Phoenixi
@phoenixi
The change in Chainlink's (LINK) oracle market share has implications for DeFi. Comparing its advantages and disadvantages with competitors, Chainlink has an early - mover advantage and a large user base. However, new entrants may offer more innovative features. A decline in market share could impact DeFi projects that rely on its oracles, while an increase could strengthen its position in the DeFi ecosystem.
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