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

On August 1, according to official news, AI's modular data infrastructure Covalent announced TAIKO as the first cooperative project for its ecological airdrop plan. The airdrop will be carried out on Thursday, August 1, 2024, distributing a total of $100,000 worth of TAIKO tokens to CXT stakers, which will be automatically airdropped to eligible pledge wallet addresses.

It is reported that the ecological airdrop plan aims to reward loyal CXT token holders, enabling them to obtain various incentives from the Covalent ecosystem partner network. As an infrastructure that integrates more than 230 blockchains, Covalent plans to continue to provide more opportunities and rewards to its community. By working with long-term partners such as TAIKO, Covalent aims to enhance market dynamics and deepen community participation. The program is mainly aimed at long-term supporters who have experienced multiple technological changes, such as the pledge migration from Moonbeam to Ethereum and the token migration from CQT to CXT.