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Chainlink has launched a strategic LINK reserve, with over one million dollars worth of LINK stored.
PANews August 7 news, according to Chainlink’s official blog, Chainlink announced the launch of the “Chainlink Reserve” strategic LINK reserve pool, aimed at accumulating LINK tokens generated from enterprise integrations and on-chain service revenues. This reserve automatically converts various payment forms from enterprises and on-chain services into LINK through the Payment Abstraction mechanism, and has currently accumulated over $1 million LINK. The official states that the reserve will not be withdrawn in the short term and is expected to continue expanding with industry demand, and a publicly accessible reserve analytics dashboard has been launched.