The supply of Chainlink’s native token, LINK, is a fascinating element that intrigues both seasoned investors and newcomers alike. LINK operates within a capped supply model, meaning that there exists a finite quantity of the token. As of now, the total supply is 1 billion LINK coins, a figure that underscores the platform’s promise of scarcity and value preservation in the rapidly evolving blockchain ecosystem. Unlike some cryptocurrencies that feature an inflationary supply to incentivize miners or validators, Chainlink’s constant supply encourages a stable economic habitat for its participants.
Dividing the total supply further reveals essential insights into how LINK tokens are distributed and utilized. The current distribution model includes:
- Public Sale: A portion of the tokens was sold to the public during initial distribution.
- Founders and Team: A fixed percentage was allocated to the founding team and early contributors.
- Advisors and Partnerships: Certain tokens were set aside to forge key partnerships and incentivize advisors.
- Network Operations: Funds are reserved for continuously supporting and enhancing the Chainlink network.
| Distribution Category | Percentage of Total Supply |
|---|---|
| Public Sale | 35% |
| founders and team | 30% |
| Advisors and Partnerships | 10% |
| Network Operations | 25% |