3X Short Chainlink Token (LINKBEAR) is an ERC20 token which seeks a return that corresponds to -3 times the daily return of Linkchain.
What is the use of Chainlink token?
The LINK token is used in the Chainlink network to compensate Chainlink Node operators for the retrieval of data from the external data sources, turning it to blockchain readable format, off-chain computation, and uptime guarantees.
What is Link bull?
3X Long Chainlink Token (LINKBULL) is an ERC20 token which seeks a return that corresponds to 3 times the daily return of ChainLink Token.
Is ChainLink based on Ethereum?
LINK is built on Ethereum in accordance with the ERC-20 standard for tokens. It can be bought and sold for fiat currency or other digital currencies.
What are 3X long tokens?
A leveraged token allows you to take a leveraged position in a cryptocurrency, meaning your earnings or losses are multiplied. For example, a token called 3X Long Ethereum Token (ETHBULL) triples the profits of an Ethereum investment. So if Ethereum increases by 1%, ETHBULL’s value increases by 3%.
Does Google use Chainlink?
Chainlink, a leading provider of data feeds to blockchain-based smart contracts, has now fully added decentralized weather data from the Google Cloud. Google Cloud and Chainlink have been collaborating since 2019 to allow Chainlink to incorporate Google Cloud data.
Is Sergey Nazarov Russian?
Sergey Nazarov is an online entrepreneur from Russia who is most widely known as the co-founder of the Chainlink and SmartContract. In addition to these endeavors, Nazarov also co-founded CryptaMail and Secure Asset Exchange. As of February 10, 2021, Nazarov was 32, according to Bitcoin.com.
Can a link reach $100?
In five years, it is forecasted that Chainlink will surpass the $100 mark. According to CoinSwitch, Chainlink is forecasted to approach the $100 levels as 2025 comes to a conclusion. This isn’t to say that it won’t happen, but Chainlink reaching the $100 mark by the end of 2021 might seem a bit ambitious.