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@IgorBelykh more from that month

Where are X's hidden in Chainlink 2.0? Chainlink connects smart contracts on the blockchain with information from the real world. Chainlink oracles can take any information and "package" it into the blockchain: prices, weather, outcomes of sporting events... Why are oracles needed? Let's say you exchange ETH for USDT via Uniswap. Where to get the price of ETH? The oracle takes the average price from the major exchanges. Without it, DeFi would be in chaos. 📈Reasons for Growth + LINK has been dominating DeFi for over 2 years and has no competitors yet. + LINK has partnered with SWIFT to integrate blockchain and real-world information. SWIFT processes $5 trillion worth of data every day. + LINK staking will be launched in December. Oracles will have to block LINK. More locked = more oracle can be trusted = more oracle earns. This is an incentive NOT to sell LINK. + Chainlink BUILD is a new Econ2 program where projects pay a significant portion (3-5%) of their native tokens in exchange for oracle services and technical support. That is, for staking you will be able to receive 4-5% per annum in LINK + tokens of other projects. + There are 1534 projects and 1812 integrations in the LINK ecosystem, and this number will only grow. Projects include AWS, Google Cloud, T System... It's impossible to fully grasp the scope of what ChainLink is working on. + LINK has lost 85% off the highs and is trading at 2020 levels. Further potential for growth is more partnerships, staking, and bringing crypto into the real world. 📉Risks - A project about technology, not hype. Therefore, a sharp pam should not be expected, and further boring trading in the $5-$7 range is quite possible. - Another 50% of the tokens did not get into circulation. This means that there will be pressure on the price of new coins in the future. ✅The LINK output looks very good with current partnerships, token price and upside potential. But when buying now, you need to be ready to pick up LINK below 5 in case of a BTC spill. I am sure that this project will survive the bear, even if DeFi dies. Any integration of the real world into crypto requires LINK oracles. You know what advice! © CryptoGuru

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