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<ul>
 <li>Chainlink launches v0.2, expanding staking pool for broader participation.</li>
 <li>Enhanced security, variable rewards in Chainlink’s Staking v0.2 rollout.</li>
 <li>Phased entry system fosters diversified participation in Chainlink’s staking initiative.</li>
</ul>
<p>Chainlink, a frontrunner in oracle services, is preparing for the launch of Staking v0.2 later this year. The initiative, pivotal in the <a href="https://blog.chain.link/chainlink-staking-v0-2-overview/" target="_blank" rel="noopener noreferrer nofollow">Chainlink Economics 2.0 framework</a>, aims to fortify the network’s crypto-economic security by introducing a new layer of staking using <a href="https://cryptonewsland.com/chainlink-surges-to-new-highs-bullish-momentum-sparks-investor-optimism/" target="_blank" rel="noopener noreferrer nofollow">LINK tokens</a>.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Chainlink?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Chainlink</a> Staking v0.2 is launching this year ⬡<br><br>Mark these dates on your calendar <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/270f.png" alt="✏" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f5d3.png" alt="🗓" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>• Priority Migration: November 28, 2023 at 12PM ET<br>• Early Access: December 7, 2023 at 12PM ET<br>• General Access: December 11, 2023 at 12PM ET<br><br>Planning to stake your LINK? Read this <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/VdvVx81MSt" rel="noopener noreferrer nofollow">pic.twitter.com/VdvVx81MSt</a></p>— Chainlink (@chainlink) <a href="https://twitter.com/chainlink/status/1722630327720726886?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 9, 2023</a>
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<p>Last year, Chainlink introduced v0.1, establishing a 25M LINK staking pool that supported the ETH/USD Data Feed on Ethereum. Both Community Stakers and Node Operator Stakers in v0.1 earned rewards by engaging in a decentralized alerting system to maintain performance standards.</p>
<p>The upcoming v0.2 launch, slated for Q4, expands the <a href="https://staking.chain.link/eligibility" target="_blank" rel="noopener noreferrer nofollow">staking pool</a> to 45,000,000 LINK, promoting accessibility through phased entry periods. The initial Priority Migration phase on November 28, 2023, allows v0.1 stakers to migrate or withdraw their stakes.&nbsp;</p>
<p>Subsequently, the Early Access, starting on December 7, 2023, and General Access on December 11, 2023, open opportunities for eligibility-listed token holders and the general public, respectively, to participate in Staking v0.2.</p>
<p>Designed as a fully modular and upgradable platform, v0.2 focuses on enhancing security, ensuring non-custodial staked LINK, and supporting future expansions. A crowdsourced audit through the Code4rena platform, engaging developers, further reinforces security measures.</p>
<h3 class="wp-block-heading" id="h-chainlink-introduces-dynamic-rewards"><strong>Chainlink Introduces Dynamic Rewards</strong></h3>
<p>The introduction of dynamic reward rates in v0.2 marks a shift from fixed rates, ensuring rewards are proportionate to pool fill rate. The calculated variable reward rate aims to optimize pool filling while preparing for anticipated future reward sources, such as user fees.</p>
<p>Furthermore, v0.2 enhances security measures, allowing the slashing of staked LINK for Node Operator Stakers in cases of non-compliance with performance standards. Community Stakers are not subjected to slashing in this version, ensuring their risk-free engagement.</p>
<p>The phased approach to entry in v0.2 aims to diversify participation, strengthening the network’s security by including a broad array of stakeholders. The development of this staking protocol signifies <a href="https://cryptonewsland.com/chainlinks-meteoric-40-surge-unveils-next-gen-staking-innovations/" target="_blank" rel="noopener noreferrer nofollow">Chainlink’s commitment</a> to fortifying its infrastructure and further democratizing participation in the crypto space.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/chainlink-staking-v0-2-set-for-q4-launch-with-enhanced-features/" rel="noopener noreferrer nofollow">Chainlink Staking v0.2 Set for Q4 Launch with Enhanced Features</a></li>
 <li><a href="https://cryptonewsland.com/chainlinks-meteoric-40-surge-unveils-next-gen-staking-innovations/" rel="noopener noreferrer nofollow">Chainlink’s Meteoric 40% Surge Unveils Next-Gen Staking Innovations</a></li>
 <li><a href="https://cryptonewsland.com/lightning-labs-unveils-taproot-assets-v02/" rel="noopener noreferrer nofollow">Taproot Assets v0.2: New Era for Bitcoin Lightning Network</a></li>
 <li><a href="https://cryptonewsland.com/chainlink-link-price-analysis-aug-week-4-to-sept-week-2/" rel="noopener noreferrer nofollow">ChainLink (LINK) Price Analysis Aug Week 4 to Sept Week 2</a></li>
 <li><a href="https://cryptonewsland.com/a-golden-month-for-chainlink-analyzing-links-prospective-rise/" rel="noopener noreferrer nofollow">A Golden Month for Chainlink? Analyzing LINK’s Prospective Rise</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/chainlink-set-to-launch-staking-v0-2-amid-link-price-surge/" rel="noopener noreferrer nofollow">Chainlink Set to Launch Staking v0.2 Amid LINK Price Surge</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Chainlink Set to Launch Staking v0.2 Amid LINK Price Surge

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