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2022-06-09 11:00:52

Chainlink Price Surges As The Team Releases New Staking Roadmap

Following the release of its staking roadmap, Chainlink’s LINK native token performed quite impressively. First, it released its long-awaited roadmap revealing various phases it will go through. Recently via blog post on its official website, Chainlink cited “Chainlink Economics 2.0.” The blog highlighted the aim to implement crypto staking to scale the network. While doing so, the post emphasized that the data oracle is planning to collaborate and accept other blockchains to offer “growth and security.” New Staking Roadmap Dubbed Chainlink Economics 2.0 Staking the LINK token has been a high-demand feature for some years now. This is due to Chainlink being the biggest data oracle provider in the deFi ecosystem. Chainlink even Tweeted about its preparations for implementing the ‘Chainlink Economics,’ referenced in its official blog post. The announcement on its blog explained that the main vision of providing staking is to enable both community members and node operators to boost the platform’s user assurances and security guarantees of the oracle services. They will do so by staking their LINK tokens. Related Reading | Bullish: Bitcoin Marks First Green Weekly Close After Two Months In The Red Furthermore, nodes stand higher chances of receiving jobs and better payments by staking their coins on the network. All the same, the ecosystem will flourish as the user assurances and crypto-economic security increase. Besides th...

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