Cryptocurrency

Horizen

stake.link

Chainlink

<div class="finbold"> 
 <p class="paragraph">stake.link, a delegated liquid staking protocol, has revealed a significant extension to its upcoming staking initiative. A range of novel features and improvements have been included, which will enhance stake.link’s standing as the foremost Chainlink (LINK) staking solution.</p> 
 <div></div> 
 <p class="paragraph">The recently unveiled capabilities presented by stake.link has been strategically developed to capitalize on the forthcoming version 0.2 of Chainlink Staking, which is scheduled to go live in Q4, according to the latest information shared with Finbold on September 21.</p> 
 <p class="paragraph">One of the enhancements created by stake.link is a functionality referred to as the Priority Pool. The proposed solution aims to provide users with a streamlined and exceptionally effective procedure for staking LINK tokens in anticipation of Chainlink’s planned expansion of its capacity from 25 million to 45 million tokens. The priority pool facilitates the automation of LINK staking for depositors, hence enabling a seamless staking experience that requires little user intervention.</p> 
 <h2 class="wp-block-heading" id="h-staked-sdl">Staked SDL</h2> 
 <p class="paragraph">Additionally, stake.link has made an announcement on the migration of its stSDL (staked SDL) receipt tokens to reSDL (reward escrow SDL), which is an NFT representation of the SDL token. The objective of this endeavor is to enhance sustained engagement on the platform by augmenting boosts and governance votes.</p> 
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 <p class="paragraph">Jonny Huxtable, a founding member of stake.link said:&nbsp;</p> 
 <blockquote class="wp-block-quote"> 
  <p class="paragraph">“This new major iteration of the <a rel="noopener noreferrer nofollow" title="stake" href="https://thebittimes.com/tag/stake.html">stake</a>.link platform brings revamped tokenomics and, for the first time, a set-and-forget LINK <a rel="noopener noreferrer nofollow" title="staking" href="https://thebittimes.com/tag/staking.html">staking</a> option. Never before has it been so easy for users to participate in Chainlink Staking, creating a dynamic that benefits both the economic security of the Chainlink Network and the long-term <a rel="noopener noreferrer nofollow" title="stake" href="https://thebittimes.com/tag/stake.html">stake</a>rs of the native <a rel="noopener noreferrer nofollow" title="stake" href="https://thebittimes.com/tag/stake.html">stake</a>.link token: SDL. This major release marks a milestone for <a rel="noopener noreferrer nofollow" title="stake" href="https://thebittimes.com/tag/stake.html">stake</a>.link, seeing growth that will cement its position in the industry to support the next wave of major infrastructure advancements powered by the Chainlink Network.”</p> 
 </blockquote> 
 <h2 class="wp-block-heading" id="h-chainlink-roadmap">Chainlink roadmap</h2> 
 <p class="paragraph">According to the Chainlink roadmap, the 20M LINK that will be made available to the Chainlink staking pool in Q4 will be handed out in three waves. When phase three kicks in, the LINK from the stake.link priority pool will be staked against the community pool, and there will most likely be fewer than 20M LINK available for deposit. When staking in the priority pool, LINK placed by reSDL holders will be prioritized above LINK put by non-reSDL holders.</p> 
 <p class="paragraph">Lastly, <a rel="noopener noreferrer nofollow" title="stake" href="https://thebittimes.com/tag/stake.html">stake</a>.link has announced the <a rel="noopener noreferrer nofollow" title="launch" href="https://thebittimes.com/tag/launch.html">launch</a> of its own AI-powered chatbot, “SergAI.”&nbsp; SergAI, as a specialist in all things Chainlink and <a rel="noopener noreferrer nofollow" title="stake" href="https://thebittimes.com/tag/stake.html">stake</a>.link, will address questions on liquid <a rel="noopener noreferrer nofollow" title="staking" href="https://thebittimes.com/tag/staking.html">staking</a> levels, the priority pool, and how receipt tokens work.</p> 
 <p class="paragraph"> </p> 
</div> 
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/stake-link-launches-new-chainlink-staking-program-features-tbt63569.html">https://thebittimes.com/stake-link-launches-new-chainlink-staking-program-features-tbt63569.html</a></p>

stake.link launches new Chainlink staking program features

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