TLDR Crypto · INNOVATION & LAUNCHES

CHAINLINK PAYMENT ABSTRACTION IS NOW LIVE

blog.chain.link10 min read

Summary from the TLDR Crypto newsletter

Chainlink Payment Abstraction is now live on mainnet. It allows users to pay for Chainlink services using various tokens that are automatically converted into LINK using Chainlink Automation, Price Feeds, and a DEX. The system will eventually channel these converted fees to LINK stakers, streamlining node rewards and bolstering the network's economic sustainability.