/biz/ - Business & Finance

>>15560105
From: https://medium.com/linkpool/staking-with-chainlink-b58eb3de6f1b

The first thing to understand is that staking with Chainlink doesn’t really work anything like it does with other staking tokens or coins. There is inherently more work involved for the node operator than just placing the tokens into a wallet. To give some context as to how rewards are generated with Chainlink, nodes on the network can undertake jobs to retrieve and provide data to smart contracts and get paid in LINK tokens. This reward is determined by the contract creator and will likely vary greatly depending on the nature of the job. However, while this is how rewards are generated this is not where staking comes into play.
As the Chainlink network matures, smart contract creators will eventually have the ability to require node operators to put up collateral before accepting their job. Typically this will be in order to make sure the node operator supplies correct data throughout the length of the contract with no downtime, and in the event any of these requirements are not met, the collateral will be forfeited as a penalty.

>Some jobs will require a certain amount of Link (10,000K Collateral for example) Thus it can be expected that the more Link you stake the more jobs you will receive.