7-5-2025 – Chainlink’s latest venture into community rewards has set the blockchain sphere abuzz. The pioneering oracle network has unveiled an innovative staking initiative, dubbed Chainlink Rewards, marking a significant milestone in decentralised collaboration.
At the heart of this scheme lies a strategic partnership with Space and Time, a distinguished member of the Chainlink Build programme, which has earmarked a substantial 200 million SXT tokens—representing 4% of their total token supply—for distribution amongst qualified LINK stakers.
The programme’s inaugural phase, christened Season Genesis, is poised to commence on 8 May 2025, with an initial release of 100 million SXT tokens. This pilot phase, spanning 90 days, will serve as a litmus test for the broader rewards ecosystem.
Particularly noteworthy is the programme’s meticulous approach to token distribution, with eligibility hinging on participants’ LINK staking history. This carefully crafted criterion underscores Chainlink’s commitment to nurturing long-term ecosystem engagement rather than merely attracting speculative interest.