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Blockchain data infrastructure company Covalent has completed the token migration from CQT to CXT

2024-07-11 11:08:49
On July 11, Covalent, a blockchain data infrastructure company, announced that its governance proposal for "a series of changes from CQT to CXT" has been successfully approved and the related token migration has been completed. The migration aims to align the token with Covalent's enhanced mission to provide a robust decentralized modular data infrastructure tailored for AI and secure, long-term data storage.
It is understood that all token holders, pledgers and delegates can vote on this proposal, and the required legal limit is 10 million CQT. To ensure the integrity and security of this migration process, Covalent invited Quantstamp, Hacken and QuillAudit to conduct a comprehensive audit.