In a strategic move to bolster its deflationary model, Covalent recently initiated an on-chain buyback program of 900,000 $CXT tokens. This initiative significantly reduces the circulating supply by […]
Covalent: Strategic Token Buyback and Technology Upgrade Drives $CXT Demand
Crypto data provider Covalent has taken a proactive step in bolstering its token economics through a strategic buyback of 900,000 $CXT tokens in August. This move reduced the […]
Covalent Burns a Major Portion of Tokens, Driving Deflationary Strategy
Blockchain data provider Covalent has taken a significant step towards building a deflationary model for its CXT token. In August alone, the company repurchased 900,000 CXT tokens from […]