Kryptopriser -Chainlink
link.e
Chainlink
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24t: -7d: 0.00%30d: 0.00%1y: 0.00%
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LINK on Tezos represents Chainlink's native token, LINK, bridged from the Ethereum blockchain to the Tezos blockchain. This bridging process allows LINK holders to utilize their assets within the Tezos ecosystem, leveraging its distinct features.
The bridging of LINK from Ethereum to Tezos is facilitated through Plenty Network. This process typically involves locking the original LINK tokens on Ethereum and minting an equivalent amount of wrapped LINK tokens on Tezos. This ensures a 1:1 representation of the asset across chains.
Chainlink is a decentralized oracle network that provides real-world data to smart contracts on the blockchain. Its native token, LINK, is used to pay for oracle services and to incentivize node operators.