Halal crypto ratings

LINK (Chainlink)

Network Purpose

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.

Shariah Compliance

Compliant

Shariah PowerRating

5/10