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Chainlink Launches Rewards Program, 100M SXT Up for Grabs

Coin WorldMonday, May 5, 2025 11:56 am ET
1min read

Chainlink has introduced Chainlink Rewards, a new program designed to incentivize community participation and activity within its ecosystem. This initiative is launched in collaboration with Space and Time (SXT), a project that has been part of the Chainlink Build program since September 2022. The program allows Chainlink Build projects to make their native tokens claimable by eligible participants, including LINK stakers.

Space and Time is the first project to participate in Chainlink Rewards. The project will allocate 4% of its total SXT token supply, amounting to 200 million SXT, for distribution through the program. The initial batch of 100 million SXT will be available for claim on May 8, 2025. Both current and historical LINK stakers will be eligible for this airdrop claim. The claim period for this first distribution, known as Season genesis, will last 90 days. The remaining tokens and any unclaimed supply may be released in future reward seasons.

Chainlink Rewards expands the scope of the Build program by bridging community participants with Build projects that are looking to grow in adoption. The airdrop program supports active users and node operators who contribute to the security and operation of the Chainlink Network. Space and Time has grown its decentralized database solution, which uses zero-knowledge proofs to deliver data analytics to smart contracts. The project integrated Chainlink Functions in 2024 to support the delivery of ZK-proven queries on-chain.

Chainlink has confirmed that future reward events may include other Build projects offering token rewards to ecosystem participants. The Season Genesis claim period opens on May 8, 2025. Eligible LINK stakers can access the reward distribution through official Chainlink channels. This move by Chainlink aims to foster greater engagement and participation within its ecosystem, rewarding those who contribute to its growth and security.

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