Chanlink is converting a part of its Fiat Enterprise Revenue into its strategic link reserve.
Summary
- Chenlink converts its enterprise revenue into a strategic reserve
- Revenue comes from both-chains and off-chain revenue
- Link will step for tokens
The channel (link) is jumping in treasury accumulation. On Thursday, August 7, the project introduced the Chenlink Reserve to submit a link token. In particular, Chanlink will use both its on-chain revenue and enterprise of-chain revenue to deposit their reservation.
In particular, the Chanlink will allocate Fiat Fiat Reconnew Collectorate from enterprises, including data service and maintenance fee towards its reserve. On-chant revenue, such as use fees and revenue sharing, will also control the reserve.
These funds are processed through the payment of chainlinks through the intangible system, which converts them into a link tokens. The converted tokens then accumulate in the Chanlink Reserve, a smart contract posted at the atherium.
For chainlink, the reserve already eats. Reservation is on-chains, they are seen on Ethrakain.
What does Chenlink Reserve mean for links
Unlike most firms with strategic treasury stores, Chenlinks are not traded publicly. For this reason, its accumulation of strategic reserves does not fulfill the same objective that is among the strategy and metaplanet.
These firm stores investors as a way to give risk to investors for reserved assets. On the other hand, the motors of the Chanlink are converted into the price of the link tokens.
By converting the revenue to the link, the channel effectively connects its business performance with token demand. As the revenue increases, so reduces pressure to receive more link tokens, create additional dandas and reduce circulating supply. This mechanism is expected to support the top price pressure on the link over time.