TEMP CHECK - SLURP 46 | Proposal to Explore Liquid Staking Services for SXT

Proposal to Explore Liquid Staking Services for SXT

Summary

This proposal requests that the stake.link DAO consider starting discussions with Space and Time to evaluate the possibility of offering liquid staking services for their SXT token. The SXT token was launched on May 8, 2025, and Space and Time already integrates with Chainlink. This could provide an opportunity for stake.link to expand its services and explore potential revenue growth.

Background

Space and Time operates a decentralized data warehouse that uses zero-knowledge proofs to process data securely for blockchain and AI applications. The SXT token, introduced recently, supports staking to secure the network and other functions within the Space and Time ecosystem. stake.link, a liquid staking protocol within the Chainlink ecosystem, could potentially extend its offerings to include SXT, building on the existing connection between Space and Time and Chainlink.

Rationale

Providing liquid staking for SXT could offer stake.link a new source of revenue through service fees. It may also draw users from the Space and Time community, potentially increasing the total value locked in the protocol. Furthermore, this step could enhance collaboration between stake.link and Space and Time, given their mutual ties to Chainlink.

Proposal

We suggest that the stake.link DAO authorizes initial conversations with Space and Time to determine the feasibility of providing liquid staking services for SXT. These discussions would cover a technical review, a market evaluation, and possible partnership terms. This is an exploratory action and does not obligate stake.link to proceed further at this stage.

Implementation Considerations

To offer SXT liquid staking, stake.link would need to integrate with Space and Time’s staking contracts and develop a liquid staking token. Security audits would also be required for any new smart contracts. If approved, the team would contact Space and Time, conduct a feasibility study, and report findings to the DAO.

Risks and Considerations

Technical challenges may arise from integrating with a new staking system, and market demand for SXT liquid staking remains uncertain due to the token’s recent launch. Regulatory factors could also apply. These aspects would be assessed during the exploratory phase.

Conclusion

The launch of SXT and Space and Time’s integration with Chainlink offer stake.link a chance to consider expanding its services. Initiating discussions with Space and Time would allow the DAO to collect information needed to decide on future steps. We invite the DAO to review this proposal and determine whether to pursue this opportunity.

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Love it let’s make it happen

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Thank you for your support!

I figured there has to be a meaningful reason why chainlink chose Space and Time as their first build project launch, and the day one listings on binance coinbase and kucoin will give the token decent liquidity. Seems like a safe, high potential customer to engage.

Would very much like to see a collaboration between SDL and SXT - both projects are top tier imo

stSXT would be a solid addition and definitely would be positive about validators as well

Let’s make this conversation happen and then maybe announce the collaboration at SmartCon if it works out

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