Chainlink Reserve on track to reach 1 million LINK amid steady accumulation
Summary
The Chainlink Reserve, designed as an on-chain treasury contract, has accumulated over 973,752 LINK tokens in just over three months and is nearing the one million LINK milestone. This reserve autonomously converts revenue generated from off-chain enterprise payments and on-chain service fees into LINK. The accumulated tokens are secured under a multi-year, no-withdrawal policy enforced by a timelocked smart contract to ensure the long-term stability and growth of the Chainlink Network, which is being fueled by steady adoption across its services.
(Source:Crypto Briefing)