Since everyone is so concerned about Chainlink's fees - lets see where fees accrue in this example DTCC workflow - > ethereum (but could be any chain) - whatever current gas fee is to lock token on mainnet (1 gwei is currently $.004 and scheduled to go lower) > DTCC Besu Based AppChain - ZERO gas fees > Chainlink - $.14 $LINK orchestration fee Replicated across txs that exceed $20T daily. There are a thousand public chains There are hundreds of private chains All locked in a gas race to zero Abstracted and Orchestrated with the all the real-world's offchain systems and data by Chainlink. There is only one $LINK.

RT @chainlink: ROAD TO Link:NYC NEW: The Hong Kong Gold Exchange (HKGX), the world’s fourth-largest gold trading venue by volume, is bri…

Chainlink keeps pumping out new products that all the institutions need. They are literally being told "We need this solved" and Chainlink leans into the fact it holds all the marbles (data + interop + orchestration + more) to make it happen. Collateral stays with the custodian. When an institution deposits collateral with their qualified custodian, the custody balance is published onchain via Chainlink Proof of Reserve, providing a verifiable onchain record of collateral anyone can verify. Collateral is represented onchain. A transfer-restricted receipt token representing the assets held in custody is then posted to the onchain lending market. Its supply reflects the assets held in custody and carries no claim on the underlying assets outside the lending integration. Clients borrow directly. Assets move from the lending market to the borrower in a single transaction. Every borrow, repayment, and interest accrual is recorded in the custodian's records automatically. Both systems priced from the same source. The lending market reads Chainlink Data Feeds onchain, while Chainlink Data Streams deliver identical values directly to the custodian’s offchain systems, so both sides calculate LTV from the same data. The collateral agent facilitates liquidations. If a loan breaches the defined liquidation threshold, the appointed collateral agent sells through its own process. CustodySync records the committed sale proceeds onchain ensuring the position remains stable while the sale settles, with final settlement executing via a single atomic transaction. CustodySync combines multiple components of the broader Chainlink platform into a single solution: $LINK

1/ The house always wins because the house controls the dice. A patent published this week pulls the dice out of the operator’s code and seeds them with @chainlink VRF. Slot machines. Fish-hunting cabinets. Loot drops. Casino randomness just got an oracle. $LINK 🧵

$700 billion of crypto sits in custody doing nothing. Chainlink CustodySync lets it borrow from DeFi without ever leaving the vault.

ROAD TO Link:NYC 🗽 The first announcement in the lead-up to Link:NYC: Chainlink CustodySync. More to come this week. Turn on notifications, and tune in live on X and YouTube on October 29.

I think we'll stick to talking about Chainlink this week. back to regular schedule next week.

"Institutional capital no longer has to choose between the security of custody and the liquidity of DeFi."

Ever wondered how Chainlink CCIP connects the chains? ⬡ Every lane in 3D, sized by value: ccip-dashboard.link/lanes/fl… #Chainlink #CCIP #LinkTheWorld $LINK

Introducing Chainlink CustodySync, a new solution that lets qualified custodians give their institutional clients access to DeFi lending markets, all while assets remain securely in custody. With @Anchorage as the official launch partner, together we’re establishing a new standard for institutional DeFi. CustodySync keeps custody and lending systems in sync across the full lifecycle of a loan: → For custodians: faster time to market and lower operational overhead, with custodian-managed controls → For lending markets: independent, verifiable data and a consistent risk framework → For institutions: passive capital becomes productive capital More than $80 billion sits in DeFi lending markets. Meanwhile, the roughly $700 billion in digital assets under custody is less than 0.5% of all $250 trillion in traditional assets under custody. The opportunity to connect traditional institutional capital to onchain finance remains vast. Large institutions have lacked a secure way of accessing these markets. Regulations require many of them to keep their digital assets with a qualified custodian, a firm that meets specific requirements for holding assets on behalf of clients, and custody systems were never built for DeFi. Even when custody and lending systems are connected, inconsistent loan valuations can trigger premature liquidation or delayed liquidations, exposing borrowers and lenders to significant financial risk. @Anchorage, home to the first federally chartered digital asset bank in the U.S., is the first qualified custodian to adopt CustodySync, connecting its institutional clients to DeFi lending markets while their assets remain in regulated custody. Institutional capital no longer has to choose between the security of custody and the liquidity of DeFi. With Chainlink, it gets both.

This paper answers why confident idiots run the world. Cornell University published a psychological paper that explains every terrible boss, every loud influencer, and every broken corporate hierarchy. It’s called “Unskilled and Unaware of It.” they tested participants across logic, grammar, and humor to measure the gap between actual performance and self-perception. And the results are wild. participants scoring in the bottom 12th percentile consistently believed they were operating in the 62nd percentile. they were not lying. they were literally incapable of recognizing their own incompetence. the paper revealed a brutal paradox: the exact skills required to master a domain are the exact same skills required to accurately evaluate your own competence in that domain. if you lack the skill, you inherently lack the cognitive capacity to realize you are failing. this creates a dangerous systemic loop. the incompetent are blessed with absolute, blinding certainty. their brain protects them from their own ignorance, allowing them to speak first, demand authority, and never second-guess their decisions. meanwhile, the actual experts suffer the exact inverse. top performers in the study consistently underestimated their rank. because a task was easy for them, they falsely assumed it was easy for everyone else. they hesitate. they obsess over nuance. they assume they have nothing unique to add. we are biologically wired to confuse confidence with competence. the loudest person in the room gets promoted, gets funded, and gets the microphone, not because they know what they are doing, but because they are physically incapable of seeing what they don't. the only defense mechanism is building systems that stop rewarding absolute certainty and start demanding proof of work.

Eric? you mean goonmaxxer?

It's a big club. You're not in it. $LINK

so I can focus on finding @SergeyNazarov's alt instead of yours?

im not. but @lex_node was in my DM's thinking I was...

Vitalik was worried about Ethereum becoming too dependent on Chainlink. What he failed to recognize is that this is what happens when specialized infrastructure becomes indispensable. Five years later, Chainlink is more deeply embedded in Ethereum’s ecosystem than ever $LINK

"bro - I go in blind so I can figure things out at the same time as my listeners figure things out."

keep squeezing bro

no way. I heard some dude outside @swiftcommunity's @Sibos said he heard of $xrp and ebol's!!!

I dont care about them. i am right. their insignificant screams dont concern me. i will take on the world. Ive been doing it for 8 years with CT. Find me someone willing to engage in a facts based conversation that is willing to set aside all the known unkowns that permeate this space and i will happily engage in a cordial intellectually honest conversation with those i blocked for not accepting "i dont have that answer" as an answer. Bring on the normies. $LINK