Chainlink Unveils 3 Major Products to Transform Web3 Economic Infrastructure
Chainlink, the decentralized oracle network, has launched three strategic products aimed at reshaping Web3 economic infrastructure. The new offerings—Chainlink Rewards, Smart Value Recapture (SVR), and Payment Abstraction—target streamlined on-chain payments, enhanced DeFi revenue models, and deeper community engagement.
Chainlink Rewards: Season Genesis marks a structured incentive program for network participants. Smart Value Recapture (SVR), now live with Aave, introduces mechanisms to optimize value distribution within DeFi protocols. Payment Abstraction simplifies transactional workflows on mainnet, reducing friction for users and developers.
These releases signal Chainlink’s push to cement its position as critical middleware for blockchain ecosystems. The innovations could accelerate adoption across DeFi, particularly for protocols reliant on secure oracle services.