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