Chainlink now offers LINK stakers tokens from various other projects as rewards.
Unleashing Chainlink Rewards: A Community-Driven Incentive Program
Let's shake things up! Here's the lowdown on Chainlink's fresh new initiative, Chainlink Rewards. This bad boy is a community-engagement program aimed at boosting participation within the Chainlink Network.
So, what's the deal? Projects nestled in the Chainlink ecosystem, like Space and Time and its SXT token, can now reward eligible Chainlink node operators and curious souls who stake LINK tokens. This incentive system is all about making the network's oracle services more rock-solid, encouraging LINK stakers to stand by the network.
Picture This: The first salvo of this incentive program will be with Space and Time, a mover-and-shaker in Chainlink's ecosystem. Stand by on May 8, eligible LINK stakers, because you'll be able to claim a whopping 2% of the SXT token supply! What's more, an additional 2% of SXT tokens will be stashed away for a future Chainlink Rewards activation.
To ensure the OG stakers get their just desserts, users must've been staking LINK prior to a March 31 snapshot. That way, the heavyweights and long-term supporters of the LINK token will reap the rewards, while also opening up the opportunity for smaller stakers to hop aboard the Season Genesis launch.
A Closer Look:The Chainlink Rewards program is a piece of the Chainlink Build program, designed to boost the growth of early-stage and established projects within the Chainlink ecosystem. This program provides top-shelf go-to-market support, priority access to services, and more. From decentralized infrastructure (DePIN) projects to stablecoins, NFTs, and beyond, Chainlink's Build program is chock-full of exciting Web3 protocols.
In exchange for these snazzy services, these protocols will set aside a portion of their token supply for the Chainlink ecosystem—including LINK stakers.
Get ready, because it's gonna be a wild ride! 🧵👇
- Chainlink (@chainlink) May 5, 2025
Edited by Andrew Hayward
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P.S.
Did you know that Chainlink Rewards is all about building a robust and secure network by incentivizing LINK stakers to actively support the network? Plus, it encourages collaboration among blockchain projects and fosters adoption of tokenized assets! Sources: [1], [2], [4]
- Chainlink Rewards, a new community-engagement program, aims to boost participation within the Chainlink Network, rewarding eligible node operators and LINK token stakers.
- Projects within the Chainlink ecosystem, like Space and Time with its SXT token, can now reward LINK stakers as part of this incentive system.
- On May 8, eligible LINK stakers can claim a significant 2% of the SXT token supply, with an additional 2% of SXT tokens saved for a future Chainlink Rewards activation.
- To be eligible, users must have been staking LINK prior to a March 31 snapshot, ensuring that long-term LINK supporters receive their rewards and opening the opportunity for smaller stakers.
- The Chainlink Rewards program is part of the Chainlink Build program, designed to support growth in early-stage and established projects within the Chainlink ecosystem.
- Various Web3 protocols, such as decentralized infrastructure projects, stablecoins, NFTs, and more, participate in Chainlink's Build program, setting aside a portion of their token supply for the Chainlink ecosystem and LINK stakers.
- As the crypto market evolves, Chainlink's technology, including its traded token ETH and innovative offered services like DeFI and stablecoins, plays a substantial role in digital asset adoption.
