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chainlink

Chainlink

Network:
Ethereum Mainnet

Fee:
5.0%

Oracle Services that are enterprise grade

Highly Available & Secure

Reliable Guaranteed Uptime

Real Time On-Chain Dune Monitoring

Block Farms offers the following custom solutions:

  1. Direct Request, 

  2. Flux Monitor, and

  3. Decentralized Oracle Network (DON) data feeds.

Block Farms can connect any private or public, premium or free API endpoint and securely host your protocol’s custom infrastructure which your smart contracts may require.

99

Uptime (%)

2,069,198

Total Transactions Serviced

2

Mainnet Networks

1,584,405

Total Mainnet Transactions Serviced

1

Testnet Networks

484,793

Total Testnet Transactions Serviced

Reach out for customized solutions that redefine DeFi

What is Chainlink?

Chainlink is a network agnostic network which enables smart contracts to access off-chain data in a secure and decentralized manner. This functionality is critical for the adoption and growth of blockchain technology in various industries.

What is LINK?

LINK is the native cryptocurrency token of the Chainlink network, which has been tradable since the 20th of September, 2017 and can be purchased on markets that are indicated at on Coingecko. Node operators are incentivized to provide accurate and reliable data because they earn LINK tokens as payment. Smart contract creators also need to hold LINK tokens to use Chainlink’s services, such as creating and managing oracle contracts.

LINK token holders can stake their LINK tokens on ETH mainnet to passively earn more LINK, delegating them to the Chainlink network.

Where to buy LINK?

Decentralized Exchanges (DEX):
(1) Uniswap.org on the ETH/MATIC/ARBI/OP Network,
(2) 1inch.io on the BSC/AVAX/FTM/KLAY Network,


Centralized Exchanges (CEX):

(1) Kraken,
(2) Binance,
(3) Bybit,

How to delegate and stake LINK?

Staking guide for Chainlink

Stake your LINK tokens by following these few steps with your wallet of choice:

Using Metamask wallet

  1. Connect your Metamask wallet on https://staking.chain.link/.
  2. Navigated to the Stake tab and click “Stake.”
  3. Confirm the staking tx in Metamask.

What is the APY %?

As of writing, the APY is ~4.75%.

Can I withdraw my stake and staking rewards?

Liquid Staking LINK tokens and rewards can be wtihdrawn at anytime.

There is no withdrawal for non-liquid Chainlink staking of both rewards and original stake.

When will I receive my first staking rewards

After your delegation is completed you will get payouts for every block (~6sec).

Community & Ecosystem

 
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