PANews reported on December 7 that the oracle network Chainlink announced on its official blog that the v0.1 beta version of its staking protocol has been launched on the Ethereum mainnet and is now open to early experience users. It will be fully open at 12:00 Eastern Time on December 8 (1:00 Beijing Time on December 9). Users can stake up to 7,000 LINK and start receiving rewards. The current LINK pool limit is 25 million LINK tokens.

It is reported that in the current v0.1 pool, 22.5 million LINK are allocated to community stakers on a first-come, first-served basis, and 2.5 million LINK are allocated and reserved for node operator stakers. The staked LINK and rewards will be locked until the release of the staking protocol v0.2, which is scheduled to be released in approximately 9-12 months. In addition, Chainlink plans to provide more information about the expansion of the 25 million LINK pool in early 2023.