Zach Rynes | CLG

Zach Rynes | CLG

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Community Liaison @Chainlink | Blog https://t.co/IonICLpj9t | Podcast https://t.co/kqA2T0K23G | Explaining crypto from first principles | Opinions are my own

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Zach Rynes | CLG

Amazing progress has been made in recent months with Chainlink building key relationships and driving crypto clarity at all levels of U.S. government People think of Chainlink as a connectivity solution in purely the technical sense But it’s also true at human level too; increasingly, Chainlink is seen as the trusted advisor on key issues in crypto, while remaining accessible across both isles In this case, engaging policymakers and industry leaders to advance digital asset standards across Texas But things are just getting started :) twitter.com/ChainLinkGod/statu...

Zach Rynes | CLG

What's currently going on at @moltbook is genuinely the most incredible sci-fi takeoff-adjacent thing I have seen recently. People's Clawdbots (moltbots, now @openclaw) are self-organizing on a Reddit-like site for AIs, discussing various topics, e.g. even how to speak privately. twitter.com/karpathy/status/20...

Zach Rynes | CLG

AI development is accelerating at such an insane speed I genuinely can’t keep up anymore 30,000 autonomous local AI agents (@openclaw) now have their own social media site (@moltbook) where they’re discussing how to proactively improve themselves without human input @AnthropicAI and @OpenAI employees no longer write code to improve their AI models, rather the AI models are now write the code that improves itself This is what being on the exponential feels like twitter.com/ChainLinkGod/statu...

Zach Rynes | CLG

Bitwise CIO @Matt_Hougan: "If I'm thinking of my Mount Rushmore of crypto assets its $BTC, $ETH, $SOL and I think Chainlink ( $LINK ) may be the fourth asset on that mix" "If you're bullish on stablecoins and tokenization, then you're bullish on the intersection of crypto and real-world assets — maybe even crypto and the real world in general. And if you're bullish on that intersection, the connecting lever is oracles, of which Chainlink is the leader"

Zach Rynes | CLG

Bothers me to no end that the only time crypto VCs bring up Chainlink is when they want to talk shit on it I get it, they’re underexposed bc there was no chance to buy in cheaper than retail did and they decided to fund companies whose bull case Chainlink largely nullifies But there’s simply zero respect for what Chainlink has accomplished (or even as much of an acknowledgement for how value and utility Chainlink has created for their various chain investments) Upside is that there is no VC overhangs on $LINK like with so many tokens these days; there is deep value in such independence

Zach Rynes | CLG

I do not see a world where the wealth effect from the gold rally does not translate to Bitcoin Acceleration of monetary debasement + growing geopolitical uncertainty + most successful ETF ever + extremely pro-crypto admin Hard to imagine a more favorable set of conditions twitter.com/ChainLinkGod/statu...

Zach Rynes | CLG

Chainlink is a permissionless protocol for building oracle networks, Chainlink Labs builds oracle network services on top of that protocol, companies then pay for the integration, maintenance, and usage of those oracle network services Oracle networks are not autonomous “set and forget” infrastructure like blockchains, their purpose is to generate consensus about the messy subjective real world which requires continuous monitoring, upgrades, and ability to resolve issues on the order of minutes Who do you think is waking up at 3AM to resolve a data feed issue because a blockchain decided to do a hard fork without giving anyone else notice again We are talking about real world mission critical infrastructure securing $77B and that requires SLAs and someone to call when something breaks People actually depend on chainlink working, this is not ghost chain #57269263748 where nobody notices if something breaks

Zach Rynes | CLG

I always love having Chainlink "has no revenue" thrown at you at the same time someone else is complaining "Chainlink is too expensive". It probably means youre in the right spot. Sustainability is an attack vector. $LINK

Zach Rynes | CLG

The 25th Chainlink Reserve $LINK inflow is here 🫡 The Reserve now totals 1,675,112 $LINK (~$20.6M), with an average cost basis of $16.48 per $LINK 88,845 $LINK (~$1.1M) was acquired today, with ~90% coming from $USDC swapped into $LINK via Uniswap and ~10% from user fees already paid in $LINK The Reserve is funded by offchain revenue from enterprise deals and onchain revenue from service usage, supporting the network's long-term economic sustainability Inflows occur weekly, with no withdraws from the Reserve expected for multiple years

Zach Rynes | CLG

RESERVE UPDATE Today, the Chainlink Reserve has accumulated 88,845.86 LINK. The Chainlink Reserve now holds a total of 1,675,112.67 LINK. reserve.chain.link The Chainlink Reserve is designed to support the long-term growth and sustainability of the Chainlink Network by accumulating LINK using offchain revenue from large enterprises adopting Chainlink and onchain revenue from service usage.

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