Binance has announced the addition of Space and Time (SXT) as the 69th project on its Launchpool platform. This initiative allows users to farm SXT tokens by staking BNB, FDUSD, or USDC over a two-day period starting May 6, 2025, at 00:00 UTC. Following the farming period, SXT will be listed on Binance Spot on May 8, 2025, at 13:00 UTC, with trading pairs including SXT/USDT, SXT/USDC, SXT/BNB, SXT/FDUSD, and SXT/TRY.
Understanding Space and Time (SXT)
Space and Time is a decentralized data platform that bridges the gap between on-chain and off-chain data, enabling the creation of advanced, data-driven smart contracts. Backed by Microsoft's venture arm, M12, and having secured a $20 million Series A funding round, Space and Time is at the forefront of integrating zero-knowledge (ZK) proofs with blockchain technology.
Key Features of SXT
Proof of SQL: A groundbreaking ZK coprocessor that allows smart contracts to execute SQL queries on both on-chain and off-chain data, providing verifiable results in sub-second timeframes. This ensures data integrity and trustlessness in smart contract operations.
Decentralized Data Warehouse: SXT indexes data from major blockchains like Ethereum, Bitcoin, Polygon, and others, storing it across a decentralized network of nodes. This infrastructure supports scalable and secure data retrieval for various applications.
Integration with Chainlink and zkSync: By partnering with Chainlink, SXT provides developers with reliable oracle services for data verification. The collaboration with zkSync introduces a ZK rollup within the Elastic Chain ecosystem, enhancing scalability and enabling seamless smart contract deployment.
The Role of the SXT Token
The native SXT token is central to the platform's operations:
Utility: SXT is used to pay for computational services on the network. While data storage is free, computation and query executions incur fees, which are dynamically priced based on network demand and query complexity.
Staking and Rewards: Node operators are required to stake SXT tokens to participate in the network, ensuring commitment and reliability. Token holders can delegate their SXT to these operators, earning rewards in return.
Deflationary Mechanism: A portion of the fees paid in SXT is burned, introducing a deflationary aspect to the token's economics.
Governance: In the future, SXT will facilitate decentralized governance, allowing token holders to influence the platform's development and decision-making processes.
Real-World Applications
Space and Time's architecture supports a myriad of use cases:
Decentralized Finance (DeFi): Platforms can utilize SXT to create on-chain credit scoring systems by aggregating and verifying user transaction histories, enabling more personalized lending rates.
Gaming and NFTs: Developers can build games where in-game events trigger smart contract actions, such as minting NFTs or distributing rewards, based on verifiable off-chain data.
Enterprise Solutions: Businesses can leverage SXT for secure and scalable data processing, integrating blockchain technology into their operations without compromising on data integrity or performance.
Conclusion
The introduction of Space and Time (SXT) on Binance Launchpool marks a significant advancement in the integration of verifiable data processing with blockchain technology. By enabling smart contracts to interact seamlessly with both on-chain and off-chain data, SXT paves the way for more sophisticated and trustworthy decentralized applications across various industries.
Tokenomics and Launch Details
Total Supply: 5,000,000,000 SXT
Initial Circulating Supply: 1,400,000,000 SXT (28%)
Launchpool Rewards: 125,000,000 SXT (2.5% of total supply)
Launchpool Duration: May 6–7, 2025
Smart Contracts:
Ethereum: 0xE6Bfd33F52d82Ccb5b37E16D3dD81f9FFDAbB195
Base: 0xA2c22252cDc8b7cDdEe1B0b2E242818509fCf7b8
How to Join the SXT Launchpool
Joining is simple:
Log in to your Binance account and complete KYC.
Navigate to the Launchpool page.
Stake your BNB, FDUSD, or USDC in one of the supported pools.
Earn SXT hourly, with no lock-up period and real-time claiming.
Users can unlock funds at any time, and all rewards plus deposits will automatically transfer to Spot Accounts at the end of the farming period.
Why SXT Stands Out
Dual-Utility Token: Used for payments, staking, and governance.
Deflationary Design: Includes token burning from transaction fees.
Real Use Cases: Enables DeFi credit scoring, gaming logic, NFT automation, and enterprise-grade analytics.
Space and Time is not just a blockchain—it’s a next-gen data engine for Web3.
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