Chainlink Just Supercharged LINK Staking—Now Pays Out in Rival Tokens (Because Why Not?)
Chainlink’s staking program just got a plot twist: LINK holders now earn rewards in tokens from other projects. Move over, single-asset yields—cross-pollination is the new game.
How it works: The oracle network’s v0.2 staking pool ditches LINK-only rewards, instead distributing tokens from projects using Chainlink’s services. A clever play to deepen ecosystem ties—or a desperate bid to retain stakers as APYs crumble? (We see you, TradFi refugees.)
The fine print: Early participants snag boosted rewards, but the 45M LINK cap means whales will likely front-run the little guys—because when has crypto ever been fair?
Bottom line: Chainlink’s throwing the kitchen sink at staking engagement. Whether this hybrid model catches on or becomes another ’innovative’ flop depends on one thing: Can these altcoin payouts actually compete with Ethereum’s juicy restaking yields?
