/biz/ - Business & Finance

>Honestly, I think Chainlink is one of the best-kept secrets in crypto in terms of how good of a business model they have. If you look at how much some of the L2s are paying Chainlink, it is a remarkable amount of money. It's well into the tens of millions a year. I've never talked to the Chainlink team about this. I've never verified those numbers on both sides, but some of the L2 founders I've spoken with say that they're paying Chainlink $20, $25, $30, $35 million a year because they need to get the apps and the products to come build on them. And if Chainlink isn't there, then the app is just going to choose somewhere else. So it's a pretty remarkable business that they've been able to build.
@JasonYanowitz co-founder @blockworks

ChainlinkEcosystem looks bugged or out of date so I can't find the figure but there are +20 chains part of SCALE by now

Optimism, TRON, AVAX, HBAR... are part of SCALE. It means they're all PAYING Chainlink tens of millions to benefit from the "Chainlink Effect". It's why AVAX is successful, all the banking news it got were related to CCIP trials, ic3 ties. Other chains want that.

The "Chainlink Effect" is the combination of the legacy dapps like Aave refusing to port over to other chains if they don't support Chainlink, and the understanding that tradfi will only onboard Chainlink-enabled chains via CCIP.

There are also +100 projects that have joined BUILD and forked over 3-5% of their supply to Chainlink.
Protocols like GMX also paying 1% of their total revenues to Chainlink.
Lots of newer and smaller chains or L2s are also now using CCIP as their canonical bridge.
BTCdefi also reliant on CCIP. No one is paying attention to this but Solv (BTC staking) is now the biggest user of CCIP. CCIP is already a top 3 bridge by volume just based on that one user.

Once regulatory clarity happens, +100 shitcoins, GMX fees will be airdropped.

No one is talking about this. The "Hiding Strategy" that's going on with all this is I.N.S.A.N.E.

>>22986394

rollin

0xceCc46E96E2173C0F371D7993542382C51915e22

>>16769161

>>16696578
well done honestly

>>14370214
Something from $0 - $6

>>14321935
also this

>>11796708
bullish

>>11784339

>>11777777

>>11624002
wtf guys, my clock is saying 14:88. How is that even possible?
Don't forget to vote:

https://www.strawpoll.me/16764725

Keep voting marines. We can't let the lovers win

>>11612959
Haha poor guy. Imagine for a second how absurd this must be for him. A bunch of boomer fans that just can't get enough of him. We are just like the 14 year old belibers

>>11572742
>Dont put your eggs in one basket
Unless its link

>>11548451

>>11502663
man i hope so.. if not oh well the memes were funny.

Sirgay's Stamp of Approval™

>>11397581

i'll swallow my nut for singularity.

>>11345098
redpilled