Chainlink has launched its Chainlink Reserve, a program that locks over $1 million worth of LINK tokens. This initiative drives significant market interest and price movements as the reserve’s impact on LINK tokenomics is expected to be substantial. 💰 📈 🔐 💸 🤖 💻 The reserve uses protocol revenue and enterprise payments to fund itself, strategically converting these into LINK tokens. This strategy directly ties Chainlink’s protocol revenues to its native token, enhancing on-chain value and triggering a notable 14% price increase. 📈. The initiative leverages partnerships with companies like Mastercard and JPMorgan for payment processing using Chainlink’s Payment Abstraction technology, which converts enterprise payments into LINK to fund the reserve. The launch resulted in a significant increase in LINK value, with markets reacting positively to this new development. 💰 🚀 📈