Read

Chainlink

Maverick Protocol

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. 
Chainlink (LINK) prices fell following the general access unlocks of Chainlink v0.2. The decrease was influenced by specific conditions tied to the new staking system.&nbsp; 
Meanwhile, Borroe Finance (<a href="https://borroe.co/crn60" target="_blank" rel="noreferrer noopener">ROE</a>) is trending higher, raising over $1.9 million in the ongoing presale. 
<h2 class="wp-block-heading" id="chainlink-tumbles-even-after-launching-new-staking-protocol">Chainlink tumbles even after launching new staking protocol</h2> 
In a post on Dec. 11, <a href="https://crypto.news/chainlink-announces-top-winners-of-constellation-2023-hackathon/" data-type="post" data-id="14230164">Chainlink</a> announced the public access to their new staking protocol. Users can now stake LINK for a 4.3% variable reward. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://twitter.com/hashtag/Chainlink?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Chainlink</a> Staking v0.2 has officially entered General Access. With the community pool having been filled during Early Access, anyone can stake LINK whenever an existing staker completes a withdrawal and pool space becomes available.<a href="https://t.co/Gdt5FiQmOR" target="_blank">https://t.co/Gdt5FiQmOR</a>— Chainlink (@chainlink) <a href="https://twitter.com/chainlink/status/1734258516901167590?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">December 11, 2023</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
Initially launched in November, the pool opened to the public on Dec. 11, and over 40.8 million LINK were staked as users migrated to v0.2.&nbsp; 
 You might also like: <a href="https://crypto.news/proposal-to-integrate-chainlinks-low-latency-oracles-in-gmx-v2-forwarded/"> Proposal to integrate Chainlink’s low-latency oracles in GMX v2 forwarded </a> 
Even so, the unlock only grants immediate access to new users; they have to wait for existing stakers to withdraw their tokens.&nbsp; 
LINK dropped 14.38% from $16.36 to $14.01 between Dec. 11 and Dec. 17.&nbsp; 
Despite this development, experts say the token could rise to $20.00 in future trading sessions. 
<h2 class="wp-block-heading" id="borroe-finance-raises-over-2-million-in-presale">Borroe Finance raises over $2 million in presale</h2> 
<a target="_blank" href="https://borroe.co/crn60" rel="noreferrer noopener">Borroe Finance</a>&nbsp;has secured $2 million in funding.&nbsp; 
Funds will be used for the project’s launch, partnerships, technical support, and other essential activities.&nbsp; 
Borroe Finance is an AI-powered funding marketplace for web3 content creators to trade their future earnings for money.&nbsp; 
 You might also like: <a href="https://crypto.news/expert-insights-on-ethereum-traders-explore-filecoin-and-borroe-finance/"> Expert insights on Ethereum; traders explore Filecoin and Borroe Finance </a> 
The platform facilitates businesses in raising funds by converting their future earnings into non-fungible tokens (NFTs) and selling them at discounted prices to supportive communities.&nbsp; 
It has a user-centric approach is committed to web3 principles of decentralization, inclusivity, and transparency. 
ROE is available for $0.0175 in stage 3 but will rise to $0.0200 in the next phase.&nbsp; 
Learn more about Borroe Finance (ROE) here: 
<a href="https://borroe.co/crn60" target="_blank" rel="noreferrer noopener">Visit Borroe Finance Presale</a>&nbsp;|<a href="https://t.me/Borroe" target="_blank" rel="noreferrer noopener">&nbsp;Join The Telegram Group</a>&nbsp;|<a href="https://twitter.com/Borroe_Finance" target="_blank" rel="noreferrer noopener">&nbsp;Follow Borroe Finance on X</a> 
 Read more: <a href="https://crypto.news/maverick-protocol-launches-on-bnb-chain-chainlink-and-borroe-finance-build-momentum/"> Maverick Protocol launches on BNB Chain, Chainlink and Borroe.Finance build momentum </a> 
 Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

Weekly crypto brief: Chainlink falls, Borroe Finance raises over $2m

Table of Contents

crypto.news

Other articles published on Dec 25, 2023

Chinese Political Investors and Binance Tangle in Texas Mining Turmoil

Macro Investor Dan Tapiero Forecasts Major Upswing for Bitcoin by 2024

Emirates Post and MBZUAI Unveil AI-Designed National Day Stamps

Sparklo (SPRK) Becomes Best Alternative Investment Coin Over Tron (TRX) and Flow (FLOW)

Crypto Exchange Listing and Delisting Announcements: December 25, 2023

Japanese Government Dismissed Tax On Unrealized Crypto Profit

Join our free newsletter for daily crypto updates!