Chainlink Launches Rewards Program: SXT Airdrop Plans and Community Engagement Initiatives Set for May 2025

  • Chainlink has launched its new rewards initiative, aimed at enhancing community engagement by distributing native tokens through its ecosystem.

  • This innovative program allows for a unique collaboration with Space and Time, which will allocate 200 million SXT tokens specifically for this initiative.

  • “We’re excited to introduce Chainlink Rewards,” stated Chainlink on its official Twitter, highlighting the importance of community participation.

Chainlink launches a new rewards program in partnership with Space and Time, distributing 200 million SXT tokens to eligible LINK stakers, enhancing community engagement.

Chainlink Rewards and SXT Airdrop Details

Space and Time is the inaugural project participating in the Chainlink Rewards program. This initiative will distribute 200 million SXT, representing 4% of the total supply, to foster community involvement.

Eligible participants, including both current and historical LINK stakers, can start claiming from May 8, 2025. Notably, this initial token claim period is termed Season Genesis and will span 90 days. Unclaimed tokens may be utilized in future reward cycles, potentially increasing incentives for active participants.

Exploring the Impact of Chainlink Rewards

The launch of Chainlink Rewards serves to deepen the linkage between project developers and community members. **This program is designed not merely as a one-off event** but as a pathway to broader engagement and adoption for projects within the Chainlink ecosystem.

It specifically targets active users and node operators, whose contributions underpin the operational integrity of the Chainlink network. The initiative represents a powerful shift towards recognizing and rewarding community involvement.

Future of Chainlink’s Initiatives

With Space and Time having joined the Build program in September 2022, it illustrates a significant evolution in Chainlink’s ecosystem interactions. The decentralized database solution developed by Space and Time employs zero-knowledge proofs, thereby enhancing data analytics capabilities for smart contracts.

Chainlink’s integration of its Functions in 2024 has established a robust framework for executing ZK-proven queries on-chain, marking another milestone in its development.

Conclusion

In summary, Chainlink Rewards not only acknowledges the contribution of active participants but also serves as a model for future collaboration among Build projects. As the claim period kicks off on May 8, 2025, it paves the way for ongoing community engagement and growth within the ecosystem. Eligible LINK stakers can access the distribution through official Chainlink channels. This program signifies a key move towards fostering a thriving blockchain ecosystem.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

BESSENT SAYS CHINA IS THE BIGGEST PIECE OF TRUMP’S TRADE PUZZLE

BESSENT SAYS CHINA IS THE BIGGEST PIECE OF TRUMP'S...

DeFi Development Corporation Acquires Solana Validator Node for $3.5 Million to Boost Staking Rewards

In a notable move for the blockchain sector, DeFi...

US REJECTS JAPAN’S ‘RECIPROCAL’ TARIFF EXEMPTION US TO CONSIDER CUTTING JAPAN-SPECIFIC TARIFF BY 14%

US REJECTS JAPAN'S 'RECIPROCAL' TARIFF EXEMPTION US TO CONSIDER...

The official X account of the Curve project has been hacked.

The official X account of the Curve project has...

President Erdogan invites Trump to Turkey in a phone call.

President Erdogan invites Trump to Turkey in a phone...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img