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Chainlink to Start New Community Rewards Program for LINK Stakers

  • Chainlink announced the launch of a new community rewards program called Chainlink Rewards, starting May 8, 2025, with Space and Time as its first partner.
  • The program aims to incentivize ecosystem participation by distributing native tokens from Build projects, with Space and Time allocating 4% of its SXT supply.
  • Eligible LINK stakers as of a March 31 snapshot can claim 100 million SXT tokens during the 90-day Season Genesis pilot, representing 2% of the total SXT supply.
  • Chainlink described the Season Genesis pilot as a trial designed to provide insights that may shape the development of the program moving forward.
  • This initiative could enhance network engagement and create incentives to stake LINK, though the program's long-term schedule and future partners remain unspecified.
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Coin Desk broke the news in Manila, Philippines on Monday, May 5, 2025.
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