KEY TAKEAWAYS
- Chainlink has launched Chainlink Rewards, a program to incentivize participation in the Chainlink Network by making native tokens claimable for ecosystem participants.
- Space and Time, a Chainlink Build member, is offering 200 million SXT tokens to eligible LINK Stakers, with the first batch available on May 8, 2025.
- The Chainlink Build program supports project growth by providing access to Chainlink services in exchange for a portion of token supply, enhancing the Web3 ecosystem.
- Season Genesis, the pilot of Chainlink Rewards, will distribute SXT tokens based on LINK staking activity, with claims open for 90 days.
Chainlink has announced the launch of Chainlink Rewards, a community engagement and rewards program designed to incentivize active participation in the Chainlink Network. This initiative allows Chainlink Build projects to make their native tokens claimable by Chainlink ecosystem participants, including eligible LINK Stakers. The program’s launch is in collaboration with Space and Time, a premier Build member.
Space and Time is making 4% of their total SXT token supply, amounting to 200,000,000 SXT, available to Chainlink ecosystem participants. The first batch of 100,000,000 SXT tokens will become claimable by eligible LINK Stakers on May 8, 2025, during Season Genesis, the first pilot season of Chainlink Rewards. Claims will be open for 90 days.
How Chainlink Rewards Enhances the Build Ecosystem
The Chainlink Build program is a Chainlink Economics initiative aimed at accelerating the growth of projects within the Chainlink ecosystem by providing enhanced access to Chainlink services and technical support. In exchange, projects commit a percentage of their total token supply to the Chainlink ecosystem, benefiting service providers such as LINK Stakers.
Projects in the Chainlink Build program cover a wide range of Web3 use cases, including AI, interoperability, and decentralized finance. By joining Chainlink Build, participants can accelerate their growth and contribute a portion of their token supply to the Chainlink ecosystem. Over time, some projects have transitioned out of the Build program due to various factors, while new projects continue to be evaluated and onboarded.
Chainlink Rewards represents the next evolution of the Build program. By making their tokens claimable, Build projects can expand their community and increase global awareness of their products.
Season Genesis Launch and Eligibility
The pilot of Chainlink Rewards, known as Season Genesis, is set to launch on May 8, 2025, in collaboration with Space and Time. Space and Time, a decentralized database network, joined the Chainlink Build program in September 2022 and has since integrated Chainlink Functions to enable ZK-proven queries for smart contracts.
During Season Genesis, SXT tokens will be available in variable amounts to eligible active LINK Staker addresses based on their time-weighted average stake. This approach considers both the amount of LINK staked and the duration of staking during Staking v0.1 and v0.2. Additionally, SXT will be available in fixed amounts to eligible historical and active LINK Staker addresses.
The cut-off date to be considered an “active LINK Staker” was March 31, 2025. The exact amount of SXT tokens claimable by each eligible LINK Staker will be viewable and claimable on the Chainlink Rewards website interface launching on May 8, 2025. Any unclaimed SXT tokens after the 90-day claim period will be used in future Chainlink Rewards program initiatives.
For more details, visit the official announcement here.
Why This Matters: Impact, Industry Trends & Expert Insights
Chainlink has announced the launch of Chainlink Rewards, a program designed to incentivize participation in its network by making native tokens claimable by ecosystem participants. This initiative is part of a collaboration with Space and Time, which will distribute a significant portion of its SXT tokens to eligible LINK Stakers.
According to a report by Finsmes, crypto reward programs in May 2025 are increasingly emphasizing genuine user engagement. This trend is evident in the Chainlink Rewards program, which incentivizes active participation over random sign-ups, aligning with the broader industry shift towards more engaged and decentralized ecosystems.
A Disruption Banking report highlights that Chainlink’s strong partnerships and technological advancements position it for sustained growth in 2025. This supports the significance of the Chainlink Rewards launch, as it leverages these strengths to enhance community engagement and ecosystem development.
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