What is SXT?
SXT is the native token of Space and Time, a decentralized data warehouse that combines blockchain technology with advanced cryptography, especially zero-knowledge proofs (ZK-proofs). It allows smart contracts, AI models, and businesses to access secure, real-time, and verifiable data.
SXT Chain addresses the need for a query coprocessor for smart contracts by providing atamperproof, community-operated decentralized database that indexes and verifies data from major blockchains or user-owned tables using ZK proofs. Community-operated validators store threshold-signed cryptographic commitments (one per table) instead of raw data. Validators and archive nodes locally pin raw data or act as comprehensive repositories to ensure redundancy and availability. Indexed data from major blockchains (e.g., Ethereum, Bitcoin, ZKsync, Sui,Avalanche, Base) is validated and summarized into onchain cryptographic commitments (e.g.,KZG, Nova, Dory), which act as tamperproof digital fingerprints of the underlying tables. When data insertions are submitted via DDL/DML transactions, the network updates the affected table's cryptographic commitment to reflect its new state.
What is the Purpose of SXT?
The SXT token serves several roles in the Space and Time ecosystem:
Data Validation – It rewards participants who contribute to validating and verifying data.
Network Fees – SXT is used to pay for query executions and other services.
Governance – Token holders may vote on key upgrades and decisions.
Staking – It encourages user participation in maintaining the integrity of the network.
SXT is especially useful in use cases requiring trusted data for smart contracts, such as DeFi, gaming, and enterprise applications.
How to Get SXT from Binance Launchpool?
Binance listed SXT as its 69th Launchpool project. Here's how users could get SXT during the farming period:
Farming Period
From May 6, 2025, 00:00 UTC to May 7, 2025, 23:59 UTC (2 days).
How to Participate
Users needed to:
Log in to Binance Launchpool.
Stake BNB, FDUSD, or USDC in designated pools.
Earn SXT tokens as rewards based on the amount and time staked.
Reward Allocation
Total Launchpool Rewards: 125 million SXT (2.5% of total supply)
BNB Pool: 85%
FDUSD Pool: 5%
USDC Pool: 10%
Rewards were distributed hourly, and users could harvest their rewards at any time or redeem their staked tokens with no lockup.
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