We are excited to announce Chainlink Reserve—this update focuses on establishing a strategic on-chain reserve for LINK tokens. Chainlink Reserve will integrate user fees paid by large enterprises that have adopted the Chainlink standard, as well as service fees generated on-chain by Chainlink, converting them into LINK tokens for accumulation to support the long-term sustainable growth of the Chainlink network. Chainlink Reserve utilizes Payment Abstraction functionality and employs Chainlink services along with decentralized trading infrastructure to convert off-chain and on-chain revenues into LINK tokens. The market demand for Chainlink has already brought us hundreds of millions of dollars in revenue, a significant portion of which comes from off-chain fees paid by large enterprises integrating the Chainlink platform. As the demand for the Chainlink standard continues to grow among mainstream banks and capital market institutions worldwide, this new payment method will rise alongside the industry. At launch, Chainlink Reserve has already accumulated LINK tokens valued at over $1 million. In the coming months, more service revenue will be converted into LINK tokens and added to the Chainlink Reserve, thus the reserve size will continue to grow. Chainlink Reserve will not be withdrawn for many years, so its scale is expected to expand over time. We firmly believe that as the industry's demand for Chainlink's unique capabilities deepens, Chainlink services will be adopted by an increasing number of users, which will further drive the growth of Chainlink Reserve. 🧵👇