{"id":35809,"date":"2025-05-06T07:24:02","date_gmt":"2025-05-06T07:24:02","guid":{"rendered":"https:\/\/coincentral.com\/?p=35809"},"modified":"2025-05-06T07:24:02","modified_gmt":"2025-05-06T07:24:02","slug":"chainlink-introduces-rewards-program-with-sxt-token-airdrop-for-link-stakers","status":"publish","type":"post","link":"https:\/\/coincentral.com\/chainlink-introduces-rewards-program-with-sxt-token-airdrop-for-link-stakers\/","title":{"rendered":"Chainlink Introduces Rewards Program with SXT Token Airdrop for LINK Stakers"},"content":{"rendered":"<h2>TLDR<\/h2>\n<ul>\n<li>Chainlink launched a new rewards program offering tokens from Build program projects to LINK stakers<\/li>\n<li>Space and Time (SXT) is the first partner, allocating 4% (200M) of its token supply<\/li>\n<li>Season Genesis begins May 8, with eligible LINK stakers able to claim 2% of SXT tokens<\/li>\n<li>To qualify, users must have been staking LINK before March 31<\/li>\n<li>The program aims to reward ecosystem participants while connecting them with Chainlink Build projects<\/li>\n<\/ul>\n<hr \/>\n<p>Chainlink, the decentralized oracle network, announced on Monday the launch of &#8220;Chainlink Rewards,&#8221; a new incentive program designed to distribute ecosystem tokens from projects in its Build program to active participants and LINK token stakers. This move represents a fresh approach to community engagement within the Chainlink ecosystem.<\/p>\n<p><a href=\"https:\/\/blog.chain.link\/chainlink-rewards-season-genesis\/\">The first collaboration in this program is with infrastructure firm Space and Time,<\/a> a member of the Chainlink Build program. Space and Time will allocate 4% of its SXT token supply\u2014totaling 200 million tokens\u2014for distribution through the rewards program.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We\u2019re excited to introduce Chainlink Rewards\u2014a community engagement &amp; rewards program.<\/p>\n<p>This allows Chainlink Build projects to make their token claimable by ecosystem participants, including eligible LINK Stakers.<\/p>\n<p>Season Genesis launches May 8 with <a href=\"https:\/\/twitter.com\/SpaceandTimeDB?ref_src=twsrc%5Etfw\">@SpaceandTimeDB<\/a>.<\/p>\n<p>\ud83e\uddf5\ud83d\udc47 <a href=\"https:\/\/t.co\/2ARaCZx7az\">pic.twitter.com\/2ARaCZx7az<\/a><\/p>\n<p>&mdash; Chainlink (@chainlink) <a href=\"https:\/\/twitter.com\/chainlink\/status\/1919391686158877086?ref_src=twsrc%5Etfw\">May 5, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Half of this allocation, or 100 million SXT tokens (representing 2% of the total supply), will be made available to <a href=\"https:\/\/coincentral.com\/chainlink-link-casinos\/\">eligible LINK stakers<\/a> starting May 8 when the program officially launches. The remaining 2% is being reserved for future Chainlink Rewards activations.<\/p>\n<p>To be eligible for the initial claim period known as &#8220;Season Genesis,&#8221; users must have been staking LINK tokens prior to a March 31 snapshot. This criterion ensures rewards go to both longstanding and smaller stakers who have shown commitment to the network.<\/p>\n<h2>How the Build Program Supports Ecosystem Growth<\/h2>\n<p>The Chainlink Build program plays a central role in this new rewards mechanism. The program was created to accelerate growth for both early-stage and established projects within the Chainlink ecosystem.<\/p>\n<p>Projects participating in Build receive various benefits from Chainlink, including go-to-market support and priority access to services. In exchange, these projects make a percentage of their token supply available to the Chainlink ecosystem, including LINK stakers.<\/p>\n<p>Space and Time joined the Build program in September 2022. Since then, it has developed its decentralized database solution utilizing zero-knowledge proofs to deliver data analytics to smart contracts. In 2024, the project integrated Chainlink Functions to support the delivery of ZK-proven queries on-chain.<\/p>\n<p>The claim period for Season Genesis will last 90 days. Any unclaimed tokens, along with the reserved portion, may be distributed in future reward seasons.<\/p>\n<p>Chainlink describes Season Genesis as an &#8220;experiment&#8221; that will inform how the program evolves. Future plans include a more advanced claiming mechanism incorporating a collection of Chainlink Build projects.<\/p>\n<p>The LINK token is currently priced at $13.66, down 2.8% in the last 24 hours but up 8% over the past month. Despite recent gains, the token remains 74% below its all-time high of $52.70 reached in May 2021.<\/p>\n<p>Chainlink Rewards represents one of several airdrop programs announced for May 2025. Other recent announcements include the RICE token airdrop for FLOKI holders and ZORA&#8217;s launch on Base Network.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TLDR Chainlink launched a new rewards program offering tokens from Build program projects to LINK stakers Space and Time (SXT) is the first partner, allocating 4% (200M) of its token supply Season Genesis begins May 8, with eligible LINK stakers able to claim 2% of SXT tokens To qualify, users must have been staking LINK<\/p>\n","protected":false},"author":9001,"featured_media":35810,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"iawp_total_views":82,"footnotes":""},"categories":[28172],"tags":[],"class_list":{"0":"post-35809","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"wppr_data":{"cwp_meta_box_check":"No"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - 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Believer in Open-Source Software, Blockchain Technology &amp; a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch &amp; More. 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