Blockchain native protocols become creative in Crypto Treasury Arms Race

The race to make a crypto treasury is accelerating. While increasing the billions along with high-profile ventures, the blockchain indigenous protocols themselves are searching for new ways to lock the value in their ecosystem, and in some cases, even what a treasury can do.

On August 7, Chanlink Network announced its announcement reserveThe onchain service fee and offcain enterprise revenue are designed to accumulate the indigenous token channel (link) of both the collected protocols, which creates a direct link between chainlink’s professional activity and long -term token demand.

Since then, the protocol has deposited two in its newly launched onchain Treasury. Onchain data from Etharcan Show The total holding at 109,661.68 links in this writing is a price of about 2.6 million dollars.

While Chanlink has not revealed how many times or how many times it will add to the reserve, the initiative is part of a comprehensive change in Crypto, which is towards using the treasury as active drivers of token demand rather than inactive reserves.

Connected: What is Chenlink, and how does it work?

Convert treasures into permanent demand engine

Chanlink’s reserve banking and capital markets are funded with revenue from customers. They pay – whether stabelin, gas tokens, or fiat – are collected and automatically converted to the link through the intangible system before the payment is converted into the link before being stored in the reserve.

Chanlink Labs says that the network has already generated hundreds of million dollars from these enterprise deals. It was also noted that no withdrawal from the reserve would be done for many years.

In addition, the search for Crypto Treasury Options is Cardano. In June 15 Live streamCharles Hoskinson, the founder of Cardano, suggested converting 5% -10% of the Cardano $ 1.2 billion ADA (ADA) Treasury to bitcoins and stabolcoins, then used yield to buy back their native tokens back from the open market. From its estimates, realizing the ADA approximately $ 100 million can produce $ 5 million in the annual buyback, $ $ 10 million, making an always demanding loop.

Unlike Chenlink, which channels external revenue in the link without selling its reserves, the cardano plan will recover existing assets, which will create short -term sales pressure, but the strategy will be offered a large long -term profit capacity when the strategy works.

https://www.youtube.com/watch?v=20Zfedqdkl8

Danny Ryan, a research analyst at Bitwaiz, told the Cointelgraph that the purchase at tens of millions will “almost certainly pay long -term dividends for holders” if the scale is executed on a scale.

“These buyback programs must be seen by the market as a rapid growth … The projects that believe in their own value should be ready to protect and develop their earned capital by investing back into tokens. Investors will pay attention.”

Connected: Sergei Nazarov compared the CR of the Chenlink to the initial success of the Etharium.

Although this step can promote some token values and add an additional layer of the collateral, Ryan argues that it is very early to reduce the impact of the market.

The analyst mentioned that it is not clear how crypto native Treasury can affect the prices of their token, raising doubts whether these efforts can bearly affected large tokens by trading volumes such as links.

The analyst said, “How much revenue will spend on the reserve, how many times they will buy, and how much,” it is not really, “it is not clear that it is not clear that such purchases can be transferred to a market that sees more than $ 1 billion in daily trading volumes.”

Ryan dismisses concerns that a single treasury could centralize the link pooling risk in the contract, saying that the reserve is too small to affect a multivilian-dollar token. “(This is this) market cap comparatively minuscule-dollars of a token of several billions of values by market cap.”