Chainlink has unveiled a new rewards program aimed at enhancing community participation by rewarding LINK stakers. The Chainlink Community Rewards initiative is designed to further incentivize users who stake LINK tokens by offering valuable rewards through a series of ecosystem partnerships.

The first phase of the program sees Chainlink collaborating with Space and Time (SXT), a decentralized data platform that uses zero-knowledge proofs for secure data validation. As part of the partnership, Space and Time will allocate 4% of its total token supply—about 200 million SXT tokens—to be distributed among LINK stakers.

Starting May 8, active and historical stakers will be able to claim the first portion of rewards, with 100 million SXT tokens available for distribution. The remaining 100 million tokens will be distributed in future phases, with a focus on ensuring long-term engagement from both new and existing LINK stakers.

Chainlink’s approach to rewards aims to not only grow the network but also increase the utility and demand for LINK tokens. This move is expected to drive further adoption of Chainlink’s decentralized oracle network, with additional projects likely to join the rewards program in the coming months.

Although the Space and Time collaboration is the first of its kind, Chainlink anticipates a broader expansion of its rewards program, involving more ecosystem partners and additional reward distributions. This initiative marks an important step in Chainlink’s continued efforts to build a thriving, decentralized network with deep community involvement.

Further details on additional reward campaigns and long-term strategies will be shared in the coming weeks.