Chainlink

LINK Token Basics

• LINK is an ERC-20 token on Ethereum — standard wallet and exchange support
• Also available on multiple chains — Arbitrum, Optimism, Polygon, Avalanche, BSC
• Bridging LINK between chains uses official Chainlink bridge — verify bridge address before using
• Different chains have different LINK contract addresses — verify correct address per network

Token Transfers

• Standard ERC-20 transfer rules apply — gas paid in native token (ETH, MATIC, etc.)
• Some DeFi protocols accept LINK as collateral — Aave, Compound
• LINK has no special transfer restrictions — no tax tokens, no rebasing
• Decimals: 18 — same as ETH, standard precision

Staking (v0.2)

• Community staking allows LINK holders to stake — earn rewards for securing network
• Staking has capacity limits — pool may be full, waitlist exists
• Unbonding period applies — can't withdraw instantly after unstaking
• Rewards in LINK — automatically added to staked balance
• Slashing risk exists — node operators can lose stake for misbehavior