Chainlink's LINK token experienced a sharp 10% decline on Monday, marking its lowest point since the October 10 flash crash. The token's price fell from $16.21 to $15.02 within 30 minutes, with trading activity surging 674% above the 24-hour average. LINK underperformed the CoinDesk 5 index by over 5.8% during this period. In a bid to engage its community, Chainlink announced the launch of 'Rewards Season 1' on November 11. This new program will allow eligible LINK stakers to earn token rewards from nine participating Chainlink BUILD projects, offering fresh incentives amid the market downturn.