Chainlink has launched the Chainlink Reserve, an onchain strategic reserve of LINK tokens designed to support the long-term growth and sustainability of the Chainlink Network. This initiative is fueled by Payment Abstraction, a system that converts both offchain and onchain revenue into LINK, allowing users to pay for Chainlink services in their preferred form of payment, which is then programmatically converted to LINK. The Reserve is expected to grow from revenue accumulated through enterprise integrations, onchain service usage, and decentralized exchange infrastructure, with no withdrawals anticipated for several years. Chainlink's competitive edge lies in its decentralized oracle network, which has become the industry standard for price-oracle solutions, and its platform's ability to provide essential infrastructure for scaling tokenized assets. By complementing existing economic initiatives, the Chainlink Reserve aims to enhance Chainlink's role as a key connectivity layer in the blockchain industry, promoting the adoption of digital assets and offering institutions the capability to create complex blockchain applications efficiently.