/biz/ - Business & Finance

There are a few reasons for Chainlink partners to accumulate the tokens CeFi platforms are currently dumping.
This could bankrupt CeFi while giving a cheap investment for their partners to pay the future Chainlink node fees in their partner growth program.
Is the Partner Growth Program the hidden key element for the buying pressure on the opposite side of CeFi platforms shorting?

https://blog.chain.link/chainlink-staking-roadmap/

>3. Generate Sustainable Rewards From Real Long-Term Use
>User service fees from sponsors of Chainlink oracle services, with a portion directed to the stakers. The more users pay for Chainlink oracle services, the greater the amount of fees that can become available to reward stakers who help secure those services.


>Furthermore, stakers in v0.1 will also be eligible to earn additional benefits from the Partner Growth Program (PGP). This program is an initiative planned to launch alongside Chainlink staking where Chainlinked projects provide various benefits to accelerate their growth and align their economic incentives with the Chainlink community. This alignment creates incentives for Chainlink stakers to become active participants in a project’s ecosystem, providing an avenue for accelerated adoption. An early version of PGP is planned for v0.1, with a more complete version slated for v1. More details will be provided in the future.

Even without that every future node provider has an incentive to buy Chainlink at the current prices if they plan to use staking to get higher reputation later.
They may never get an opportunity like this again.