$LINK is the gold standard for coins with significant off chain revenues
Expect more to follow suit 👀
The fifth Chainlink Reserve $LINK inflow is here 🔥
The Reserve now totals 237,014 $LINK (~$5.3M), with an average cost basis of $22.19 per $LINK
43,937 $LINK (~$1M) was acquired today, with ~90% coming from $USDC swapped into $LINK via Uniswap and ~10% from user fees already paid in $LINK
The Reserve is funded by offchain revenue from enterprise deals and onchain revenue from service usage, supporting the network's long-term growth and sustainability
Inflows are planned to occur weekly, with no withdraws from the Reserve expected for multiple years
20.28K
6
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.