Covalent will launch an ecosystem airdrop on August 1, distributing $100,000 worth of TAIKO tokens to CXT stakers.

PANews, August 1 news, according to official information, the modular data infrastructure of AI Covalent announced that TAIKO is the first cooperative project of its ecological airdrop plan. The airdrop will be conducted on Thursday, August 1, 2024, with a total of $100,000 worth of TAIKO tokens distributed to CXT stakers, and these tokens will be automatically airdropped to the eligible staking wallet addresses.

It is reported that this ecological airdrop plan aims to reward loyal CXT token holders, enabling them to receive various incentives from the Covalent ecosystem partner network. As an infrastructure that has integrated more than 230 blockchains, Covalent plans to continue providing more opportunities and rewards for its community. By collaborating with long-term partners like TAIKO, Covalent aims to enhance market dynamics and deepen community engagement. The plan is primarily targeted at long-term supporters who have experienced multiple technological transformations, such as the migration from Moonbeam to Ethereum staking and the token migration from CQT to CXT.

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