Today, Chainlink announced the forthcoming Chainlink Rewards Program, which incentivizes active participation in the Chainlink Network by enabling Chainlink Build projects to make their tokens claimable by Chainlink ecosystem participants, including eligible LINK stakers.
Chainlink Rewards, launching in collaboration with Space and Time, is the next iteration of Chainlink Build, which fosters promising early-stage and established projects spanning a wide range of web3 use cases in Chainlink’s ecosystem. Participants receive enhanced access to essential Chainlink infrastructure, new product alpha and beta releases, and technical support, in exchange for paying fees that incentivize Chainlink service providers and boost the network’s cryptoeconomic security.
One of the first projects to join Build back in 2022, Space and Time is making 4% of its total SXT token supply (200,000,000 SXT) available to Chainlink ecosystem participants. A decentralized database network that uses ZK proofs to enable secure data processing and analytics for smart contracts, SXT Chain is integrated with the Chainlink Network and offers native support for Chainlink Functions, a serverless web3 development platform for building decentralized applications capable of integrating a variety of real-world data sources.
The pilot stage of Chainlink Rewards, Season Genesis, will begin May 8, 2025. 100,000,000 SXT will become claimable by eligible historical and active LINK stakers (as of March 31, 2025) for 90 days, after which the remaining 100,000,000 SXT, as well as any unclaimed SXT from Season Genesis, will be slated for future use in Chainlink Rewards.
“It’s very exciting to see our collaboration with Space and Time lead to such a fundamentally important initiative for our industry,” said Johann Eid, Chief Business Officer at Chainlink Labs, in an official announcement.
“We look forward to working closely with Space and Time and the entire Build project community on accelerating the adoption of their unique products and expanding their communities.”
Scott Dykstra, Contributor #001 and co-founder of Space and Time, described the Build program as “instrumental” to realizing Space and Time’s goal of building the industry’s first trustless database.
“The launch of Chainlink Rewards is an exciting moment for our collective communities and we are excited to continue building with the Chainlink community to make smart contracts more data-driven,” he said.
To learn more about the Chainlink Rewards Program, read the official blog post.