The launch of the Chainlink Reserve makes the pitch for $LINK extraordinary simple Chainlink is working with the world’s largest banks and institutions on adopting blockchains and tokenized assets via its all-in-one platform Institutions sign enterprise deals with Chainlink for the integration, usage, and maintenance of the Chainlink services they use This offchain revenue is brought onchain, used to fuel $LINK token buybacks, and put into a strategic reserve Institutional adoption of Chainlink is accelerating, making every integration a win for $LINK
Chainlink
Chainlink10.8. klo 22.07
Hundreds of millions in revenue. Created by enterprise integrations, strategic partnerships, and onchain service usage. Fueling the growth of the Chainlink Reserve.
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Zach Rynes | CLG
Zach Rynes | CLG7.8. klo 21.11
JUST IN: @chainlink has officially launched the Chainlink Reserve 👀 This economic upgrade creates a strategic LINK reserve funded by onchain & offchain revenue Institutional adoption → protocol revenue → LINK purchases → Reserve Here's what this means for $LINK 🧵👇
@jaekwondo_ Fee-driven network sustainability, e.g., spinning up new in-demand oracle networks to drive further network adoption and revenue
Zach Rynes | CLG
Zach Rynes | CLG7.8. klo 21.11
Funding the growth of the Chainlink Reserve through onchain and offchain revenue makes the $LINK token central to the value capture of the Chainlink Network This creates a powerful flywheel effect of adoption • An increase in protocol adoption (by DeFi and TradFi) leads to increased onchain & offchain revenue • This revenue flows onchain through Payment Abstraction and is converted into LINK, if not already in LINK, via a DEX (on market purchases) • This revenue fuels the growth of the Chainlink Reserve, creating an onchain accumulation machine of LINK • In multiple years when the Reserve is used, these financial resources can be used to expand the network's utility and value for users • A more useful and valuable network attracts more users and adoption, leading to more revenue, a growing Reserve, and the flywheel accelerates
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