Chainlink Launches LINK Reserve to Fuel Network Growth

Description

Chainlink has launched a new on-chain reserve, called the Chainlink Reserve, designed to funnel enterprise demand into its native LINK token, the company announced Thursday. The reserve accumulates LINK using revenue from both fees paid by large institutions for Chainlink’s services and on-chain usage fees from decentralized applications, the company said in a press release, which added that the reserve is designed to support the growth and sustainability of the Chainlink Network. Chainlink uses...