Space and Time launches Genesis validator reward program, incentivizing up to 150 million SXTs

Odaily Planet Daily News: Space and Time have announced the launch of the Genesis Authenticator Reward Program. Participants must pledge SXT within 14 days of the launch of the public mainnet, and the pledge must be maintained for 9 months. If the pledge is fully or partially cancelled before the end of the 9-month period, you will no longer be eligible for rewards under this program. You will still receive standard validator staking rewards (expected annualized rate of return of 8%), but will not receive adjusted plan returns. After the 9-month period ends, eligible participants will be able to connect to the smart contract, verify their staking history, and receive the output after protocol adjustments. Qualification verification will use SQL proof, Space and Time on chain query techniques to read Ethereum's historical state. The maximum reward limit for the Genesis validator reward program is 150 million SXTs, accounting for 3% of the total token supply. Once 150 million SXT is pledged to the program, no other participants will be accepted even within the 14 day period.