Chainlink Launches Community Rewards Program for LINK Stakers

1 min

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.

Original publication

Authors credited by the source: Shaurya Malwa

Published by Holder based on an external source.