chainlink's reserve program converting protocol revenue to direct buybacks changes everything about link tokenomics:1. every oracle fee becomes automatic buy pressure.2. ice's $11t derivatives market pays link directly for data feeds. (that's $340m annual revenue converting to buybacks.)3. shorts funding the buyback program.4. token becomes deflationary.reserve activation in q1 means 68% market dominance oracle becomes a buyback machine (!) price discovery happens fast. ...

Large Chainlink Bag Holders Swell as Oracle Company Creates LINK Reserve► https://t.co/dEL8rGUrp2 https://t.co/dEL8rGUrp2 ...

"The Chainlink Runtime Environment (CRE) can have the same impact that the EVM had on the blockchain industry."CRE enables multi-chain, multi-oracle, multi-jurisdictional onchain apps with embedded compliance & legacy system connectivity to be built in days instead of months ↓ https://t.co/tCYm6licOg ...

Ironically, what if $POLY fixes it?- Users stake POLY to report on an outcome- Wrong reports get slashed, right reports earn feesGovernance is useful as POLY holders could:- Pick which oracle each market uses- Change rules fast when an oracle is under attack- Fund an appeal pool so traders can challenge bad callsMarkets that resolve pay extra POLY to reporters and challengers and markets that end in a mess burn some Treasury?Risky if one whale grabs most POLY.So maybe can limit risks with quadratic voting, ...