Chainlink (LINK) begins a new staking regime. Meanwhile, a new project is set to take over DeFi.
How has this upgrade affected Chainlink price? And how will this new crypto become the next big thing in DeFi? Let’s get answers!
As part of the rollout for Chainlink Staking v0.2, Chainlink (LINK) upgraded its staking pool to 45 million LINK on November 28. With the launch, v0.1 stakers received a nine-day priority migration period to move their staked tokens to the upgraded staking protocol.
The early and general access periods run from December 7 to 11 to allow everyone to stake on the new version. The limit for each staker is 15,000 LINK.
The aim of increasing the staking pool is to bring in various classes of Chainlink (LINK) token holders. It will also add to the security of the network.
Chainlink Staking v0.2 is a part of Chainlink Economics 2.0, which is the next stage of the protocol’s evolution. Other features of the upgraded staking mechanism include a more flexible unbonding process which allows for quicker withdrawals.
It is also built with a modular architecture that favors adaptability and easy upgrading and development. The rewards system can also be adapted to “seamlessly support new sources of reward.”
Since the launch of Staking v0.2, Chainlink’ price has gained 7.8%, increasing from $14.20 to $15.31. While this may be down to increased network activity as v0.1 stakers migrate to the new version, analysts say the bullish market is the probable reason.
The Chainlink price prediction for 2024 is $97.34. Analysts say the expanded staking pool will drive increased network activity and TVL, thereby pushing the price to this level.
VC Spectra’s (SPCT) features have shown that it can be one of the top DeFi projects within a short time. The protocol offers the best blockchain investment experience you can find anywhere in DeFi.
In addition, VC Spectra (SPCT) has introduced new ideas into the blockchain investment sub-niche. For example, VC Spectra (SPCT) leverages artificial intelligence to identify and interpret trading patterns. Combining technology with human expertise makes for a more accurate reading of market trends.
VC Spectra (SPCT) is focused on ensuring wide access to the blockchain industry. The protocol is passionate about developing the blockchain space while making investors wealthy. This is why VC Spectra (SPCT) typically invests in early-stage companies.
In VC Spectra, investors purchase the SPCT token to access the numerous investment opportunities. Each VC Spectra (SPCT) token represents a share of the platform’s investment portfolio. This is why VC Spectra (SPCT) investors then earn dividends when the profits come in.
VC Spectra’s (SPCT) potential is apparent, which is why it could raise $2.4 million during its seed sale.
The public presale is ongoing, and VC Spectra (SPCT) has gained 862.5% so far, increasing from $0.008 in the first stage to $0.077 in the second stage. This surge has also helped bolster VC Spectra’s (SPCT) reputation in the crypto community. It has also attracted numerous investors.
More surges are on the horizon, and you can benefit by buying SPCT at $0.077. Other benefits of owning SPCT are access to exclusive new ICOs and voting rights.
All these show VC Spectra’s (SPCT) potential to be the best DeFi project.
To learn more about VC Spectra (SPCT), visit:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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