Chainlink Is Now Rewarding LINK Stakers With Tokens From Other Projects
The post Chainlink Is Now Rewarding LINK Stakers With Tokens From Other Projects appeared on BitcoinEthereumNews.com. In brief Chainlink announced a new incentive program to reward ecosystem participants and LINK stakers. The first collaboration will be with infrastructure firm Space and Time and its SXT token. Season Genesis of Chainlink Rewards will open on May 8, allowing eligible LINK stakers to claim 2% of the SXT supply. Decentralized oracle network Chainlink unveiled a new incentive system Monday called Chainlink Rewards, which is designed to provide ecosystem tokens from projects in its Build program to ecosystem participants and stakers of the LINK token. The program’s first launch is through a collaboration with infrastructure firm Space and Time, a member of Chainlink Build that will provide 4% of the supply of its SXT token to eligible LINK stakers. “The Season Genesis pilot is an experiment, informing how the program could evolve into the future,” a blog post from Chainlink reads. “The future of the Chainlink Rewards program is planned to feature a more advanced claiming mechanism incorporating a collection of Chainlink Build projects.” We’re excited to introduce Chainlink Rewards—a community engagement & rewards program. This allows Chainlink Build projects to make their token claimable by ecosystem participants, including eligible LINK Stakers. Season Genesis launches May 8 with @SpaceandTimeDB.
The post Chainlink Is Now Rewarding LINK Stakers With Tokens From Other Projects appeared on BitcoinEthereumNews.com.
In brief Chainlink announced a new incentive program to reward ecosystem participants and LINK stakers. The first collaboration will be with infrastructure firm Space and Time and its SXT token. Season Genesis of Chainlink Rewards will open on May 8, allowing eligible LINK stakers to claim 2% of the SXT supply. Decentralized oracle network Chainlink unveiled a new incentive system Monday called Chainlink Rewards, which is designed to provide ecosystem tokens from projects in its Build program to ecosystem participants and stakers of the LINK token. The program’s first launch is through a collaboration with infrastructure firm Space and Time, a member of Chainlink Build that will provide 4% of the supply of its SXT token to eligible LINK stakers. “The Season Genesis pilot is an experiment, informing how the program could evolve into the future,” a blog post from Chainlink reads. “The future of the Chainlink Rewards program is planned to feature a more advanced claiming mechanism incorporating a collection of Chainlink Build projects.” We’re excited to introduce Chainlink Rewards—a community engagement & rewards program. This allows Chainlink Build projects to make their token claimable by ecosystem participants, including eligible LINK Stakers. Season Genesis launches May 8 with @SpaceandTimeDB.
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