According to PANews, Covalent, a modular data infrastructure for AI, has initiated a governance proposal aimed at increasing the staking delegation capacity for CXT holders. The proposal suggests raising the maximum delegation multiplier and adding more BSP operators to support the network's growth and security needs.

The proposal highlights the necessity of additional capacity due to rapid growth. After increasing the maximum delegation multiplier to 34x on May 24, the new proposal recommends further increasing it to 40x. This adjustment aims to cover approximately 35% of the circulating supply, around 297 million CXT tokens. This measure is crucial to ensure that the delegation space can support the expanding network without causing bottlenecks or limiting the participation of CXT holders.

Additionally, to further support network expansion and ensure robust security, the proposal plans to introduce new BSP operators to help protect the Ethereum Wayback Machine. The voting process is open to CXT token holders and stakers, with Covalent also launching a related event on Galxe, which will last for two days.