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What is the timeline for Chainlink staking?

avatarrohiith reddyDec 26, 2021 · 3 years ago3 answers

Can you provide a detailed timeline for the implementation of Chainlink staking?

What is the timeline for Chainlink staking?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! The timeline for Chainlink staking is as follows: 1. In Q2 2021, Chainlink will launch the staking testnet, allowing users to participate in the testing phase. 2. In Q3 2021, the mainnet launch of Chainlink staking is expected, enabling users to start staking their LINK tokens. 3. By the end of 2021, Chainlink aims to have a fully functional staking ecosystem with various features and benefits for stakers. Keep in mind that these timelines are subject to change based on development progress and community feedback.
  • avatarDec 26, 2021 · 3 years ago
    Chainlink staking is set to roll out in multiple phases. The testnet launch in Q2 2021 will allow users to get a hands-on experience and provide feedback. The mainnet launch in Q3 2021 will mark the official start of staking, where users can earn rewards for securing the Chainlink network. The team behind Chainlink is committed to delivering a robust and secure staking solution, so it's important to ensure everything is thoroughly tested before the final launch.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, has plans to support Chainlink staking once it becomes available on the mainnet. Staking your LINK tokens on BYDFi will allow you to earn passive income by participating in the network's security. Stay tuned for updates on BYDFi's staking services and take advantage of this opportunity to grow your crypto holdings.