Chainlink to Incentivize Network Participants With Additional Altcoins AllinCrypto May 6, 2025
Chainlink has announced a new rewards programme to encourage community engagement and to incentivise network participation.
As part of the new programme, Chainlink Build projects can use their native project tokens as reward incentives to Chainlink ecosystem contributors and stakers.
What this means is LINK token stakers and ecosystem users will be able to claim tokens from other projects, creating a new ecosystem dynamic.
Chainlink ecosystem participants are eligible for Chainlink Build project incentives
Chainlink’s new rewards programme allows Chainlink stakers and ecosystem participants to claim and earn tokens from other projects connected to Chainlink Build.
In collaboration with Space and Time, a Chainlink Build member who has been working on ZK (zero knowledge) solutions for blockchain networks, 4% of the project’s SXT tokens will be shared and claimable by LINK stakers from May 8.
Historical data will also be taken into consideration, meaning LINK stakers who may have unstaked their tokens in recent weeks may also be eligible for the 4% token share.
According to Chainlink, Space and Time are long-time Chainlink Build members who are leveraging Chainlink to develop zero-knowledge technologies for blockchains.
Chainlink’s Build ecosystem is made up of dozens of projects utilizing Chainlink’s technology, including their renowned Cross-Chain Interoperability Protocol (CCIP).
Build ecosystem projects include tokenization platforms such as Brickken, derivatives like Dolomite, Tau Protocol, and lending protocols such as Lendr, Folks Finance, and many more.
From Chainlink:
The Build program is a Chainlink Economics initiative that accelerates the growth of early-stage and established projects in the Chainlink ecosystem by providing enhanced access to Chainlink services and technical support.
Chainlink Build, CCIP, and LINK
Chainlink is a leading web3 oracle, connecting blockchain networks with off-chain data from the real world, making it possible for cryptocurrency networks and traditional systems to communicate.
Chainlink’s Cross-Chain Interoperability Protocol is used by leading networks such as Ethereum, Hedera Hashgraph, and Avalanche to share data and strengthen blockchain interoperability.
LINK’s technology may also be used by legacy payment systems, such as SWIFT, to help banks make international digital payments faster and cheaper.
The post Chainlink to Incentivize Network Participants With Additional Altcoins first appeared on AllinCrypto.
