Blockchain data infrastructure company Covalent plans to reserve 10% of the total supply of CXT.
Foresight News: Blockchain data infrastructure company Covalent plans to establish a CXT strategic reserve, using real revenue from enterprises, developers, and vibecoders (utilizing the GoldRush API or SpeedRun Prompt-To-Earn platform), as well as on-chain integration revenue and ecosystem grants, to purchase CXT. The existing regular buyback plan will remain unchanged.
Covalent plans to reserve 10% of the total CXT supply, which will be locked for several years. Any use of the reserved funds will require governance voting.
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.
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