Crypto Token LINK Gained 1$70 Million in Staking Pool

Crypto Token LINK Gained 1$70 Million in Staking Pool

Chainlink’s all-time highest trading price was around $53. 
Node operators look interested in the newly launched staking pool. 
Chainlink is a decentralised oracle network built on Ethereum that provides real-time data of prices, stablecoin, fiat currencies, stocks, and other financial products for blockchain. The network has  recently announced the launching of its first-ever staking pool. 
According to the blog post, Chainlink has locked 24.27 million LINK tokens within just two days of launching the staking pool. The total staked LINK tokens are worth 170 million USD. 
The major aim of launching the staking pool is to enhance the security and quality of the project price feed for Ether (ETH) below the system participating users and nodes operators commit their holdings of LINK tokens as a form of guarantee in exchange for 4.75% rewards per annum. 
The Twitter post of the Chainlink community revealed on December 8, 2022, that the staking pool of 22.5 million limits is 100 per

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