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Chainlink Unveils New Rewards System
By: cryptonews|2025/05/08 00:00:06
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Chainlink has unveiled a new rewards system to improve community engagement and network consistency. The initiative, called Chainlink Rewards, will distribute the project’s tokens to LINK stakers and other eligible participants. The program was developed in collaboration with decentralized data platform Space and Time (SXT) and will launch on May 8, 2025, with the first airdrop distributing 100 million SXT tokens. This is Chainlink’s first structured attempt to directly reward active participants with tokens from Build Program projects. The rewards mechanism connects Chainlink Build partners with participants who secure the network and actively participate in its operations. Space and Time will allocate 200 million SXT tokens, representing 4% of the total supply, to the rewards initiative. The first half of this amount, or 100 million tokens, will be available on May 8. This marks the beginning of the first phase, called “Season Genesis.” Both current and former LINK members are eligible to participate. The application period will remain open for 90 days. Unclaimed SXT may be added to future reward seasons, although further distribution stages have not yet been officially announced. Image: freepik Designed by Freepik
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