Covalent has unveiled the Covalent Strategic Reserve, a long-term fund powered by both onchain and offchain revenue, including regular CXT token buybacks. The reserve plans to accumulate around 10% of the total CXT supply and will require community governance for any spending. In 2025, Covalent repurchased over 17 million CXT through revenue-backed buybacks and removed another 9.05 million via daily onchain automation, reinforcing its commitment to sustainable token economics.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
JPMorgan now allows institutional clients to use Bitcoin and Ethereum as loan collateral, blending crypto…
Two major AI-blockchain projects, Fetch.ai and Ocean Protocol, have finally decided to settle their long-running…
Story Highlights The live price of the MANA crypto token is . MANA price could…
World Liberty Financial (WLFI), a crypto token linked to U.S. President Donald Trump, has seen…
Pi Network has taken a big step to strengthen its ecosystem by completing full KYC…
In a timely move following this week's crippling Amazon Web Services (AWS) outage, Google Cloud…
