Stake Chainlink
with Simply Staking

Chainlink is a decentralized oracle network that enables smart contracts on blockchain platforms to securely interact with real-world data and external APIs. It provides reliable, tamper-proof inputs and outputs for complex smart contracts, making it a critical infrastructure for decentralized applications (dApps).

Chainlink uses a network of independent, decentralized oracles to fetch and verify data from various sources. These oracles are incentivized to provide accurate and reliable data through a reputation system and economic rewards, ensuring that the data used by smart contracts is trustworthy.

LINK is the native token of the Chainlink network. It is used to pay for services within the network, such as compensating node operators for retrieving and delivering data. LINK is also used as collateral by node operators to ensure the quality of service and to participate in the network's decentralized governance.

You can stake LINK tokens directly via Simply Staking by clicking the "Stake" button above. Staking LINK allows you to support the network's operations, contribute to its security, and earn rewards for your participation.