Chainlink Expected to Spend $25M More on Development Than Ethereum

According to the latest report from Flipside Crypto, Chainlink is spending one million LINKs a month rewarding node operators, outspending Ethereum by a wide margin. The researchers observed that 500,000 Chainlink (LINK) are sent to node operators twice a month.

If these payments are indeed going to node operators, it is not clear why they are not coming from the wallet containing 350 million LINKs. However, assuming that the two wallets belong to the Chainlink Foundation, at least 31,509,569 LINK have been spent on Chainlink’s development thus far.

Timeline of Chainlink, Ethereum