Chainlink,
the
biggest
blockchain
data-oracle
project,
saw
a
powerful
uptake
for
its
expanded
crypto-staking
program,
pulling
in
over
$632
million
worth
of
its
LINK
tokens
and
filling
up
to
the
limit
just
six
hours
after
the
start
of
an
early-access
period,
the
company
said
in
a
press
release.
The
“V0.2”
community
staking
mechanism
opened
for
early
access
from
12
p.m.
ET,
and
within
30
minutes,
some
32.8
million
LINK
had
been
staked;
six
hours
later,
the
community
pool
had
hit
the
new,
higher
capacity
of
40.875
million
LINK.
The
price
of
LINK
was
up
by
12%
over
the
past
24
hours
to
$16.72,
according
to
CoinDesk
data.
Overall,
the
expanded
staking
pool
capacity
is
45
million
LINK,
up
from
25
million
under
v0.1,
a
figure
that
includes
the
community
pool
allocation
as
well
as
a
separate
node
operator
pool.
According
to
a
Chainlink
spokesman,
there
are
currently
1.8
million
LINK
in
the
node
operator
pool,
out
of
a
capacity
of
4.125
million.
Some
21.9
million
LINK
migrated
over
from
the
earlier
version
of
the
staking
program.
Staking
is
part
of
what
the
company
calls
Economics
2.0
that
is
meant
to
help
secure
the
Chainlink
system.
Chainlink
staking
enables
node
operators
–
which
help
engineers
fetch
external
data
–
and
community
members
to
support
the
performance
of
oracle
services
with
staked
LINK.
People
can
also
earn
rewards.
“Staking
v0.2
introduces
important
new
security
features
and
sets
the
system
up
for
even
further
growth
in
the
year
to
come,”
Chainlink
co-founder
Sergey
Nazarov
said
in
a
press
release.
Read
more:
Sergey
Nazarov:
The
Crypto
Oracle
