Roadkill

[Chainlink @chainlink]

https://t.co/FjlAiPyRCP

[Zach Rynes | CLG @ChainLinkGod]

JUST IN: @chainlink has officially launched the Chainlink Reserve 👀

This economic upgrade creates a strategic LINK reserve funded by onchain & offchain revenue

Institutional adoption → protocol revenue → LINK purchases → Reserve

Here's what this means for $LINK 🧵👇

[Chainlink @chainlink]

You are hereYou are hereYou are hereYou are hereYou are here.

[⬡ The_Crypto_Oracle ⬡ @Crypto___Oracle]

The thesis of Chainlink is completely different today than its early years.

How it started: A single data oracle service
How it's going: The Web3 cloud powering entire apps

Chainlink started out simple, providing existing data on to blockchains. Onchain apps used that data to make decisions like whether to liquidate a loan or how to settle a perp.

Chainlink then expanded into different types of computation (e.g., random number generation, keeper automation) before launching its cross-chain protocol. However, those were only building blocks to a much, much bigger value proposition emerging.

With the introduction of the Chainlink Runtime Environment (CRE), Chainlink is primed to be the main way developers and institutions both build onchain apps and power them through their lifecycle.

Chainlink is no longer just a service or even set of services, but the foundation underpinning onchain apps and use cases. It’s akin to the cloud but decentralized and for onchain apps, providing them the development framework for building apps, the key services they require, and the computation that powers them on the backend.

But why is this important? And why is Chainlink doing this?

The blockchain landscape is changing. You used to use a single blockchain as your cloud-like environment. But now there are hundreds of chains and you want to be able to interact across them all. Transactions are also more complex with the introduction of tokenized real-world assets (RWAs). This is the phenomenon of all the world’s existing value becoming tokenized, which is 100x the value that currently exists onchain. Thus, you must adopt RWAs if you want to succeed in this industry long term at any scale.

However, the introduction of RWAs requires new services. They require data like DeFi, but even more types of data, such as proof of reserves, net asset value, and much more. They also require compliance policies built into the asset itself and the services transacting them, which naturally needs identity data to work. Furthermore, they need privacy features, connectivity across chains, and integrations with legacy systems.

The best way to build an app like this is through a single platform that is chain-agnostic and has all the key services already built-in. This is Chainlink.

Chainlink is the only all in one platform where institutions can solve all their data, cross-chain, compliance/identity, privacy, and legacy system integration requirements. And importantly, they can combine these service into one sequential workflow (i.e., one piece of code) that Chainlink runs securely end-to-end in a decentralized manner.

This workflow is essentially an app that interacts seamlessly across chains and legacy systems while leveraging key services along its lifecycle. Once you build this workflow, you can easily reuse it and modify it to support new customers, new chains, new legacy systems, new oracle data, new use cases, etc without rewriting it all. It’s by far the most efficient and future-proof way to not only build DeFi apps, but apps for tokenized RWAs, which are the future of our industry.

This value prop puts Chainlink at the heart of onchain applications; far beyond just being a side service. The market doesn’t quite understand yet how well Chainlink is positioned, but it will because its product offering, vision, and historical track record of delivering solutions meshes perfectly with where the industry is heading and what TradFi & DeFi require to succeed in this new RWA paradigm.

[Chainlink @chainlink]

"They'll understand it when we power everything."

[Sonic @SonicLabs]

Post this picture with the hashtag #Soonic for a potential surprise.

Like and retweet to join the movement.

[Roadkill @ChainlinkSlave]

@knowerofmarkets @ChainLinkGod
and the content published by said author
https://t.co/3ESouNQNGp

[Alex Krüger @krugermacro]

1/469 The has been a very fundamental shift at the Federal Reserve.

The Fed has flipped decidedly hawkish. Their main worry is not employment, it is inflation. And to fight inflation the Fed has to increase interest rates.

Here's a thread about the Fed and crashing markets.

[Roadkill @ChainlinkSlave]

@linkchainlink Will the truth set this slave free?

[Route 2 FI @Route2FI]

A thread of threads with all my guides on:

-DeFi protocols
-Stablecoin strategies (20-160% APY)
-DeFi 2.0
-Financial freedom
+++

This will be an ongoing thread that will be updated every week, so make sure to bookmark it.

THREAD

[⬡ The_Crypto_Oracle ⬡ @Crypto___Oracle]

I wanted to write a (1/37) thread that attempts to put #Chainlink ($LINK) into a more realistic perspective as opposed to the polar extremes on Twitter, ranging from everything is perfect to token not needed. To do so, we must look at & beyond the LINK price action (PA) in 2021.

[Roadkill @ChainlinkSlave]

@ChainLinkGod @redcandlerandy Sir please delete. People need to hold onto what excuses are remaining

[Sergey Nazarov @SergeyNazarov]

As Chainlink's decentralized services expand beyond validated data e.g. Keepers/Off-chain Compute & CCIP, the Chainlink economy grows in both the value secured ($80Bn+) and the fees generated from that security. Super-linear staking is being worked on to increase security & fees.

[Daniele 🟧 ( Meme Quant ) @danielesesta]

Like and retweet if you’re part of the #FrogNation

[Roadkill @ChainlinkSlave]

CLG pulling through for all

[Zach Rynes | CLG @ChainLinkGod]

#Chainlink is the most widely adopted decentralized oracle network across the blockchain ecosystem

Below I have compiled a list of some of the best written/recorded resources across the Internet that dive deep into @Chainlink

Learn more today 👇
https://t.co/88BKODV2ud

[Roadkill @ChainlinkSlave]

@bitcoinpanda69 @benjamincowen Please confirm

[Decentral Station @DecentralStn]

Stopping a Bad Actor ✅
Setting a bad precedent ❌

It is posted under proposals but it is an decision.

Convex is both strength and weakness of curve.
Single point of failure as cost of an attack decreases with layering.

[Roadkill @ChainlinkSlave]

The song of my people

Naughty by Nature - CCIP

[World Economic Forum @wef]

Here's how companies can make sure they are blockchain-ready https://t.co/FVA0Rg5aAI @chainlink

[Benjamin Cowen @benjamincowen]

I dream one day I will wake up to $100 $LINK.

[Roadkill @ChainlinkSlave]

@benjamincowen So you're saying two milly is on the table?