Stake.link integrates with Arbitrum for better staking economics and lower gas fees for Chainlink users.
Stake.link, a liquid staking platform for Chainlink (LINK) tokens, has integrated with the Ethereum-based layer one scaling solution, Arbitrum. This partnership aims to offer users better staking economics and lower gas fees for the Chainlink community. LINK stakers can now stake their tokens on Arbitrum, receive an NFT representing their staked SDL tokens, and bridge their stLINK receipt tokens to convert them to wrapped staked LINK (wstLINK) tokens on the Arbitrum network.
February 28, 2024
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