Gather around, dear readers, for I have a tale to tell you about the mysterious world of blockchain rewards. On May 8, 2025, the Chainlink team, those elusive sorcerers of the crypto realm, will launch the genesis season of their latest and greatest experiment: a new community rewards program. And yes, they’re throwing a hefty 100 million Space and Time tokens into the pot. You might want to sit down, because things are about to get interesting. 💸💫
As we venture deeper into the digital ether, the Chainlink (LINK) crew spilled the beans on May 5, 2025, in a post on their blog. With all the subtlety of a bear with a broken leg, they revealed that the whole program aims to get you—the ever-dedicated, loyal community member—more involved. And who is guiding them along this new path? None other than Space and Time, a Microsoft-backed blockchain that makes use of something as mysterious as it is futuristic: zero-knowledge proofs. What are those, you ask? Don’t worry, they’re totally not out to confuse you. 😏
Now, hold onto your hats, because this reward scheme isn’t just a random act of kindness from Chainlink. No, no—this little charmer is designed specifically to nudge projects within the Chainlink Build ecosystem. Whether you’re a newborn baby project or a wise old cryptographic sage, you’ll get the chance to use this program to grow your community and stir up some traction. Think of it as a reward system, but for people who know what “decentralization” really means (whatever that is). 🌍
But here’s the kicker: Space and Time isn’t just doling out tokens to anyone who happens to wander by. They’re making a big deal out of this, allocating 4% of their total SXT token supply (that’s a staggering 200 million tokens for those keeping track) for participants in the Chainlink ecosystem. But wait, there’s more! Only those lucky enough to be in the snapshot of LINK stakers taken on March 31, 2025, will be eligible to participate. Think of it as a cosmic lottery—but with way more blockchain and a lot less luck. 🎰
And so, the Season Genesis begins on May 8, 2025, when Space and Time will release the first half of their treasure trove: a cool 100 million SXT tokens. Yes, 100 million. Do you need me to repeat it? No? Well, I just did. And guess what? This is only 2% of the total SXT supply. The rest? Oh, that’s set to appear in future Chainlink reward campaigns, like some kind of treasure chest in a never-ending RPG. 🏆
“The first batch of SXT tokens, consisting of 100,000,000 SXT, will become claimable by eligible LINK Stakers on May 8, 2025, during Season Genesis. Yes, the very first pilot season of Chainlink Rewards, where claims will be open for 90 days,” Chainlink’s team wrote. Oh, the suspense! 😱
But let’s not forget about Space and Time—the true puppet master behind this whole ordeal. A decentralized database network, Space and Time is leveraging ZK proofs for secure data processing and analytics. It’s one of the first projects in the Chainlink Build family, and they raised a tidy sum of $20 million during their Series A round in August. What are they up to? Why, they’re tapping into Chainlink’s services for ZK-proven queries for smart contracts. It’s all a bit like watching wizards cast spells, but with slightly more technology and slightly less robe-waving. 🧙♂️✨
And as if that weren’t enough, Space and Time is gearing up to launch its very own token—SXT. I can only imagine the chaos that will ensue when that hits the market. Or, you know, it might just be another Tuesday. 🤷♂️
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2025-05-05 19:04