Chainlink Staking v0.2 is about to launch, with a staking pool cap of 45 million LINK

2023-10-20 09:38:00
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ChainCatcher news, Chainlink announces the upcoming launch of Chainlink Staking v0.2, with a staking pool cap of 45 million LINK. This upgrade focuses on providing greater flexibility for stakers through a new unbinding mechanism, enhancing the security of oracle services by reducing rewards, enabling seamless future upgrades through a modular architecture, and introducing a dynamic reward mechanism (supporting new sources of rewards in the future).

Stake v0.2 involves a three-phase launch process:

  1. Priority Migration: For a week, v0.1 stakers have the opportunity to migrate their v0.1 stakes and accumulated LINK rewards to v0.2;

  2. Early Access: For two days, community holders who meet predefined eligibility criteria can stake up to 15,000 LINK;

  3. General Access: In the final phase, anyone can stake up to 15,000 LINK.

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