Chainlink Mainnet Upgrade: Payment Abstraction Facilitates Fees Conversion to LINK

Chainlink’s mainnet has launched a groundbreaking upgrade called Payment Abstraction. This new system converts service fees directly into LINK, the native cryptocurrency of the Chainlink Network. Aave is the first DeFi protocol to integrate this technology, leveraging it to reclaim valuable MEV (MEV) from liquidation events. This innovative approach enhances efficiency and simplifies the user experience across the Chainlink network.