Buy the rumor, sell the news? Chainlink (LINK) price drops after staking launch

Chainlink has a busy start to December when it comes to development launches. The Chainlink (LINK) staking program opened up for early access on Dec. 6 and will expand access on Dec. 8. 

According to Chainlink, staking will further secure the project’s node ecosystem and alerting mechanism:

“Stakers gain access to staking rewards for securing the network through timely and valid alerts, and in the future, for slashing and loss protection.”

Historically, mainnet launches and staking…

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