Covalent is committed to promoting ecosystem integration through community airdrops, which is an initiative to distribute project tokens from partners directly to CQT stakers. Simply stake CQT to participate in the Covalent incentive program and have the opportunity to receive multi-currency airdrops from its ecosystem partners.
Token holders who have staked CQT and interacted with the Wormhole Portal Bridge will first benefit from the Wormhole token W airdrop. It is reported that about 400,000 wallets will receive part of Wormhole's 617 million W token distribution plan.
Currently, CQT ranks second in ERC-20 token holdings on the Wormhole cross-chain, with a total of 158 million and a cumulative transaction value of over $36 million.
Covalent (CQT) creates a Web3 data availability layer that enables millions of users to build new economic products in the fields of AI, big data, and DeFi.