Validators in Chainlink are acting as blockchain oracles, that perform a greater range of tasks than the nodes of many other decentralized platforms. Oracles interact with smart contracts and transmit data from external sources to them. Validators are incentivized by receiving LINK tokens for performing these tasks.

It is planned to add collateral for Validators. These measures will improve the quality of the data provided. If the node does not meet any requirements of the smart contract or is idle, disrupting the normal operation of the decentralized application, the Deposit will be written off as a fine for violating the terms (Slashing).

Currently, Chainlink operators can perform work and supply data to smart contracts, receiving their own remuneration, but staking will be available in a later version of the mainnet when oracles will be able to make an advance payment to accept the task.

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