The Chainlink team has announced the genesis season of its new community rewards program will go live on May 8, with an initial 100 million Space and Time tokens up for grabs.
Chainlink (LINK) revealed the new development on May 5 in a blog post, stating that the program aims to incentivize community participation. The rollout is in collaboration with Space and Time, a Microsoft-backed blockchain that uses zero-knowledge proofs for verified data.
According to the post, the rewards program targets projects within the Chainlink Build ecosystem.
Both early-stage and established projects will be able to use the program to grow their communities and increase traction. Specifically, projects can leverage the initiative to reward users with their native tokens.
Space and Time plans to allocate 4% of its total SXT token supply, equivalent to 200 million SXT, for participants in the Chainlink ecosystem. Eligible LINK stakers are those included in a snapshot taken on March 31, 2025.
In the Season Genesis, which begins on May 8, 2025, Space and Time will distribute the first half of this allocation, making 100 million SXT tokens claimable. This accounts for 2% of the total SXT supply, with the remaining 2% set to be offered in future Chainlink reward campaigns.
“The first batch of SXT tokens, consisting of 100,000,000 SXT, will become claimable by eligible LINK Stakers on May 8, 2025 during Season Genesis, the first pilot season of Chainlink Rewards, where claims will be open for 90 days,” the Chainlink team wrote.
Space and Time, a decentralized database network leveraging ZK proofs for secure data processing and analytics, is among the earliest Build member projects. The project, which raised $20 million in a Series A ound in August, taps into Chainlink services for ZK-proven queries for smart contracts.
Notably, Space and Time is looking to launch its token SXT.
