This milestone is reached 2 months after the inauguration of the chainlink (LINK) reserve.
LINK purchases are made with the organization’s operating income, without incurring debt.
The Chainlink organization, behind the eponymous decentralized oracle network, has accumulated 523,158 LINK in its reserve, valued at $8.5 million. This record is reached just two months after the implementation of the so-called Chainlink Reserve.
The acquisition of these LINK tokens is executed without resorting to the issuance of new debt or external placements in the market (unlike other cryptocurrency treasury companies).
The protocol uses the operating income generated by the provision of its services to make purchases.
In the following graph you can see the growth of LINK reserves by the Chainlink organization.
This approach, facilitated by the Payment Abstraction function, programmatically converts received charges into stablecoins or commissions on LINK, consolidating the economic foundation of the network without exposing it to financial risks.
The central objective of the Chainlink Reserve is to ensure the long-term growth and sustainability of the platform. By allocating 100% of operating income to LINK conversion, the reserve exerts constant buying pressure on the asset and simultaneously reduces its circulating supply.
This strategy not only functions as a financial backer for the ecosystem, but also conveys a signal of confidence in the future viability of the Chainlink protocol.
The initiative aligns with a broader trend seen in the digital asset market, where institutional and corporate actors have opted for the strategic accumulation of digital currencies.
As CriptoNoticias has documented, companies like Strategy have built vast corporate reserves of bitcoin (BTC) and other companies, like Bitmine Immersion Tech, have done the same with ether (ETH), demonstrating a growing interest in integrating these assets into their balance sheets as part of a treasury strategy.