Author: Luke, Mars Finance
Binance Launchpool opened with a bang, Chainlink community airdropped 1 billion tokens, and the name Space and Time (SXT) sparked heated discussions in the blockchain circle. Backed by Microsoft and backed by zero-knowledge proof (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 is like a tight ring, limiting its imagination. Want DeFi to provide personalized loans based on on-chain history, or realize cross-chain complex derivatives like traditional finance? SXT is here! It is not an ordinary blockchain project, but a decentralized database based on zero-knowledge proof, designed for the next generation of data-driven applications.
The core weapon of SXT is Proof of SQL, a zero-knowledge coprocessor that enables a single node to execute complex SQL queries, generate verifiable zero-knowledge proofs, and confirm the results on-chain. Compared with the inefficiency of redundant calculations of all nodes in traditional blockchains, SXT compresses query latency to sub-seconds, which is both fast and secure. This not only solves the data bottleneck of DeFi, but also paves the way for tokenized real-world assets (RWA) and AI-driven smart contracts. Binance's TGE (token generation event) and Chainlink's airdrop are just the starting point. The real goal of SXT is to reshape the data ecology of blockchain.
Architecture Revealed: The Perfect Collision of Zero Knowledge and Decentralization
SXT’s architecture is like a carefully choreographed sci-fi blockbuster, where zero-knowledge proofs work seamlessly with a decentralized network of validators to build a trust-minimized data empire. Let’s take a 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 are unable to cope with large-scale data queries. Proof of SQL allows a single node to run SQL queries and generate zero-knowledge proofs to ensure that the results are correct. Smart contracts only need to verify the proof to use the results without repeated calculations. What does this mean? Sub-second query speeds, comparable to the experience of centralized systems, without sacrificing decentralized security.
Take SXT's ecological partner Lendvest as an example. This DeFi lending protocol uses Proof of SQL to analyze borrower behavior in real time, provide personalized loan conditions, and improve market efficiency. This capability makes SXT a "data accelerator" for DeFi and even the entire Web3.
Validator Network: Data Guardian
Even the most powerful Proof of SQL requires a reliable data source. SXT's validator network is responsible for collecting data from on-chain (such as Ethereum, Bitcoin, Polygon) and off-chain, and indexing it into tamper-proof tables. Through the Byzantine Fault Tolerance (BFT) consensus, validators generate cryptographic commitments to the data state and confirm them with threshold signatures to ensure that the data cannot be tampered with.
SXT tokens come into play here. Validators must stake SXT as a guarantee of honest behavior. Signing wrong commitments or going offline will result in slashing. Staked SXT is not only the cornerstone of network security, but also the guarantee of the credibility of each zero-knowledge proof. Smart contracts trust the data endorsed by this group of "stacking troops" with economic risks.
Cross-chain real-time data: breaking the curse of fragmentation
Another challenge for DeFi is data fragmentation - it is difficult for smart contracts 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 full history of Ethereum, ZKsync Era, or off-chain data without centralized oracles or tedious manual aggregation. This opens the door to complex use cases such as cross-chain derivatives, tokenized assets, etc.
SXT Token: Ignite the Engine of Decentralized Economy
The SXT token is not only a link in technology, but also the lifeblood of the ecological economy. With a total supply of 5 billion, the economic model of SXT has sparked heated discussions after Binance announced it on May 5, 2025. Let's see how it drives this decentralized empire.
The “trio” of tokens: staking, payment, incentives
SXT has three main uses in the ecosystem:
- Network security: Validators stake SXT to participate in consensus and ensure data table security. Stakers earn network fees, but will be confiscated if they behave improperly (such as data fraud). Delegated stakers can also share rewards by supporting validators.
- Data incentives: Table owners who publish high-quality data sets earn SXT, and their income is determined by market demand. This ensures that developers have a continuous supply of data.
- Protocol Payments: SXT is the only payment method for queries, data insertion, and verifiable computations. Fees are distributed between validators (processing) and table owners (data), forming a self-sustaining ecological cycle.
Distribution strategy: Community is the trump card
The distribution of SXT demonstrates the original intention of decentralization, with more than 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 ecosystem development (partnerships, protocol expansion). 375 million reward tokens unlocked on Day 0 to launch Gigaclaims and other programs.
- Investors (25.9%, 1.2953 billion SXT): allocated to seed, strategic and Series A investors, unlocked linearly over 4 years, and 15% unlocked after 12 months.
- Team (22.4%, 1.1221 billion SXT): belongs to MakeInfinite Labs and consultants, also unlocked in 4 years.
The initial circulation is 1.4 billion (28%), of which 125 million are used in Binance Launchpool, attracting 18.6477 million BNB, 413 million FDUSD and 2.081 billion USDC (as of May 6, 2025). The marketing allocation of 25 million at the time of listing and 50 million six months later continues to build momentum for the project.
Chainlink Airdrop: The “Tipping Point” of 1 Billion SXT
Chainlink's community incentive plan has taken SXT's popularity to a new level. In 2025, Chainlink will allocate 2 billion SXT to the ecosystem, of which 1 billion will be distributed to LINK stakers in the Season Genesis phase. Starting from May 8, eligible stakers can claim them within 90 days, and unclaimed tokens will be used for future rewards. This wave of airdrops 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 by processing queries and data insertions, and table owners benefit by providing high-quality data. The fee distribution mechanism ensures both network security and data availability. As indexers and certifiers gradually become decentralized, new staking roles will further enrich economic opportunities.
The Ecosystem Development Fund will be unlocked linearly over 4 years to support partnerships and innovation, ensuring that SXT remains at the forefront of zero-knowledge technology. The popularity of Binance TGE and the support of Chainlink airdrops are the best proof of the appeal of this model.
The Grand Chess Game: Space and Time Foundation and the Decentralized Vision
SXT's ambitions go far beyond technological breakthroughs, paving the way for a decentralized future. The Space and Time Foundation, established at the end of 2024, is the helmsman of this vision. Led by Scott Dykstra (first contributor) and Catherine Daly (chief marketing officer), the foundation promotes research, ecosystem growth, and community governance. Initiatives such as grants, hackathons, and transparent governance empower developers, while MakeInfinite Labs focuses on zero-knowledge research and enterprise integration.
The birth of the foundation 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 of Binance and Chainlink is just a prelude. SXT is weaving a decentralized dream for developers, stakers, and users.
Why is SXT the "next big thing"?
The 2008 financial crisis and 600 million data breach records in 2024 remind us that the vulnerability of centralized systems is everywhere. SXT uses decentralized databases as an antidote, empowering developers to build trustless, data-driven applications. Take DeFi as an example. Traditional finance uses credit history to optimize loan conditions, but DeFi is limited by missing data. SXT enables protocols such as Lendvest to achieve personalized lending and unlock market potential through real-time, verifiable data access.
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 instruments, tokenized assets, and AI smart contracts. The popularity of Binance TGE and Chainlink’s airdrop are just the prelude to the rise of SXT. Its real stage is the future of decentralized data.
SXT is not an ordinary token, nor is it just a database, but the beginning of a decentralized data revolution. Its zero-knowledge architecture, community-driven economic model, and strong support from Binance and Chainlink make it a shining star in the Web3 track. In an era where trust is scarce and data is king, SXT uses technology as a sword and community as a shield to prove that decentralization can balance efficiency and security.
Are you a developer who wants to build the next generation of DeFi protocols, or a staker who wants to contribute to network security? SXT’s invitation has been issued: join this data-driven decentralized adventure and ignite the next wave of blockchain!
