Covalent Network’s native token CQT is renamed CXT, ushering in a new era for CXT
Odaily2024/07/11 07:01
By:Odaily
Odaily News Covalent Network, a modular data infrastructure focused on AI and Web3, announced that its governance proposal has been voted through and implemented by the community. The proposal includes deploying the native token CQT to a new smart contract, migrating and renaming it to CXT, which aims to improve the infrastructure and lay the foundation for supporting modular data solutions and long-term data availability. In addition, centralized exchanges such as OKX, Gate, Crypto.com, KuCoin, BingX and MEXC have made preparations to support this migration. This migration is part of the New Dawn plan, which also includes Arthur Hayes joining as a strategic advisor, a $5 million financing led by RockTree Capital, and a migration from Moonbeam to
Ethereum. This transition lays a solid foundation for the future growth of Covalent Network (CXT). The CXT token will be the core of the operating network, supporting thousands of network users, more than 230 chain ecosystems, and more than 300 million wallets. Covalent Network will continue to develop long-term ecological development plans to support the innovation and growth of CXT.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Berkshire Hathaway's cash reserves exceed $300 billion
Cointime•2024/11/02 12:44
AAVE breaks above $140
Cointime•2024/11/02 12:44
Berkshire Hathaway A's third-quarter net profit is $26.25 billion
Cointime•2024/11/02 12:33
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$69,617.57
-1.00%
Ethereum
ETH
$2,492.12
-1.85%
Tether USDt
USDT
$0.9997
+0.08%
BNB
BNB
$569.44
-1.48%
Solana
SOL
$165.74
-2.49%
USDC
USDC
$1
+0.01%
XRP
XRP
$0.5115
-1.03%
Dogecoin
DOGE
$0.1581
-2.60%
TRON
TRX
$0.1668
-0.38%
Cardano
ADA
$0.3560
+0.94%
Bitget pre-market
Buy or sell coins before they are listed, including PGC, MAJOR, OGC, MEMEFI, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now