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hello and welcome back to the channel my name is vijaha and today we are talking about staking and chain link now earlier on in December chain link announced staking its a new way to participate for users and essentially what we can do is we can use our link tokens and stake them to earn some passive income now how does it work exactly well were going to cover that today and were going to just quickly show you how its done now initially they announced a a small amount of Link tokens that could be staked 25 million to be exact and that filled up quite quickly now at the moment youre not able to stake anymore however they have announced that there will be a further 50 million allocation you know four further linked tokens to be staked and so thats why I think this video is going to be very valuable if thats something youre interested in now how much do you earn well at the moment its just over or just under five percent uh per year and thats paid in the link as well so f