Chainlink Staking serves as a crucial cryptoeconomic security measure, allowing participants to commit LINK tokens in smart contracts to ensure oracle services' performance. This initiative is part of Chainlink Economics 2.0, aimed at enhancing data security and utility while reducing oracle service costs and expanding service provider participation. The beta version of Chainlink Staking (v0.1) launched on the Ethereum mainnet in December 2022, offering early access to eligible community members who meet specific criteria, such as long-term token holding or contribution to the Chainlink ecosystem. This early access phase prioritizes participants who are likely to alert potential service issues. Participants can stake up to 7,000 LINK, with node operators able to stake up to 50,000 LINK. The initial staking pool is capped at 25M LINK, with plans to scale as part of a security-focused rollout. Chainlink Staking will evolve alongside the broader Chainlink Economics 2.0 efforts, including initiatives like Chainlink BUILD and SCALE, aiming to ensure the long-term sustainability and security of the Chainlink Network as it supports a growing Web3 paradigm.