Binance announced the launch of the 69th project on its Launchpool platform — the Space and Time (SXT) blockchain, supported by Microsoft and designed to work with ZK-proofs. Participants will be able to stake BNB, FDUSD, and USDC to receive airdrop tokens over 2 days, starting from May 6 at 03:00 (MSK). Trading on the spot market will commence on May 8 at 16:00, with SXT available in pairs with USDT, USDC, BNB, FDUSD, and TRY.
The Space and Time project positions itself as an innovative platform combining traditional databases with cryptographic security focused on ZK-proofs. The blockchain is available on Ethereum as well as on the Base network — the corresponding contract will appear within 48 hours. Initially, 1.4 billion tokens will be in circulation (28% of the total supply of 5 billion).
Within the Launchpool, users will be able to distribute funds among 3 pools. The largest share (85% of the rewards) will go to BNB, followed by USDC (10%) and FDUSD (5%). A total of 125 million SXT tokens will be distributed as rewards, which constitutes 2.5% of the total issuance.
Additionally, 25 million tokens will be used in upcoming marketing campaigns immediately after the listing, and another 50 million will be released after 6 months. All users must undergo a mandatory KYC procedure.
Interest in the project is fueled by support from Microsoft, which may enhance trust from institutional investors.
