Binance TGE, Chainlink airdrop, what exactly is SXT?

Author: Luke, Mars Finance

Binance Launchpool kicks off with a bang, the Chainlink community airdrops 1 billion tokens, and the name Space and Time (SXT) has sparked heated discussions in the blockchain circle. Backed by Microsoft and empowered by zero-knowledge proofs (ZK), what exactly is SXT?

SXT's Ambition: From DeFi Pain Points to Data Revolution

The DeFi craze has made decentralized finance the focus, but the historical pain point of smart contracts being unable to efficiently access data acts like a tight spell, limiting its imagination. Want DeFi to provide personalized loans based on on-chain history like traditional finance, or achieve complex cross-chain derivatives? Here comes SXT! It is not an ordinary blockchain project but a decentralized database based on zero-knowledge proofs, specifically designed for the next generation of data-driven applications.

SXT's core weapon is Proof of SQL, a zero-knowledge co-processor that allows a single node to execute complex SQL queries, generate verifiable zero-knowledge proofs, and confirm results on-chain. Compared to the inefficiency of redundant computations by all nodes in traditional blockchains, SXT compresses query latency to sub-second levels, making it both fast and secure. This not only solves the data bottleneck in DeFi but also paves the way for tokenizing real-world assets (RWA) and AI-driven smart contracts. Binance's TGE (Token Generation Event) and Chainlink's airdrop are just the starting point; SXT's true goal is to reshape the data ecosystem of blockchain.

Architecture Reveal: The Perfect Collision of Zero-Knowledge and Decentralization

The architecture of SXT is like a meticulously arranged sci-fi blockbuster, where zero-knowledge proofs and a decentralized validator network work seamlessly together to build a trust-minimized data empire. Let’s take a closer look.

Proof of SQL: The "Super Brain" of Smart Contracts

The soul of SXT is Proof of SQL. Traditional blockchains can handle simple transactions, but they struggle with large-scale data queries. Proof of SQL allows a single node to run SQL queries, generate zero-knowledge proofs, and ensure the results are correct. Smart contracts only need to verify the proof to use the results, eliminating the need for redundant calculations. What does this mean? Sub-second query speeds, comparable to centralized systems, without sacrificing the security of decentralization.

Take SXT ecosystem partner Lendvest as an example; this DeFi lending protocol utilizes Proof of SQL to analyze borrower behavior in real-time, providing personalized loan conditions and enhancing market efficiency. This capability makes SXT a "data accelerator" for DeFi and even the entire Web3.

Validator Network: The "Guardian Legion" of Data

No matter how powerful Proof of SQL is, it still needs reliable data sources. SXT's validator network is responsible for collecting data from on-chain (like Ethereum, Bitcoin, Polygon) and off-chain sources, indexing it into tamper-proof tables. Through Byzantine Fault Tolerance (BFT) consensus, validators generate cryptographic commitments to the data state and confirm them with threshold signatures, ensuring the data is tamper-proof.

SXT tokens shine here. Validators must stake SXT as a guarantee of honest behavior; signing incorrect commitments or going offline will result in slashing. The staked SXT is not only the cornerstone of network security but also guarantees the credibility of each zero-knowledge proof. What smart contracts trust is the data backed by this "staking legion" with economic risks.

Cross-Chain Real-Time Data: Breaking the Fragmentation Curse

Another challenge in DeFi is data fragmentation—smart contracts struggle to access cross-chain or off-chain data. SXT builds a unified, queryable database by indexing data starting from the genesis block of major blockchains and updating it in real-time. Developers can access the complete history of Ethereum, ZKsync Era, or off-chain data without needing centralized oracles or cumbersome manual aggregation. This opens the door for complex use cases like cross-chain derivatives and tokenized assets.

SXT Token: The Engine Igniting the Decentralized Economy

The SXT token is not only a technical link but also the lifeblood of the ecosystem's economy. With a total supply of 5 billion, the economic model of SXT sparked heated discussions after its announcement on May 5, 2025, by Binance. Let’s see how it drives this decentralized empire.

The "Trio" of Tokens: Staking, Payments, Incentives

SXT has three major uses in the ecosystem:

• Network Security: Validators stake SXT to participate in consensus, ensuring the security of data tables. Stakers earn network fees, but if they misbehave (e.g., data fraud), they will be slashed. Delegated stakers can also share rewards by supporting validators.
• Data Incentives: Table owners who publish high-quality datasets earn SXT, with market demand determining their income. This ensures a continuous supply of data for developers.
• Protocol Payments: SXT is the sole payment method for queries, data insertion, and verifiable computation. Fees are distributed between validators (processing) and table owners (data), forming a self-sustaining ecological cycle.

Distribution Strategy: The Community is the "Ace"

The distribution of SXT highlights the original intention of decentralization, with over 50% of the 5 billion tokens belonging to the community:

• Community (51.7%, 2.5825 billion SXT): 1.4 billion for rewards (staking, retroactive claims, developer funding), 1.1825 billion for ecological development (partnerships, protocol expansion). 375 million reward tokens are unlocked on Day 0 to kickstart initiatives like Gigaclaims.
• Investors (25.9%, 1.2953 billion SXT): Allocated to seed, strategic, and Series A investors, with a 4-year linear unlock, 15% unlocking after 12 months.
• Team (22.4%, 1.1221 billion SXT): Belonging to MakeInfinite Labs and advisors, also with a 4-year unlock.

The initial circulation is 1.4 billion (28%), with 125 million used for Binance Launchpool, attracting participation from 18.6477 million BNB, 413 million FDUSD, and 2.081 billion USDC (as of May 6, 2025). The marketing allocation of 25 million tokens at launch and 50 million after 6 months will continue to generate momentum for the project.

Chainlink Airdrop: The "Trigger Point" for 1 Billion SXT

Chainlink's community incentive program has elevated SXT's popularity to another level. In 2025, Chainlink allocated 2 billion SXT for the ecosystem, with 1 billion distributed to LINK stakers during the Season Genesis phase. Starting from May 8, eligible stakers can claim within 90 days, and unclaimed tokens will be used for future rewards. This airdrop not only expands SXT's community base but also strengthens its position in data-driven DeFi.

Economic Model: A Self-Sustaining Decentralized Blueprint

SXT's economic model is like a precision machine, balancing incentives and constraints. Validators and delegated stakers profit from processing queries and data insertions, while table owners benefit from providing high-quality data. The fee distribution mechanism ensures that network security and data availability drive each other. As indexers and provers gradually decentralize, new staking roles will further enrich economic opportunities.

The ecological development fund unlocks linearly over 4 years, supporting partnerships and innovations, ensuring SXT remains at the forefront of zero-knowledge technology. The popularity of Binance's TGE and the support from Chainlink are the best proof of this model's attractiveness.

The Grand Chessboard: Space and Time Foundation and the Decentralized Vision

SXT's ambition goes far beyond technological breakthroughs; it aims to pave the way for a decentralized future. Established at the end of 2024, the Space and Time Foundation is the helm of this vision. Led by Scott Dykstra (the first contributor) and Catherine Daly (Chief Marketing Officer), the foundation promotes research, ecological growth, and community governance. Initiatives like funding, hackathons, and transparent governance empower developers, while MakeInfinite Labs focuses on zero-knowledge research and enterprise integration.

The foundation's birth marks a transition from corporate control to community co-governance. Its goal is to catalyze the next wave of blockchain, AI, and enterprise applications through zero-knowledge proof data. The support from Binance and Chainlink is just a prelude; SXT is weaving a decentralized dream for developers, stakers, and users.

Why SXT is the "Next Big Event"?

The 2008 financial crisis and the 600 million data breach records in 2024 remind us that the vulnerabilities of centralized systems are everywhere. SXT, with its decentralized database, empowers developers to build trustless, data-driven applications. In DeFi, for example, traditional finance optimizes loan conditions using credit history, while DeFi is limited by data scarcity. SXT enables personalized lending for protocols like Lendvest through real-time, verifiable data access, unlocking market potential.

This is just the tip of the iceberg. SXT's ability to unify on-chain and off-chain data opens up a new world for cross-chain financial tools, tokenized assets, and AI smart contracts. The popularity of Binance's TGE and Chainlink's airdrop is merely the overture to SXT's rise; its true stage is the future of decentralized data.

SXT is not an ordinary token, nor just a database, but the beginning of a decentralized data revolution. Its zero-knowledge architecture, community-driven economic model, and strong backing from Binance and Chainlink make it a shining new star in the Web3 arena. In an era where trust is scarce and data reigns supreme, SXT wields technology as a sword and community as a shield, proving that decentralization can balance efficiency and security.

Are you a developer looking to build the next generation of DeFi protocols, or a staker contributing to network security? The invitation from SXT is out: join this data-driven decentralized adventure and ignite the next wave of blockchain!