Chainlink economics

The Chainlink Reserve is a strategic onchain reserve of LINK, designed to support the long-term growth and sustainability of the Chainlink Network by accumulating LINK tokens using offchain revenue from large enterprises that are adopting the Chainlink standard and from onchain service usage. The Reserve is being built up by using Payment Abstraction, which programmatically converts offchain and onchain revenue into LINK.

A cryptoeconomic security layer in the Chainlink Network, where ecosystem participants stake LINK to help increase the security guarantees and user assurances of oracle services.

Chainlink Rewards is a community engagement and rewards program designed to incentivize active participation in the Chainlink Network. The program enables Chainlink Build projects to make their native tokens claimable by Chainlink ecosystem participants, including eligible LINK Stakers.

Chainlink Build accelerates the growth of early-stage and established projects in the Chainlink ecosystem by providing enhanced access to Chainlink services and technical support. In exchange, projects commit a percentage of their total token supply to service providers in the Chainlink ecosystem, such as LINK Stakers.

Chainlink Scale enables blockchain ecosystems to offset the operating costs of Chainlink oracles operating on their network for a period of time, accelerating their ecosystem’s developer growth while supporting the economic sustainability of Chainlink services.

Chainlink Payment Abstraction reduces payment friction by enabling users to pay Chainlink Service fees in alternative assets, which are then automatically converted into LINK using a combination of Chainlink Automation, Price Feeds, CCIP, and a decentralized exchange (DEX).