Chainlink‘s Staking V0.2 Community Pool swiftly accumulated nearly 41 million LINK, with an astonishing 19 million LINK staked within seven hours of the early access launch. This signals a robust continuation of LINK’s current bullish trajectory.

On December 7, Chainlink initiated the early access phase for its Staking V0.2 Community Pool, extending priority to V0.1 stakers following the completion of the staking upgrade.

Around $690 Million in LINK Staked

The upgraded V0.2 pool currently holds a substantial 40,875,000 LINK, worth around $690 million. On-chain data from Nansen shows that the staking contract has amassed the largest share of LINK, closely trailed by an address controlled by Binance with 38 million LINK.

“We want to thank the community — both V0.1 migrators and new stakers — for participating in the V0.2 launch and putting 40,875,000 LINK to work to help secure the Chainlink Network and the verifiable web,” Chainlink said.

Compared to the initial version’s 25 million LINK capacity, the Go to Source to See Full Article
Author: Oluwapelumi Adejumo

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