Chainlink on 7 August unveiled the Chainlink Reserve, an on-chain mechanism designed to buy and hold LINK tokens using both on-chain service fees and off-chain revenues from enterprise clients. The company said payments made in fiat, stablecoins or other crypto assets will be automatically converted into LINK through its Payment Abstraction infrastructure before being deposited into the reserve contract on Ethereum. The reserve, which already contains more than US$1 million worth of LINK from an initial funding phase, is intended to grow over time with no withdrawals expected for several years, according to Chainlink co-founder Sergey Nazarov. Management says the facility will support long-term network sustainability by aligning token supply with rising demand for Chainlink data, cross-chain messaging and other oracle services used across more than 60 blockchains.