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The Chainlink native token becomes the best-performing crypto assets after releasing a long-term staking roadmap.
Source: Chainlink
LINKUSD down -1.21%, BTCUSD down -1.99%
On June 7, the Chainlink team announced its long-term goals, roadmap, and initial implementation, detailing the stages for the data oracle blockchain initiative.
Staking is a process that brings a new layer of crypto economic security to Chainlink, similar to most proof-of-stake blockchains that reward stakers for helping secure the network.
The key goal of staking is to increase the security and user assurances of Chainlink oracle services. The program also seeks to encourage community participation and involvement.
Chainlink’s staking program is also looking to empower node operators to access higher-value by staking.
The implementation of the staking mechanism will be gradual and evolving as its oracle channels into a single feed on ETH/USD to thousands of them.
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