Chainlink Launches Community Rewards Program for LINK Stakers
Chainlink has launched the Chainlink Rewards program to incentivize participation in its ecosystem through token distribution from Space and Time (SXT).
Key points include:
- The program rewards eligible Chainlink node operators and community members.
- Space and Time, founded in 2022, provides a decentralized data network using zero-knowledge proofs.
- 4% of total SXT supply (200 million) is allocated for Chainlink participants, including LINK Stakers.
- The first batch of 100 million SXT tokens will be claimable by historical and active LINK Stakers starting May 8.
- The remaining 100 million SXT will be available in a future campaign, with claims open for 90 days.
- Chainlink Rewards aims to attract new users and demand for the LINK token.
- Future expansions of the program are expected with additional partners.
No details on upcoming reward partners or long-term schedules have been disclosed.