New Binance Launchpool: Here’s How to Earn Free SXT Tokens by Staking BNB, USDC or FDUSD

Binance, the world’s leading cryptocurrency exchange, has announced Space and Time as the next project to be featured on their Binance Launchpool staking platform.Users will be able to earn Space and Time (SXT) tokens on Binance by staking their BNB, USDC or FDUSD between May 6 at 0:00 AM UTC and May 7 at 23:59 UTC. Users will be able to withdraw the staked coins at any time, while still keeping their SXT token rewards.Earn SXT on BinanceIntroducing @Space and Time on Binance Launchpool!

Farm $SXT by Locking BNB, FDUSD and USDC.

More information 👉 https://t.co/bexgxNS05D pic.twitter.com/3PjU8F0wRm2.5% of the total SXT token supply will be distributed to users on the Launchpool – that amounts to 125 million SXT tokens out of the 5 billion total token supply.The BNB staking pool will receive 85% of these rewards, while the USDC staking pool will receive 10% and the FDUSD staking pool will receive 5%. It should be noted that the amount of SXT you earn depends on how big your stake is, relative to the size of the entire staking pool. There is also an hourly cap in place, dictating how much SXT users can earn in an hour – for BNB stakers it’s 221,354 SXT per user, while the cap for USDC is 26,040 SXT and the cap for FDUSD stakers is 13,020 SXT.After the end of the Space and Time Launchpool campaign, SXT will be listed on Binance on May 8 at 13:00 UTC in trading pairs against USDT, BNB, FDUSD, USDC and TRY.Space and Time is a decentralized data warehouse that brings verifiable, zero-knowledge (ZK) data processing to smart contracts. It enables developers to combine indexed blockchain data from major chains with offchain datasets, allowing smart contracts to execute logic based on real-time, trustless data.Proof of SQL is Space and Time’s sub-second ZK coprocessor. It allows smart contracts to run complex queries on both onchain and offchain data and receive ZK-verified results by the next block. This unlocks real-time applications that go beyond simple transactions.Developers can interact with data using a familiar SQL interface, create analytics in Space and Time Studio, and generate queries using natural language with an integrated AI assistant. Results can be sent directly to smart contracts, APIs, dashboards, or applications.Space and Time currently indexes data from chains like Ethereum, Bitcoin, Polygon, ZKsync, Sui, and Avalanche, with support for more chains continually expanding.The SXT token secures the network and incentivizes participation. Validators stake SXT to process and ZK-prove queries, ensuring data is tamperproof and trustworthy through consensus and cryptographic signatures.SXT also powers the decentralized economy of Space and Time. 51.7% of the token supply is allocated to the community, including 28% for rewards such as staking, grants, and retroactive incentives. To support early adoption, 375 million tokens (7.5%) will be available to the community at launch.Space and Time enables a new generation of smart contracts—powered by fast, verifiable data and secured by a decentralized token economy.If you want to earn Space and Time farming rewards, you’ll need a Binance account.Create Binance AccountPlease keep in mind that only users who complete an identity verification process with Binance are eligible to participate in SXT token farming on Binance Launchpool.Once your account is ready, you’ll need some BNB, FDUSD or USDC tokens to stake. If you already own these tokens, you can deposit some to your Binance account. Otherwise, Binance offers plenty of ways to buy them with crypto or fiat. After your account is verified and loaded with BNB, FDUSD or USDC, go to the menu on the top side of the Binance interface and select “More.” Then, go to “Launchpool.”Then, find the available farming pools. Depending on which tokens you want to stake, select the BNB, FDUSD or USDC. Then, follow the instructions provided by the exchange.Please keep in mind that the screenshot below is from a previous Launchpool project, since Binance hasn’t updated their website yet to include the Space and Time Launchpool at the time of writing this article.As a final note, here’s a quick breakdown of key dates and information about the Space and Time Launchpool campaign: