The Chainlink native token is one of today’s best-performing crypto assets following the latest long-term staking roadmap release.
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The primary goal of staking is to increase the security and user assurances of Chainlink oracle services. LINK tokens are locked up as a “service-level guarantee around network performance,” it explained. Furthermore, incentives and penalties such as slashing enable Chainlink nodes to consistently generate accurate oracle reports and deliver them in a timely manner.
Thirdly, Chainlink staking aims to generate sustainable rewards from actual long-term use. It expects long-term growth to result in a greater portion of staking rewards being sourced from “non-emissions-based sources.”
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