

Business
Staking To Be Launched On This Date – Crypto News
In a news related to chain linkOn Dec 1, the team issued an update regarding its much-anticipated staking initiatives. In addition, the oracle provider also stated that staking would become operational on the Ethereum mainnet on December 6th.
Staking Lockup Period
Initially, the lockup term for chainlink stacking was anywhere between 12 and 24 months. However, the community as well as the node operators have been consulted by the team regarding this matter & the end result is an increased rate of iteration coupled with more frequent releases of the product.
1/ With Chainlink Staking v0.1 launching on Ethereum mainnet on December 6th, we’d like to provide an update on our iterative approach to building future versions of Staking beyond this initial release and how that will affect important attributes like the lock-up period.
— Chainlink (@chainlink) December 1, 2022
It’s also said that each release will have a “condensed scope” that would concentrate on critical features.
“As a result, the next version of Staking (v0.2) is now planned to launch in 9-12 months, at which point v0.1 stakers can unlock or migrate their staked LINK and rewards.”
Chainlink Staking Opportunities
At this time, addresses that meet the requirements for early access are the only ones that can take advantage of the launch which is in the beta version of the Chainlink Staking (v0.1) on the Ethereum network.
These will have the ability to stake up to 7,000 LINK, which is equivalent to approximately $53,270, in a pool that has capped its stakes. The user’s on-chain and off-chain behavior, which can be verified by their wallets, is used to decide whether or not they are eligible.
Read More: Will Chainlink Survive Binance’s New Oracle Network?
On December 8, the staking pool will become accessible to the broader public, allowing all other holders of LINK tokens to take part. according to the official blog postthe initial limit on the total pool cap is 25 million.
The official announcement states,
“Staking is a core initiative of Chainlink Economics 2.0, enabling LINK token holders and node operators to earn rewards for helping increase the cryptoeconomic security of oracle services.”
Price Reaction On Chainlink News
Given that other coins like Bitcoin & Ethereum have tumbled in synchrony in response to the collapse of the crypto exchange FTXLINK, Chainlink’s native token appears to have gained in the short term from the excitement surrounding its upcoming staking feature.
Read More: How FTX Founder Went From “The New JP Morgan” To A “Con Artist”
The price of LINK jumped 1% in the last 1 hour and rose by 12% in the past week. Currently, the token is trading at $7.6 at the time of writing.
The content presented may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
-
Business1 week ago
How Mid-Sized Treasurers Are Managing Liquidity Amid Uncertainty – Crypto News
-
others4 days ago
USD/CAD trades with negative bias around mid-1.3800s, just above two-week low – Crypto News
-
De-fi4 days ago
Bitcoin Hits $109,439 Ahead of 15th Anniversary of Laszlo Hanyecz’s 10,000 BTC Pizza Purchase – Crypto News
-
Technology4 days ago
Build your own PC with up to 60% off on CPUs, GPUs, and more: No cost EMI starting at ₹99 – Crypto News
-
Business4 days ago
XRP ETF Odds Surge Amid CME Futures Growth: Can Approval Happen by June 17? – Crypto News
-
Blockchain1 week ago
Solana Poised For Upside Move After A Bounce From $168 – Crypto News
-
De-fi4 days ago
Bitcoin Hits $109,439 Ahead of 15th Anniversary of Laszlo Hanyecz’s 10,000 BTC Pizza Purchase – Crypto News
-
Blockchain1 week ago
Stablecoin bill passes in Northern Marianas as House overrides veto – Crypto News
-
others1 week ago
Dogecoin On-Chain Metrics Hint At DOGE Mega Rally Ahead – Crypto News
-
Cryptocurrency1 week ago
Top crypto to buy as Saudi Central Bank reveals exposure to MSTR – Crypto News
-
others1 week ago
Kekius Maximus Token Jumps 119% as Elon Musk Changes X Profile – Crypto News
-
others4 days ago
Feds Charge Atlanta Man for Allegedly Applying for Over $3,390,000 in Fraudulent Small Business Loans During COVID – Crypto News
-
Blockchain2 days ago
Why Equity Markets Are Being Tokenized – Crypto News
-
Technology1 week ago
Is Apple Pay down? Users report widespread payment failures – Crypto News
-
Blockchain1 week ago
Bitfinex Bitcoin longs total $6.8B while shorts stand at $25M — Time for BTC to rally? – Crypto News
-
Technology1 week ago
Coinbase estimates $400M cost after data breach and crypto scam – Crypto News
-
Technology1 week ago
Infinix Note 50s 5G Review: Most balanced phone under ₹20,000 – Crypto News
-
Technology1 week ago
XRP Price Impact If GENIUS Act Boosts Ripple’s RLUSD Market Cap to 50% of Tether’s $150B – Crypto News
-
others7 days ago
Here’s Dogecoin Price Prediction if Saudi Arabia Central Bank Drives BTC to $250,000 – Crypto News
-
others4 days ago
Shiba Inu Price Surges as Whales Buy 530 Trillion SHIB – Breakout Imminent? – Crypto News
-
others1 week ago
Crypto Trader Prints 517x Profit on Solana-Based Altcoin That’s Exploded 7,000% in Just One Week: Lookonchain – Crypto News
-
Cryptocurrency1 week ago
Cardano Price Down Again On Broader Market Decline. Here’s The Way Back Up – Crypto News
-
others1 week ago
USD/INR climbs on renewed US Dollar demand – Crypto News
-
Technology1 week ago
Save big on smart TVs: Up to 70% off on top models from best selling brands like Samsung, Sony, LG and more – Crypto News
-
Blockchain1 week ago
90% of institutions ‘taking action’ on stablecoins: Fireblocks survey – Crypto News
-
Business1 week ago
XRP Futures ETF Goes Live on May 19: Will It Beat ETH And BTC Debut? – Crypto News
-
others1 week ago
XRP Futures ETF Goes Live on May 19: Will It Beat ETH And BTC Debut? – Crypto News
-
others1 week ago
US Senators Make Potential Progress on Stablecoin Bill Amid Partisan Negotiations: Report – Crypto News
-
De-fi1 week ago
President Trump Urges U.S. to Engage with Bitcoin as Wall Street and Trillion-Dollar Firms Show Interest – Crypto News
-
Cryptocurrency1 week ago
UK confirms crypto tax data rules under CARF; first deadline set for May 2027 – Crypto News
-
Business1 week ago
World Liberty Financial Partners Chainlink To Enable USD1 Stablecoin Cross-Chain Transfers – Crypto News
-
Blockchain1 week ago
Bitcoin Panic Buying? Eric Trump Says the World Is Stockpiling BTC – Crypto News
-
Cryptocurrency1 week ago
Ripple’s XRP may enable BRICS to ditch dollar and settle trade in gold – Crypto News
-
others1 week ago
FBI Issues New Scam Warning, Says Fraudsters Have Been Impersonating ‘Senior US Officials’ in Text and Voice Messages – Crypto News
-
Cryptocurrency1 week ago
Galaxy Digital secures Nasdaq listing after 4 years: ‘$GLXY’ – Crypto News
-
Cryptocurrency1 week ago
NFTs rise 69%, hit new $4.8B high: What’s driving the 2025 surge? – Crypto News
-
others1 week ago
Mexican peso trims some losses from Banxico interest-rate cut – Crypto News
-
others1 week ago
Dow Jones finds fresh weekly highs as investor sentiment holds firm – Crypto News
-
others1 week ago
How Blockchain Technology Is Revolutionizing Data Security Across Industries – Crypto News
-
others1 week ago
United States Baker Hughes US Oil Rig Count fell from previous 474 to 473 – Crypto News
-
Business1 week ago
XRP DeFi Milestone: Vaultro Launches First Decentralised Index Fund Dashboard on XRPL – Crypto News
-
Metaverse6 days ago
Mint Explainer: Microsoft envisions a web driven by AI agents. What will it look like? – Crypto News
-
De-fi5 days ago
Binance Moves to Dismiss FTX’s $1.76B Clawback Suit, Citing Hong Kong Law and Sam Bankman-Fried’s 25-Year Sentence – Crypto News
-
Metaverse5 days ago
Indian companies lag in workforce upskilling amid AI disruption, job cuts – Crypto News
-
Technology4 days ago
Google supercharges Gemini with new AI features at I/O 2025: 13 Updates you should not miss – Crypto News
-
Cryptocurrency4 days ago
Bitcoin’s realized cap adds $3B – Here’s why BTC’s rally isn’t over – Crypto News
-
Technology1 week ago
XRP Price Cracks 5% After Kickbacks in Ripple-SEC Lawsuit, What’s Next? – Crypto News
-
Metaverse1 week ago
AI Tool of the Week: How to get end-to-end tasks done using Genspark Super Agent – Crypto News
-
Technology5 days ago
Apple Desperately Needs the AI Help It’s Seeking – Crypto News
-
De-fi5 days ago
JPMorgan, With $3 Trillion in Assets, Lets Clients Buy Bitcoin Near $105,300 Without Custody Service – Crypto News