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What Is the Purpose of the Chainlink ‘Service Agreement’?

The Service Agreement is an on-chain contract defining the terms, payment, and penalties for a data request from a smart contract.
Greeks.Live20.11.25

What Is the Purpose of the Chainlink ‘Service Agreement’?

The Chainlink Service Agreement is a contract on the blockchain that defines the terms of the data request between a requesting smart contract and the Chainlink oracle network. It specifies the data source, the number of oracle nodes required, the aggregation method, the payment (in LINK), and the penalty for a node failing to perform.

It acts as a transparent, cryptographically enforced Service Level Agreement (SLA).

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