Chainlink LINK Reserve Funded by On-Chain and Off-Chain Revenue Launches
Chainlink has launched a LINK reserve, funded by real revenue streams from both on-chain and off-chain sources. This initiative utilizes Chainlink’s Payment Abstraction framework to accumulate LINK from enterprise integrations and decentralized services. The reserve, built on Ethereum, operates as a smart contract that stores LINK acquired through fee-based services.
Payment Abstraction, introduced earlier this year, enables the conversion of revenue into LINK, supporting multiple currencies while keeping LINK central to the network’s economics. The system now includes off-chain payments, allowing traditional enterprises to contribute to the reserve. Over $1 million worth of LINK has already been deposited.
"We do not expect any withdrawals from the Reserve for multiple years, and thus it is expected to grow over time," the chainlink team stated. The reserve highlights Chainlink’s expanding ecosystem, with off-chain revenue from partnerships already reaching hundreds of millions of dollars.