Chainlink’s First Staking Pool Pulls in $170M of LINK Tokens, Hitting Community Limit After 2 Days
Chainlink, a provider of price feeds and other data for blockchains, had its first-ever staking pool draw in 24.27 million tokens worth some $170 million, with community allotment filling up in two days.The new staking effort is designed to help secure the quality of the project’s price feed for the cryptocurrency ether (ETH). Under the system, participants and node operators commit their holdings of Chainlink’s LINK tokens as a form of guarantee, in exchange for 4.75% annualized rewards.The Chainlink team tweeted at 1:51 p.m. ET on Thursday that the staking community pool’s limit of 22.5 million total LINK tokens was “100% filled.” .
Source
https://t.me/Matic_Chainlink_Monero
