Chainlink Staking Program Exceeds Expectations, Drives LINK Price Up By 12%

Chainlink Staking Program Exceeds Expectations, Drives LINK Price Up By 12%
In a significant development for the blockchain data-oracle project, Chainlink (LINK) has witnessed a significant response to its enhanced crypto-staking program, amassing over $632 million worth of its LINK tokens within a remarkably short period.  The company announced a recent press release highlighting the “overwhelming demand” during the early-access period, which filled the staking limit in just six hours. Chainlink Unveils Staking v0.2 Chainlink, recognized as the industry-standard decentralized computing platform, unveiled Chainlink Staking v0.2, the latest upgrade to the protocol’s native staking mechanism.  The Early Access phase has commenced, inviting eligible participants to stake up to 15,000 LINK tokens. This phase will last four days before transitioning into the General Access phase, enabling investors to stake up to 15,000 LINK tokens as long as the staking pool remains unfilled.  Per the announcement, the upgrade introduces an expanded pool size of 45,000,000 LINK tokens, equivalent to 8% of the current circulating supply. This enlargement aims to enhance the accessibility of Chainlink Staking, enabling a more diverse audience of LINK token holders to participate.  Related Reading: Bitcoin Has Been In A Class Of ..

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