Chainlink
Chainlink is a network of oracles and smart contracts. A smart contract is a set of instructions that can be executed without intervention from third parties. Smart contracts can store and manage on-chain assets. Smart contracts have an on-chain address, just like wallet addresses, so smart contracts have all the same functionality of wallet addresses.
Chainlink is currently running this network, with oracles earning rewards. Oracles report off-chain data on-chain for dApps, L1s, and L2s. These oracles collect fees for doing their work. Different networks of oracles are called committees.
APY | ~3.3% |
Compounding | TBD |
Reward Distribution Period | TBD |
Unbonding Period | TBD |
Delegation Requirements (Min-Max) | TBD |
Validator Self-Bond Requirement | 0 LINK |
Inflation | TBD |
Figment Validator Address | TBD |
Recommended Wallet |
Double Signing | TBD |
Downtime | TBD |
Staking is currently NOT LIVE.
There is no decentralized governance on the network. The core team controls developments and implementation on the network.
Last modified 5mo ago