Chainlink
| Specifications | Details |
|---|---|
| Platform (underlying architecture) | Oracle/Middleware |
| Consensus Algorithm | |
| Ecosystem | Ethereum |
| Token | LINK |
| Native Token Ticker | $LINK |
| Smallest Unit | Juel (1 LINK = 10^18 Juel) |
| ARR or APY | 4-5% |
| Max Supply | 1B (capped supply) |
| Staking Requirements (Min-Max) | Minimum (Node Operator) - 1,000 LINK Maximum (Node Operator) - 75,000 LINK Minimum (Community Staker) - 1 LINK Maximum (Community Staker) - 15,000 LINK |
| Stake Activation Period | None |
| Reward Distribution Period | In real-time |
| Compounding | Manual |
| Compounding Frequency | Rewards can be staked again when earned and claimed if the staking pool allows |
| Unbonding Period | 28 days |
| Lockup Period | None |
| Penalties and Slashing | Yes |
| Burn Mechanism | None |
| Node Operator Self-Bond Requirement | Minimum (Node Operator) - 1,000 LINK Maximum (Node Operator) - 75,000 LINK |
| Inflation | |
| Oracle Node Operator Diversity | Anyone can be a node operator. Only ETH/USD data feed is secured by LINK staking and currently, 31 node operators running Oracle nodes for ETH/USD data feed. |
| Governance Mechanism | No on-chain & off-chain governance. Core development team is the final decision maker |
| Smart Contract Support | |
| Smart Contract Programming Language | |
| Cross-chain Compatibility (Interoperability) | Yes |
| TPS (Transaction Throughput) | |
| Transaction Finality | |
| Link to Explorer(s) | https://ccip.chain.link/ |
| Testnet Faucet | https://faucets.chain.link/ |
| Figment’s Public Validator Address | N/A: Protocol Doesn't Support Delegations |
| Figment Staking Guide | N/A |
| Figment Supported MEV Relay | N/A |
| Recommended Wallet(s) | Ledger, Metamask |
| CoinGecko Profile | https://www.coingecko.com/en/coins/chainlink |