Chainlink Launches LINK Reserve to Fuel Long-Term Network Growth

Chainlink has introduced the chainlink Reserve, an on-chain treasury system designed to accumulate its native LINK token as a sustainable funding mechanism. The reserve currently holds over $1 million in LINK, sourced from revenue generated by enterprise and blockchain services. Payments are automatically converted to LINK via Chainlink's Payment Abstraction system.

Built on Ethereum, the smart contract includes a multi-day timelock for enhanced security, with real-time transparency enabled through a public dashboard. The Payment Abstraction infrastructure allows users to pay for services in various currencies, including stablecoins and fiat, which are then converted to LINK.

No immediate withdrawals are planned, positioning the reserve as a foundational asset for future network development and ecosystem incentives. This initiative highlights Chainlink's commitment to financial sustainability and long-term growth.