Day Zero of the New Dawn: Welcome CXT
Today marks a monumental day in Covalent’s history—Day Zero of the New Dawn. Following a successful governance vote, we are thrilled to announce the launch of CXT as the new network token for the Covalent Network.
Read about the governance proposal here.
CXT Address
The new contract address for CXT is 0x7ABc8A5768E6bE61A6c693a6e4EAcb5B60602C4D.
How to Access Your CXT
Existing CQT holders can access their new CXT tokens through various channels:
Exchanges: Major exchanges such as OKX, Gate, Kucoin, Crypto.com, and others will automatically migrate CQT to CXT. There is no action required on your part if your tokens are held on these platforms.
Staked CQT: If you have staked CQT, your tokens will be automatically migrated to CXT. This ensures continuity and convenience for our staking community.
Self-Hosted Wallets: For those holding CQT in self-hosted wallets, you will receive an airdrop of CXT tokens. This airdrop will reflect the 1:1 ratio, providing a straightforward way to access your new tokens.
Embracing the Future with CXT
The launch of CXT is more than just a token migration—it signifies the beginning of a new chapter for Covalent. With CXT, we are poised to enhance our ecosystem, drive further innovation, and continue our mission of providing unparalleled access to onchain data.
As we celebrate this pivotal moment, we extend our deepest gratitude to our community for their unwavering support and active participation in shaping the future of Covalent. Together, we embark on this new journey with confidence and excitement.
Welcome to the New Dawn. Welcome CXT.
Stay tuned for more updates as we continue to evolve and push the boundaries of what's possible in the verifiable data space.
For further assistance, please reach out to our support team on our Discord server here our Telegram channel here, or check out our comprehensive blog and FAQ document here.
