Chainlink has launched an on-chain reserve system named Chainlink Reserve to gather LINK tokens from enterprise and DeFi service revenues. This innovative reserve has already collected more than 1 million USD in LINK by converting various token revenues, emphasizing a commitment to long-term growth.
The co-founder of Chainlink, Sergey Nazarov, stated that the formation of the reserve illustrates a new strategic direction for the organization. By ensuring no withdrawals for several years, Chainlink aims to solidly position itself in the DeFi landscape.
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