Chainlink is the largest provider of decentralized oracles in the crypto industry. The technology is particularly in demand in the field of decentralized finance. Oracles are also used by large companies that are not related to the blockchain. LINK is a native Chainlink token. It is used mainly to pay for the work of node operators, on the basis of which oracles work.

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Chainlink

RT @chainlink: 1/ The goal of #Chainlink Economics 2.0: unlock the immense value of Web3 by ensuring it has the sustainable, secure infrast…

1/ The goal of #Chainlink Economics 2.0: unlock the immense value of Web3 by ensuring it has the sustainable, secure infrastructure it needs to go mainstream.

Econ 2.0 hinges on:

• Increasing fees &amp; revenue capture
• Reducing operating costs
• Increasing security via staking https://t.co/wAMI9vLZlu