Recently, Binance announced the launch of its Launchpool platform's 69th project—Space and Time (SXT), officially starting a two-day staking mining event. This news has attracted widespread attention. As a blockchain project supported by Microsoft, SXT showcases the potential to disrupt Web3 data processing with its innovative zero-knowledge proof (ZK) technology and decentralized data infrastructure.
Staking Mining: BNB, FDUSD, and USDC pools open simultaneously, precise reward distribution
According to the official announcement from Binance, users can participate in SXT mining by staking BNB, FDUSD, or USDC starting from May 6, 00:00 (UTC) until May 7, 23:59 (UTC). A total of 125 million SXT tokens will be released in this Launchpool, accounting for 2.5% of the total supply (5 billion). In terms of reward distribution, the BNB staking pool takes 85% (approximately 106.25 million SXT), the USDC pool receives 10% (12.5 million), and the FDUSD pool accounts for 5% (6.25 million). To ensure fairness, Binance has set a maximum hourly reward limit: up to 221,354 SXT per user in the BNB pool, 26,040 SXT in the USDC pool, and 13,020 SXT in the FDUSD pool. Users can unlock their staked assets at any time, and rewards are calculated based on hourly snapshots, providing high flexibility.
SXT Launch and Trading: Multiple trading pairs ignite market expectations
The SXT token will officially launch on Binance at 13:00 (UTC) on May 8, opening trading pairs SXT/USDT, SXT/USDC, SXT/BNB, SXT/FDUSD, and SXT/TRY. Additionally, SXT will begin trading on the Binance Alpha platform one hour before the official launch (12:00 UTC), but Alpha trading will cease once the spot market opens. The initial circulating supply is 1.4 billion tokens, accounting for 28% of the total supply, providing ample liquidity to the market.
Space and Time: Microsoft backing, ZK technology reshaping data trust
Space and Time (SXT) is a decentralized data platform focused on zero-knowledge proofs, with its core technology "Proof of SQL" capable of providing cryptographically verified SQL query results in sub-second time, connecting on-chain and off-chain datasets to support smart contracts, DeFi, AI-driven applications, and blockchain analytics with reliable data. Microsoft's technological endorsement adds significant credibility, and the Coincu research team points out that the integration of SXT with Microsoft AI tools may attract more institutional investors' attention to blockchain technology.
Market Response: Community discussions, stablecoin staking becomes a highlight
User @Moon1ightSt referred to it as "foolproof mining," suggesting users avoid BNB price volatility risks by using stablecoins. @tianwen2031 pointed out that the Launchpool is more suitable for retail investors compared to Binance Alpha's point system, as it is simple to operate and offers stable returns. @athomegeek123 emphasized that SXT's ZK data layer and Microsoft support make it a project that cannot be ignored, predicting that it may spark a trading frenzy after its launch.
Participation Guide and Risk Warning
To participate in SXT mining, users must complete Binance's KYC certification and are subject to regulatory restrictions in certain regions (such as the United States, Canada, and Japan). Users can access the "Earn" or "More" menu on the Binance app (updated to version 2.89.0 or above) or the web version, navigate to the Launchpool page, select the corresponding pool, and lock their assets. Rewards can be claimed at any time after accumulation to the spot account. Binance reminds that cryptocurrency asset prices are highly volatile; while participation in Launchpool does not require direct purchase of SXT, the value of staked assets may be affected by market conditions, and users are advised to assess risks carefully.
Outlook: Can SXT lead the Web3 data revolution?
The Launchpool event for SXT not only provides users with a low-threshold opportunity to acquire new tokens but also injects momentum into the ecological expansion of Space and Time. Chainlink recently announced a partnership with SXT to launch a community reward program, with the first batch of 10 million SXT allocated to incentivize LINK stakers, demonstrating its strategic layout in the Web3 ecosystem. As trading begins on May 8, SXT's market performance and technological implementation will become the focus. With Microsoft's endorsement, innovative ZK technology, and Binance's traffic support, SXT is poised to become a new star in the Web3 data field by 2025.
For more detailed information: Binance Launchpool launches Space and Time (SXT), earn SXT by using BNB, FDUSD, and USDC
This article represents the author's personal views and does not reflect the stance or views of this platform. This article is for informational sharing only and does not constitute any investment advice to anyone.
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