlink Staking opens with a 25 million euro reserve LINK

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Headlines of LINK Eligible applicants can now stapler from chips in a swimming pool covered. The others will have access to Chain stakes Thursday.

Tuesday evening, Chain link announced the opening of the version 0.1 from Chain stakes.

We are pleased to announce that early access to Chainlink Staking v0.1 is now available on the Ethereum backbone,” the blockchain company said in a statement. release.

Holders of LINK, the network’s native digital currency, who meet “at least one of the criteria on the early access list” will be able to. store up to 7,000 LINK. The betting fund is ceiling of 25 million LINK and will be open to other holders as of December 8.

“In the pool v0.1 initial22.5 million LINKs are allocated to Community Stakers on a first-come, first-served basis, while 2.5 million LINKs are allocated and reserved for Node Operator Stakers,” Chainlink explained.

At LINK stakés and the awards will be locked until the exit of the version 0.2 of Chainlink Stakingscheduled for release in the fall of 2023.

Chain link is a decentralized network of oracles launched in 2017 that connects blockchains with off-chain data. The platform allows smart contracts to securely interact with real-world data and services. Its LINK token now has a market capitalization of $3.4 billion.

At stake is a key element of Chainlink Economics 2.0 that allows community members and node operators to earn rewards for helping to increase the cryptoeconomic security of oracle services. By committing LINK tokens to smart contracts to support certain performance guarantees around oracle services, the Chainlink ecosystem can expand to secure greater amounts of value over time,” concluded Chainlink.

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