Chainlink has introduced a new community rewards program titled Chainlink Rewards, aimed at incentivizing greater participation in its ecosystem. The program debuts with a token distribution in partnership with decentralized data platform Space and Time (SXT). From May 8, eligible historical and active LINK stakers can claim a share of the first 100 million SXT tokens made available—accounting for half of Space and Time’s allocated 4% SXT supply for this initiative. The claim period will remain open for 90 days. The remainder of the allocation, plus any unclaimed tokens, will be distributed in a later campaign. Chainlink Rewards intends to attract new users and projects, broadening engagement within the ecosystem and reinforcing token-based incentives for network security. The rewards program is expected to expand with additional project partners in future seasons, though no further details on specific partners or schedules are available yet.
Chainlink Launches Community Rewards Program Featuring SXT Token Incentives for LINK Stakers
May 5, 2025, 4:16 p.m.
8 sources
positive
The rewards program strengthens staking incentives and user activity, likely increasing demand and supporting upward price momentum for LINK, especially in the short to medium term.
SXT
Wider distribution to Chainlink users increases SXT’s exposure and liquidity; potential for heightened trading activity and price volatility following the token claims.
Sources
Chainlink to Start New Community Rewards Program for LINK Stakers
CoinDesk
05.05.2025 14:00
Chainlink launches new rewards program with Space and Time
crypto.news
05.05.2025 15:44
Chainlink Rewards to Launch with SXT Airdrop for LINK Stakers
Beincrypto
05.05.2025 15:22
Top Today
3 hour ago
5 sources
XRP Holds $1.30 Support as ETF Inflows Fail to Halt Bearish Pullback
4 hour ago
5 sources
Singapore, Malaysia and Thailand Team Up on Stablecoin Settlement
5 hour ago
6 sources
Chainlink and LG CNS Partner to Expand Korean Stablecoin and Tokenized Securities Infrastructure
7 hour ago
11 sources
HSBC Launches RedCoin HKD Stablecoin on PayMe
7 hour ago
13 sources
XRP Validator Debunks Misconception About XRP Ledger Adoption
7 hour ago
6 sources
Bitcoin Core Updates Security Policy as AI Makes Bugs Easier to Find
9 hour ago
13 sources
Ethereum Foundation Postpones Glamsterdam Upgrade Over EIP-8037 Security Concerns
Disclaimer
The content on this website is provided for information purposes only and does not constitute investment advice, an offer, or professional consultation. Crypto assets are high-risk and volatile — you may lose all funds. Some materials may include summaries and links to third-party sources; we are not responsible for their content or accuracy. Any decisions you make are at your own risk. Coinalertnews recommends independently verifying information and consulting with a professional before making any financial decisions based on this content.