Wrapped Chainlink (uLINK), is a tokenized implementation of LINK designed to trade across multiple blockchains including Base, Polygon, and Arbitrum.
Wrapped Chainlink is backed with LINK reserves on a 1:1 ratio, with collateral held securely with Coinbase Prime. uLINK can be minted by providing the Universal protocol the underlying LINK collateral or redeemed by burning the uLINK ERC20 token for the underlying collateral.