Stakers will earn LINK, Chainlink’s crypto, while participating in a decentralized alert system that flags the network when feeds fail to meet execution requirements.
Chainlink wants to increase its economic security in the crypto ecosystem
Staking is part of the mechanism that some cryptocurrencies, specifically those based on the Proof of Stake protocol, leverage to verify executed transactions. This process also allows stakers to have rewards in the form of cryptocurrencies and to grow their wallets.
Chainlink‘s vision is for its stakers to earn LINK tokens through participation in a decentralized warning system that flags the network when feeds fail to meet execution requirements.
The main goal revolves around the blockchain’s desire to focus on security and sustainable growth. This new feature is part of the “Chainlink Economics 2.0” efforts. With the newly launched staking mechanism, Chainlink token holders have an additional way to make money by helping to increas
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