Chainlink Rewards Launches With a Boost From Space and Time
By: crypto news flash|2025/05/07 14:15:01
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Chainlink launches a community rewards program in partnership with Space and Time to engage long-term LINK stakers.Only LINK stakers before March 31 are eligible to claim SXT in the Chainlink Rewards Season Genesis campaign.Not only talking about oracles and on-chain data, Chainlink is now starting to play in the scene of community incentives. Through the launch of a new program called Chainlink Rewards, this project shows a new way to embrace its ecosystem.Interestingly, this program is not running alone. They collaborate with Space and Time (SxT)—a decentralized database platform that uses zero-knowledge proofs technology—to enliven the first season titled “Season Genesis.”We’re excited to introduce Chainlink Rewards—a community engagement & rewards program.This allows Chainlink Build projects to make their token claimable by ecosystem participants, including eligible LINK Stakers.Season Genesis launches May 8 with @SpaceandTimeDB. pic.twitter.com/2ARaCZx7az— Chainlink (@chainlink) May 5, 2025Claiming Rewards: How Chainlink Prioritizes Loyalty and TimingWhen will it start? Exactly on May 8, 2025, as many as 100 million SXT tokens will be able to be claimed by qualified LINK stakers. But don’t expect everyone to get it. Only those who have staked before March 31, 2025, are counted.And it’s not just about the amount, Chainlink also considers the duration of the staking. The longer and bigger, the greater the chance of claiming. Just imagine if you have been loyally staking since last year—this is a kind of loyalty bonus.The total tokens prepared by Space and Time actually reached 200 million SXT, or the equivalent of 4% of their total supply. Half of it is given at the beginning, the rest will be used for future campaigns. But tokens that are not claimed within 90 days can also be transferred to the next incentive. So if you miss out, you have to be patient and wait for the next round.More Than Just Free Tokens, This is the Expansion StrategyOf course, this is not just about sharing coins. This Rewards program is a kind of new distribution channel for projects that are members of Chainlink Build.They can distribute their native tokens to the Chainlink community—from stakers to active users—more efficiently and in a targeted manner. This pattern allows for long-term collaboration between project developers and network contributors, including those who stake.On the other hand, CNF previously reported that Kamino Finance has officially integrated Chainlink Data Streams, the aim of which is to improve the quality of real-time market data and drastically reduce latency. This means that Chainlink is not only focused on incentive programs, but is also actively strengthening the technology behind it.Its ecosystem is now used by more than 1,500 decentralized applications (dApps), from DeFi to real-world asset tokenization. The scale is getting bigger, and Rewards seems to be a new gateway for people to join in.Furthermore, on April 14, Chainlink also announced that SmartCon 2025 will be returning to New York on November 4–5. The event will be a gathering of leaders from government, finance, and Web3 to discuss the latest developments in blockchain and decentralized oracles.After years of being held on screen, this will be the first in-person SmartCon in a long time—and, according to Chainlink, perhaps the largest.Speaking of expansion, don’t forget Interactive Brokers’ announcement earlier in April. They officially added LINK (along with AVAX and SUI) to their list of tradable assets on their platform. So, investors can now trade LINK alongside stocks, bonds, and ETFs through one interface. It’s that easy.And as a final, equally interesting ending, Chainlink also just launched a podcast called “The Future Is On,” in partnership with Global Custodian. This podcast is a place to talk about the future of blockchain and the role of oracles in it. Not just tech talk, but also filled with discussions with industry players—from regulators to Web3 developers.Meanwhile, as of the writing time, LINK is swapped hands at about $13.93, up 2.57% over the last 24 hours and driving its market cap to surpass the $9 billion mark.
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