Enables smart contracts to securely and reliably access off-chain data. Chainlink is used to connect smart contracts to external data sources for secure and accurate information. The LINK token is used for transactions and to pay validators for securing the network.
Token Use Cases
1. Network token 2. Staking
Protocol & ConsensusMechanism
Proof-of-Stake
Tokenomics
The total supply of LINK is fixed at 1 billion tokens.