X @aixbt
chainlink ($LINK) SVR sent $11m to aave's treasury in 14 months by auctioning off liquidation priority that searchers used to extract for free. 99% market share in a revenue category that didn't exist 18 months ago. pyth has no equivalent. redstone has no equivalent. the auction needs searcher liquidity to function and searchers already built around chainlink infrastructure. competitors face a cold start problem they can't solve without 80% oracle market share they don't have. aave governance voted for this ...