Covalent Official Announcements

📢 Calling all devs!

Join our first-ever office hours where Ganesh will be LIVE, walking you through everything you need to know about the Covalent AI Agent SDK v0.2.0.

This is your chance to get hands-on, explore new tools, and start building 🏗️.

📅 Friday Feb 7, 3:30PM UTC / 7:30AM PST
📍 Discord

See you all there 🫡

Guess what’s dropping this week? 👀

AI Frontiers: Ep.4 with Ram Kumar from Openledger!

We’re diving into big-picture trends in AI, the rise of SLMs, how onchain data powers specialized agents, and so much more.

⏰ Feb 6 4:30 PM UTC | 8:30 AM PST

You can't miss this one! Hit that reminder 👇
https://x.com/i/spaces/1LyGBWMMwjPJN

LESS THAN 24 HOURS AWAY ⏳

We're going to be covering a lot with Capx's founder, Vaibhav tomorrow in an exciting episode of our AI Frontiers series. Don't miss it 👉 https://x.com/i/spaces/1jMJgBkpEPOGL

AI FRONTIERS EP.3: COVALENT X CAPX

Mark your calendars, frens!

Vaibhav Tyagi, Capx's Founder is going to join us on Friday to break down the biggest news shaping AI, the journey of building Capx, and all the alpha they’ve got lined up.

📆 Jan 31st, 8:30AM PST / 4:30PM UTC

It's going to be raw, real, and packed with insights. Be there 👀🔥 https://x.com/i/spaces/1jMJgBkpEPOGL

Introducing the AI Agent SDK v0.2.0: The 'Zero-Employee Enterprise'

AI and crypto move fast, but so do we.

The AI Agent SDK v0.2.0 is a full rebuild designed for the onchain world, powering a new era of autonomous, crypto-specialized AI agents 👇

At the core? The Zero-Employee Enterprise (ZEE).

This is a new paradigm where decentralized AI agents, powered by Chain-of-Thought (CoT) reasoning, autonomously handle DeFi, DAOs, cross-chain ops & enterprise workflows. They collaborate, adapt, and execute with precision.

Built to scale innovation without inefficiencies.

Key Use Cases and Real World Impact:

✅ DeFi Position Management: Autonomously optimize liquidity, rebalance portfolios, and execute DeFAI strategies.

✅ DAO Automation – Execute proposals, manage treasuries, and coordinate incentives.

✅ Cross-Chain Ops – Seamlessly bridge, swap, and stake with built-in interoperability.

✅ Enterprise Workflows – Automate multi-step transactions with simple human inputs.

The onchain AI revolution has begun. Build, automate, and scale with AI Agent SDK v0.2.0.

📖 Blog: https://www.covalenthq.com/blog/introducing-the-zero-employee-enterprise/

🔗 GitHub: https://github.com/covalenthq/ai-agent-sdk/

HAPPENING TOMORROW 🚨

We’re excited to chat with Chi Zhang from Kite AI about the transformative role of data in AI and much, much more!

Set your reminders 👉 https://x.com/i/spaces/1yNxaggBeanGj

AI FRONTIERS EP.2: COVALENT X KITE AI 🎙️

We've got another exciting AMA for you this week! Join us as we chat with Chi Zhang, Co-founder & CEO of Kite AI, about the project’s vision, the future of AI, and more.

📅 Jan 24 8:30AM PST | 4:30PM UTC

Don't miss it! Set your reminders👇
https://x.com/i/spaces/1yNxaggBeanGj

It’s Official: $CXT is Now Live on Bitstamp 💥

We’re thrilled to share that CXT is now trading on one of Europe’s most trusted platforms.

With a direct Euro-to-CXT trading pair, accessing the Covalent ecosystem has never been easier. Let’s gooo! 🫡

Start trading now: https://www.bitstamp.net/markets/cxt/usd/

🚨 TOMORROW: COVALENT X NILLION 🚨

Join us for an exclusive AMA as we kick off our new AI Frontiers series with Nillion!

📆 Jan 17, 8:30AM PST / 4:30 PM UTC

Don't miss it! Set your reminder NOW 👉https://x.com/i/spaces/1nAJEpaRokbGL

🌟 NEW Governance Proposal: Increasing Max Multiplier to Solve Fragmented Delegation 🌟

The Covalent Network is proposing a 45X max multiplier to resolve fragmented delegation and create room for ~30M more CXT delegations. Here's why this matters and how you can vote 👇

🏛️ Governance Proposal:

The Covalent Network has seen rapid growth in staking demand, but fragmented delegation is causing inefficiencies. Increasing the max multiplier to 45X will ensure smoother staking, enable broader participation, and bring total delegation capacity to ~322M CXT.

🔧 Current Challenges:

Fragmented delegation occurs when delegation rooms for some validators saturate, leaving CXT holders unable to stake effectively. This limits participation and weakens the network's security and growth potential.

Proposed Solution:
• Increase max multiplier to 45X.
• Expand delegation room by 30M CXT.
• Enhance staking distribution and efficiency.

🤳 The Bigger Picture:

This proposal strengthens the Ethereum Wayback Machine by:

🔹 Achieving emissions equilibrium.
🔹 Driving adoption of the GoldRush API & AI Agents SDK to consume on-chain data.
🔹 More credit consumption = more CXT buybacks = sustainable emissions.

Explore live metrics on our staking dashboard: https://www.covalenthq.com/staking/#/

🗳️ How to Vote:

1. Navigate to our Snapshot page: https://snapshot.org/#/s:covalenthq.eth/proposal/0x603a22fe7a092cbf397db688cb84a12ed7d7efb5e95fb952f48509a0d2fabd17/
2. Connect your Ethereum wallet.
3. Cast your vote by signing a meta-transaction.

Quorum: 10M CXT voting weight.
Duration: Voting open for 3 days.

Eligibility: All CXT holders who are staking or delegating are eligible, including CXT holders on Base.

🗳️ Cast your vote: https://snapshot.org/#/s:covalenthq.eth/proposal/0x603a22fe7a092cbf397db688cb84a12ed7d7efb5e95fb952f48509a0d2fabd17/

📜 Dive deeper: https://www.covalenthq.com/blog/governance-proposal-increasing-the-max-multiplier-to-45x/

🎙️ NEW X SPACES ALERT: AI FRONTIERS

EXCITING NEWS! Join us for an exclusive session with our frens at Nillion. Bring your questions and buckle up for an insightful discussion between Ganesh and Nillion's Co-Founder, Tristan 🌟

📆 Mark your calendars - Jan 17, 8:30AM PST / 4:30 PM UTC

Set your reminder now 🔔⤵️
https://x.com/i/spaces/1nAJEpaRokbGL

BIG NEWS: NEW Partnership with Google Cloud 🔈

Covalent is excited to announce that GoldRush's blockchain data APIs now live on Google Cloud Marketplace. The future of AI agent-powered innovation is officially here 🛬

What does this mean?
→ Access to structured, multichain data from 100+ blockchains
→ Seamless AI integration with Google’s AI tools like Vertex AI platform
→ Train and deploy fine-tuned AI models for applications

The tools are here. The possibilities are endless.

Learn more in our latest blog 👉 https://www.covalenthq.com/blog/goldrush-blockchain-data-apis-now-available-on-google-cloud-marketplace/

Get started today: https://console.cloud.google.com/marketplace/product/covalent-public/goldrush-blockchain-data-apis?pli=1

Special Edition: GoldRush X Secret Community Call 🔔

New year new alpha leak! We are excited to announce that we will be having a Special Edition Community Call specifically on GoldRush on Jan 14, 2025 at 4pm UTC // 8am PST.

It's been a long time since we hosted a community call on Discord, and we’ll love to invite you all to hangout with us as we talk about some special updates , which will soon be revealed.

Join us on Discord if you haven't already 👉 https://discord.com/invite/covalentHQ

Mark your calendars and we will see you all there! 📆

🚨 CXT has officially landed on Base and Aerodrome ✈️

The $CXT/ $WETH pool is up and running with $300k TVL, with an initial boost of over 100% APR in $AERO incentives.

This marks one step closer to advancing decentralized data accessibility through AI Agents.

Why did we choose Base? It's more than just a Layer 2 👀

By bridging to Base, we’re unlocking lower fees and seamless DeFi access, all while setting the stage for AI agents to drive decentralized data accessibility within our ecosystem.

Here is what this means for 🫵 you:

1️⃣ Earn an initial boost of over 100% APR for liquidity rewards
2️⃣ Swap and Trade CXT and WETH directly on Base

Covalent is paving the way for the future, blending decentralized data with innovation and power in the next wave of exciting DeFi and AI agents.

We're now fully based 😎

🌟 Another week, another wave of progress at Covalent!

As 2024 wraps up, we’re driving momentum with the AI Agent SDK launch, a new integration, and exciting progress across the board. Here’s what’s happening this week 👇

1️⃣ Introducing the AI Agent SDK

The future of AI and blockchain is here! This week, we unveiled the AI Agent SDK, a toolkit designed to seamlessly integrate onchain and offchain data for creating intelligent, autonomous agents 🚀

Details: https://x.com/gane5h/status/1869168795459469617

2️⃣ Covalent x Ink: Redefining DeFi

Covalent is now live on Ink mainnet, delivering instant, scalable cross-chain data access for developers. This marks a big step forward for decentralized innovation and DeFi builders everywhere 🤝

https://x.com/Covalent_HQ/status/1869804905629954527

3️⃣ AI Agent Inference API

Big things are brewing—our AI Agent Inference API is coming soon. This API will enable developers to leverage AI models for interpreting blockchain data, identifying patterns, and generating actionable insights in real-time.

Stay tuned for the official release 👀

4️⃣ Base Deployment Update

We’re in the final stages of the Base deployment, awaiting the approval process. With CXT on Aerodrome, new opportunities for liquidity, accessibility, and multichain interoperability in DeFi and AI are just around the corner!

----

🎯 Looking Ahead

As near the end of the year, the focus is clear: redefining the future of AI and blockchain with groundbreaking tools that accelerate innovation and unlock new possibilities.

Stay tuned—there’s a lot much more to come!

Covalent 🤝 Ink

The future of DeFi starts here: Covalent is now live on Ink mainnet. Built on the Superchain Ecosystem, it provides seamless access to multichain data to unlock new possibilities for decentralized innovation.

Unleashed by Kraken, North America’s top-ranked crypto exchange and the trusted platform for buying CXT, Ink combines Ethereum security with scalable, low-cost transactions to drive decentralization 👥.

What this means:

→ Instantly access rich, detailed data from 100+ networks.
→ Build DeFi applications with precision using customizable data queries.
→ Streamline development with real-time, reliable blockchain insights.

Ready to innovate? Start building at https://goldrush.dev ⚡️

Introducing the Covalent AI Agent SDK 🤖👀

Today, we're thrilled to give you an exclusive first look at something that's set to redefine how you build, deploy, and interact with AI agents.

Check out Ganesh's tweet thread to get all the juicy details: https://x.com/gane5h/status/1869168795459469617

Read more about it on our blog: https://www.covalenthq.com/blog/introducing-ai-agent-sdk/

December is not for slowing down 💨

We've got another wave of exciting updates at Covalent! Here’s what’s driving the momentum this week 👇

1️⃣ OKX Staking Success

The recent staking campaign on OKX was a massive hit, with staking demand exceeding expectations. With ~12.5 million tokens staked so far, we're extremely thrilled with the community's enthusiasm 🚀

https://x.com/okx/status/1863644580337361044

2️⃣ zkSync Airdrop Sparks Excitement

The zkSync airdrop went live, rewarding eligible $CXT stakers and driving major buzz across the ecosystem. This is just the beginning of what’s to come! 👀

https://x.com/Covalent_HQ/status/1865684547809276090

3️⃣ AI Agents SDK Almost Here

The much-anticipated AI Agents SDK is in the final stages, with developer onboarding preparations kicking off soon. The team is shipping full steam ahead through the holiday season to bring this to life. Stay ready! 🤖

4️⃣ Blockchain and AI with Morningstar Ventures

Ganesh joined a Twitter Spaces to dive into the intersection of AI and blockchain innovation. If you missed the conversation, you can catch all of the insights in the replay below 👇

https://x.com/Morningstar_VC/status/1866122078820467197

5️⃣ Base & Aerodrome Deployment Next Week

CXT deployment to Base is set to wrap up next week, with a CXT/WETH liquidity pool launching on Aerodrome Finance. This is a major step in expanding access to the thriving ecosystem of AI, AI Agents, and decentralized apps on Base.

---

Stay Tuned: As the holidays approach, we’ve got even more exciting announcements and festive activities in store. With a strong focus on AI and nonstop momentum, the job is not close to being finished 🚢

Happy FriYAY everyone!

🚢 The $CXT ship is sailing full speed ahead, and we’ve got a lot to unpack. Without further ado, here’s what’s been going on this week 👇

1️⃣ Covalent x AI Agents 🤝

Ganesh shared some big hints about Covalent’s work with AI agents, sparking major interest 👀. Engagement on the tweet has been off the charts. Check it out for yourself ⤵️
https://x.com/gane5h/status/1862746932428644693

2️⃣ OKX Staking Growth

CXT staking on OKX is seeing explosive growth! In just one day, staked tokens jumped from 4M to nearly 8M, and the momentum isn’t slowing. This highlights the immense demand for participation in supporting the Covalent Network infrastructure 👇
https://x.com/okx/status/1863644580337361044

3️⃣ Christmas Came Early: ZkSync Airdrop 🎁

We’re excited to reveal an ecosystem airdrop with ZkSync! For those who have staked $CXT, you will see your reward in your wallet very soon. And who knows… there might be more surprises in store 👀

4️⃣ Bleap App: Powered by Covalent

Bleap App is revolutionizing on-chain banking using Covalent APIs. With our data powering their platform, users can spend stablecoins across chains, earn cashback, and enjoy fee-free on/off ramps—all in one app.
Learn more ⤵️
https://x.com/covalent_hq/status/1863712384013283400?s=46&t=ayZgXd0ALfTbQNC6OohpbQ

5️⃣ Prepping for CXT Liquidity to Hit Base

Liquidity for CXT is set to launch on Base (Aerodrome) in the upcoming week. Read all about the deployment strategy and what it means for our growth ⤵️
https://www.covalenthq.com/blog/governance-proposal-giga-level-gas-limits-are-coming-reaching-market-equilibrium/

6️⃣ BULLcember Community Call 🚀

Ganesh shared all of this week's updates in our latest community call. From OKX staking, to AI, and what's next for Covalent. Missed it? Don't worry, listen to it here: 🎧 https://x.com/i/spaces/1mnxeAvwOyNxX

🌟 Introducing: Covalent 2024 Wrapped 🌟

AI has been everywhere this year, capturing 20% of CT's mindshare.

To celebrate the end of 2024, we’ve compiled the key moments and innovations that shaped the AI narratives this year in our latest thread. Dive in and relive the highlights ⬇️

https://x.com/Covalent_HQ/status/1864755127384682659

Reminder! Our BULLcember Community Call is happening Dec 5 @ 4PM UTC 🚀

Join us for all the alpha + a secret surprise reveal you won’t want to miss.

Set your reminders ⏰ https://x.com/i/spaces/1mnxeAvwOyNxX/peek

Staked your CXT? We’re putting you on the nice list 🎅🎁

What could it be?

Happy BULLcember! Join Ganesh for an end-of-year Community Call as we ship hard into 2025 💪. Things to discuss:

→ OKX staking
→ Deployment on Base
→ Exclusive alpha 👀

📆 Dec 5, 4PM UTC // 8AM PST

Don’t miss out—set your reminders now! ⏰ https://x.com/i/spaces/1mnxeAvwOyNxX

ICYMI: We’ve got something big for our community – a chance to grab a share of an exciting $CXT prize pool! 🪂

The process is simple. Stake your CXT now on OKX, earn rewards, and be a part of preserving Ethereum's history. 760K CXT is up for grabs, so don’t miss out!

🔗 Get started here: https://www.okx.com/help/launch-of-cxt-on-chain-earn-and-exclusive-airdrop-campaign?preview-help=true

If you're not paying attention to CXT yet, you're missing out.

This week’s updates are proof that the momentum is only building. Here's the breakdown 👇

1️⃣ Unstoppable Progress

We shared detailed look back at everything we've achieved over the last 4 months. Catch the full recap ⤵️
https://x.com/Covalent_HQ/status/1860460423604285602

2️⃣ Messari Q3 2024 Report

Messari’s latest report dives into Covalent’s massive progress last quarter. Check it out ⤵️
https://messari.io/report/state-of-covalent-q3-2024

3️⃣ CXT Staking Launches on OKX

CXT staking is now live on OKX, offering premium yields! It is now operating EWM infrastructure to preserve Ethereum’s historical data. Details ⤵️
https://www.covalenthq.com/blog/leading-crypto-exchange-okx-enhances-ethereum-infrastructure-through-cxt-staking/

4️⃣ EWM Light Client Update

It’s been a while since our last update, but not to worry! The waitlist to run testnet will open up again soon.

--

Big moves, real traction, and more on the way. BULLISH 🚀

🚨 BIG NEWS: CXT Staking is now LIVE on OKX!

OKX is now running EWM infrastructure as a Block Specimen Producer, stepping up to preserve Ethereum’s history and power its journey into the Gigagas era.

OKX now offers enhanced yields for CXT staking—getting started is simple:

1️⃣ Log in to your OKX account or create one
2️⃣ Go to the staking interface in the OKX app
3️⃣ Delegate your CXT tokens to start earning premium rewards

Preserve the Past. Decentralize the Future. Long Live Ethereum.

Join the exclusive airdrop campaign now ⤵️ https://www.okx.com/help/launch-of-cxt-on-chain-earn-and-exclusive-airdrop-campaign

📢 Covalent's Messari Q3 Report is Live 📢

Last quarter was full of big wins! From ecosystem growth, new operators, and the latest launch of the EWM Light Client Testnet, there's a lot to unpack. Get a detailed breakdown here: https://x.com/Covalent_HQ/status/1861454882227790008

Check out the full report 👉 https://messari.io/report/state-of-covalent-q3-2024

Eyes on 300M staked 🚀 coming Thursday…

Higher

Step 1 is DONE ✅

The governance proposal has passed! Staking emissions are now live at ~10% APY for BSPs, helping the Covalent Network hit market equilibrium as Ethereum moves toward giga-level gas limits ⛽️.

Up next, we’re bringing bCXT to Aerodrome. Coming soon 👀

Everything you need to know is in the latest blog: https://www.covalenthq.com/blog/

We are extremely excited to announce our support for World Chain, the latest addition to the
OP Stack ⚪️ x 🟢

Aligned with World Coin's mission to prioritize privacy, trust, and proof of identity, we’re proud to build with a blockchain ecosystem optimized for decentralized, human-centric apps 🫂

With Covalent's integration, developers can now access all World Chain data via GoldRush, enabling innovative applications with secure and seamless interactions.

The future is bright for every human. Let’s make it happen 🫡

🏛️ NEW Governance Proposal: Reaching Market Equilibrium, Deployment of bCXT Liquidity and EWM Light Client on Base 🏛️

As Ethereum gears up for giga-level gas limits, Covalent proposes key network updates to support this next phase of growth.

✍️ Proposal Highlights

1️⃣ Market Equilibrium: Setting delegator APY to ~10% to stabilize emissions.
2️⃣ bCXT Liquidity on Aerodrome: Launching a bCXT/ETH liquidity pool ahead of EWM Light Client deployment.
3️⃣ EWM Light Clients on Base: expanding decentralized data verification accessibility for everyday users.

🗳️ Steps to Vote

1. Visit Snapshot here: https://snapshot.org/#/covalenthq.eth/proposal/0x8303380f14dfd62eb0bbfbc28a51898d9684f75d92116707fa6f6ca71bac538d
2. Connect your Ethereum wallet on mainnet.
3. Vote by signing a meta-transaction.
4. Voting weight depends on your CXT holdings.

Quorum: 10M CXT
Duration: 5 days

📜 Full proposal: https://www.covalenthq.com/blog/governance-proposal-giga-level-gas-limits-are-coming-reaching-market-equilibrium/

🚨 Major RUN EWM milestone update 🚨

We’ve hit 2,000+ active connections on the EWM Light Client Testnet—a 2,000%+ increase in just one month!

All this activity maxed out our coordinator (😅). But no worries—we've worked on fixes to keep things running smoothly as we grow.

FYI: Onboarding is temporarily paused as we manage the current network load.

In the meantime, we tested the mainnet flow, featuring CXT staking and NFTs that enable rewards for running the client 💪

Check out our updated dashboard ⤵️
https://covalenthq.com/products/light-client/

Pt 2.

Long Live Ethereum & Coffee

📅 Nov 13
🕑 2PM - 4PM GMT+7
📍 Voiij Coffee and Stuff, Bangkok

Join Leilani for a hands-on Light Client workshop. Learn all about running an EWM Light Client to help preserve Ethereum’s history 👉 https://lu.ma/yf6zltfq

RUN EWM & Coffee Meetup

📅 Nov 14
🕑 2PM - 4PM GMT+7
📍 Miche Bangkok

Another chance to engage with Leilani and our team for a Light Client workshop. Dive deeper into the significance of decentralized validation and join the convo over coffee ☕👉 https://lu.ma/g3ge1s3x

Pt 1.

Covalent is heading to Devcon 🇹🇭✈️! We'll be leading discussions on AI and DePIN, hosting EWM Light Client workshops, and more! Here's a sneak peek at where you can catch us 👇

Investing in AI | Supermoon, Peanut Trade, Bitte, Techstars

📅 Nov 12
🕙 10AM - 5PM GMT+7
📍 The Great Room Park Silom, Bangkok

Get ready for Jayen to lead a dynamic discussion on AI, exploring how to build for a future that’s both secure and decentralized: https://lu.ma/mdjyr9wx?tk=1fW9SD

Multichain Day | Devcon 2024

📅 Nov 12
🕙 10AM - 6PM GMT+7
📍 The Athenee Hotel, Bangkok

Jayen will be moderating the AIxDePIN panel with experts exploring cross-chain innovation. A full day of discussions, networking, and fun 💃: https://lu.ma/multichaindaydevcon

Thailand Web3 Conference (THW3)

📅 Nov 13-14
🕙 10AM - 6PM GMT+7
📍 Samyan Mitrtown Hall, Bangkok

Want to know what it takes to develop a DePIN project that secures Ethereum’s historical data for the future? Join Ganesh for a deep dive into the EWM! https://lu.ma/thw3

Another week, another RUN EWM update 🏃💨

The EWM Light Client Testnet is gaining momentum! Here’s the updates:

✅ 500+ light clients onboarded
✅ 3.5M+ samples verified via DAS
✅ 1,500 new email invitations sent
✅ 3 version updates boosting performance and fixing bugs

ICYMI: Our leaderboard now tracks the total clients, active clients, and all-time stats. Plus, search is case-insensitive so you can easily find your address! Check it out 👉 https://covalenthq.com/products/light-client/

Lastly, security audits with Sherlock and Hacken are underway, and the mainnet NFT flow has passed internal testing!

🌟 The EWM Light Client Leaderboard just got an upgrade 🌟

You can now view total Light Clients, see how many are live, and an all-time leaderboard. Plus, search is now case-insensitive, making it even easier to find your address!

Check it out for yourself ➡️ https://covalenthq.com/products/light-client/

Heads up! Tomorrow is the day—join us for our first EWM Light Client Community Call 🎙

Get the latest insights and answers to your burning questions. Can’t wait to see you there🫡 https://x.com/i/spaces/1kvKpbQrYlbJE

Covalent 🤝 Unichain

We’re excited to announce our full integration with Unichain, the latest L2 OP Stack by Uniswap Labs designed to supercharge DeFi apps. Unichain is built to handle high-speed, low-cost transactions and serve as a liquidity hub across chains in web3 🦄.

With Covalent’s integration, Unichain developers can now access comprehensive data via Goldrush to:

• Analyze onchain activity and liquidity in real time
• Build powerful, data-driven dapps from day one
• Simplify how you query and utilize data

The future of DeFi is here. Let’s build 💪

What time is it? Community Call time!

This week, we’re diving deep into the EWM Light Client—get the latest updates, hear what’s next, and ask us anything.

📅 October 30th at 3:00PM UTC // 8:00AM PST

Set your reminders ⤵️
https://x.com/i/spaces/1kvKpbQrYlbJE

It’s FRIDAY! Which means it’s time for our weekly RUN EWM update:

👥 400+ participants onboarded
🔍 DAS in production with 2.9M+ samples verified
🔧 2 version updates this week improving performance and fixing bugs
📋 7,000+ people on the waitlist

Here’s what’s happening behind the scenes 👇

Our EWM Light Client Leaderboard is now LIVE! 🏆

Check it out on the landing page below. Soon, you’ll be able to view more Light Client addresses and even set your own vanity names ⤵️
https://covalenthq.com/products/light-client/

Important note: We noticed workload imbalances, so we’ve fine-tuned the algorithm to ensure fair task distribution. Onboarding is paused this week to improve efficiency, but we’ll resume sending invitations next week ⚙️

🏆Introducing the RUN EWM: Light Client Testnet Challenge🏆

A big thank you to our amazing community for your continued support! 🙌 Over the next 2 weeks, help spread the word about RUN EWM and get creative for a chance to win a total of 15,000 CXT 💸

Don’t miss out! Join the fun now ⏰⤵️
https://app.galxe.com/quest/Covalent/GC7xttVLQx

📢 THE RUN EWM UPDATE IS HERE 📢

Want the latest on the EWM Light Client Testnet?

With a growing list of participants and key technical upgrades, we’re one step closer to realizing Ethereum’s original vision of becoming a secure, scalable, and decentralized World Computer 💻.

We’re excited to bring you all the latest updates. Get the details ⤵️
https://www.covalenthq.com/blog/ewm-light-client-testnet-update-progress-and-what-s-next/

🚨 BIG NEWS: ApeChain mainnet is now officially supported by Covalent 🦍🚀

ApeChain, built on Arbitrum, is the dedicated infrastructure layer powering the ApeCoin ecosystem. With $APE as its native gas token, ApeChain fuels a creator-focused, NFT-powered economy, driven by a passionate community.

With Covalent’s integration, developers can now access all ApeChain data including NFTs, via GoldRush unlocking endless innovation in the growing ecosystem.

Get ready to build bigger, better, and faster 🛠️

TGIF everyone 😎 Curious on the progress of the EWM Light Client testnet since its launch 🚀? Here is your weekly update:

✅ 2 version updates with multiple bugs squashed
✅ 300+ participants are now live
✅ DAS in production with 2M+ total samples verified
✅ 5,000+ on the waitlist

More to come—stay tuned!

🔥 CXT is live on BitMart! 🔥

Building a future where Ethereum's legacy thrives.

Long live Ethereum, long live decentralization. 🚀

The EWM Light Client Testnet is LIVE! 💡

The first wave of participants will be contacted next week—if you’re on the waitlist, make sure to check your inbox. Only those who get an email will be verified for the testnet phase.

Didn’t hear from us yet? More invites will be sent in the coming weeks, so keep an eye out 👀

The mission starts NOW… RUN EWM to protect Ethereum's history!

We’re gearing up for the EWM Light Client Testnet, and we’ve got 5000 CXT up for grabs 👉 https://app.galxe.com/quest/Covalent/GCTJ4tKhmd

Jump into the Galxe quest, learn about the mission, and spread the word for your chance to win 💰

Introducing… RUN EWM: The EWM Light Client Testnet 💡

Ethereum was never just a network—it was built to be the World Computer, where anyone could build, share, and verify without limits. But as Ethereum evolves, something vital is at risk: its history.

This is where the EWM Light Client comes in. Covalent is preparing to launch on testnet, and you can be part of it. By running a Light Client, you’ll play a pivotal role in verifying Ethereum’s historical data remains secure, verifiable, and trustless.

The best part?

Anyone can run a Light Client. No complex setups. No major technical barriers. Just you and the commitment to ensuring Ethereum maintains its trustless nature ⏳

Plus, participating in the testnet phase is a way to reserve your spot on mainnet, where APY is estimated at 20-25%.

Help safeguard Ethereum’s past and keep decentralization alive. Join the RUN EWM waitlist today: https://forms.gle/ja9Lz6pAyAjmPqPC9

Dive into the details 👇
https://www.covalenthq.com/products/light-client/

Launching something light... 😉

🚨 AMA Alert: The Need for Data Verifiability 🚨

What does it mean to have truly verifiable and historical data on the blockchain? We’re breaking it all down with some very special guests 👤

🗓️ When: Sept 5th 6PM PST // Sept 6th 1AM UTC

Don’t miss out—RSVP now ⤵️
https://x.com/i/spaces/1yoKMyOPBnnKQ

To celebrate our upcoming integration with the Cronos zkEVM ecosystem, we’ve just launched a Galxe campaign, and there’s 5,000 CXT up for grabs 💚

Here’s how you can join the fun:

1️⃣ Follow us
2️⃣ Like our tweet
3️⃣ Reshare the news

The clock is ticking, so don’t wait—available for 8 days only ⏰👇
https://app.galxe.com/quest/Covalent/GCkPstvYgK

Excited to announce that we are soon integrated with the Cronos zkEVM ecosystem 🤝

Built with the ZKsync stack, Cronos zkEVM is leading the way in Ethereum scalability with:

🟢 Gasless transactions through built-in account abstraction
🟢 An innovative Triple Yield system: built-in yield, DeFi rewards, and loyalty points
🟢 zkCRO, a yield-generating gas token, setting it apart from other ZK rollups

Zero-knowledge proof chains need robust data availability, and Covalent is powering the Cronos zkEVM with Long-Term Data Availability 🛠️

With the Ethereum Wayback Machine and the GoldRush stack (API, SDKs, UI kit), developers can easily access and analyze Cronos' onchain data, fueling innovation across the ecosystem 💪

It’s official, the Covalent Network’s governance post to increase the staking Max Multiplier and onboard new operators has passed! ✅

With more delegation space and new operators joining the mission, we're set to reach our 35% staking target to strengthen our network 💪

Get all the details in our latest blog post: https://www.covalenthq.com/blog/governance-proposal-increasing-the-max-multiplier-and-confirming-the-onboarding-o/

Check out our staking dashboard ➡️ https://www.covalenthq.com/staking

Covalent Official Announcements pinned «🔔 Covalent Update: CXT Token Migration Complete We've successfully completed the CXT token migration! All token holders on exchanges, custodians and self-hosted wallets now have custody of their CXT. Snapshot details: • Snapshot Date: July 10, 2024 10:24…»

🔔 Covalent Update: CXT Token Migration Complete

We've successfully completed the CXT token migration! All token holders on exchanges, custodians and self-hosted wallets now have custody of their CXT.

Snapshot details:
• Snapshot Date: July 10, 2024 10:24 PM UTC
• Snapshot Block: https://etherscan.io/block/20279064 

🔄 Migration to CXT: The entire supply of CXT is now in the hands of their rightful owners. Exchanges have completed or are finalizing the 1:1 airdrop to users.

🔐 Security Assured: This migration reinforces our network's security, protecting the interests of all rightful token holders.

🌟 New Chapter Ahead: We're entering an exciting new phase with Covalent and the Ethereum Wayback Machine, dedicated to delivering innovation and growth.

We recognize the challenges faced during this transition and deeply appreciate your patience and support. Stay tuned for further updates as we continue to build a better future together.

Thank you for being part of the Covalent community. Your support is invaluable to us 💚Details in our latest blog post ⤵️
https://www.covalenthq.com/blog/covalent-announces-completion-of-token-migration-to-cxt/

We're launching our new governance proposal with $1,500 worth of CXT up for grabs!

How to enter:
🐦 Hit that follow button
💚 Like and reshare the news
🗳️ Vote in our governance proposal

Don’t miss out – Campaign is running for only 2 days ⬇️
https://app.galxe.com/quest/Covalent/GCNQvtvbqH

Covalent Official Announcements pinned «🌟 Governance Proposal: Increase Max Multiplier + Onboarding More Operators 🌟 We're excited to propose a significant increase in the max delegation room for CXT holders by boosting the staking max multiplier and onboarding additional BSP operators. Here's…»

🌟 Governance Proposal: Increase Max Multiplier + Onboarding More Operators 🌟

We're excited to propose a significant increase in the max delegation room for CXT holders by boosting the staking max multiplier and onboarding additional BSP operators. Here's why this matters and how you can have your say 👇

🏛️ Governance Proposal:
The Covalent Network is running out of delegation room for CXT holders. To ensure everyone can stake and earn emissions yield, we need to expand to reach 35% (~297M CXT) of the circulating supply.

The goal is to strengthen network security, incentivize more participation, and boost overall ecosystem growth 🌱

🔧 Current Situation:
With the Covalent Network nearing 100% delegation capacity, we’ve onboarded 5 new BSPs to open up more room, but demand continues to outpace supply.

• Previous Max Multiplier: 27x
• Current Max Multplier: 34x
• New Proposal: 40x

🗳️ Steps to Vote:
1. Navigate to the Snapshot page: https://snapshot.org/#/covalenthq.eth/proposal/0xb5f8c3422b40a336d0f904d341d9978ef0387d903a167c5fc5fb656ce5d6cdf7
2. Connect your Ethereum wallet on the mainnet.
3. Follow instructions and vote by signing a meta-transaction.
4. Voting weight is proportional to the amount of tokens held.

Quorum: 10M CXT
Duration: 2 days

Join us in ensuring security and stability of Covalent’s Ethereum Wayback Machine, addressing Long-Term Data Availability with modular data infrastructure ✨

📜 Read the full post for details: https://www.covalenthq.com/blog/governance-proposal-increasing-the-max-multiplier-and-confirming-the-onboarding-o/

For all CXT token holders and stakers, vote here 👉https://snapshot.org/#/covalenthq.eth/proposal/0xb5f8c3422b40a336d0f904d341d9978ef0387d903a167c5fc5fb656ce5d6cdf7

The secret is out: our first Ecosystem Airdrop is here 🤫🪂

First up on the list: TAIKO

Here’s the info:
📅 Date: Aug 1st
💰 Amount: $100K in TAIKO tokens
🔒 Eligibility: CXT stakers

And the best part? No action needed – tokens will magically appear in your wallet! 🪄

Curious if you’re eligible? Check here: https://www.covalenthq.com/airdrops

Learn more about our Ecosystem Partnership Airdrops here ⬇️
https://news.bitcoin.com/covalents-partner-ecosystem-airdrop-program-kicks-off-august-1st-with-100000-worth-of-taiko-tokens-distributed-to-cxt-stakers/

We've got another Community Call incoming!

Tune in to hear all the exciting updates we have going on this week.

Also, Ganesh will be sharing some super exciting news at the end of the call. It's one you don't want to miss 👀

🗓️ See you all there tomorrow at 2pm UTC // 7am PT!

Join us here: https://x.com/Covalent_HQ/status/1817938148112109786

Join our Community Call with Ganesh happening on July 24th 14:00 UTC \\ 07:00 PDT!

Things we will cover:

→ CXT launch update
→ New operators onboarding
→ CXT stakers alphas—hint: incoming 🪂

Don't miss out! Set your reminder now 👉 https://x.com/i/spaces/1vAxROZPREZKl

Security and decentralization is the Covalent Network's #1 priority—we're excited to welcome 5 new Block Specimen Producer Operators!

Say hello to Graphyte Labs, Sensei Node, StakeCraft, PierTwo, and Matrixed Link 🚀

With these new operators onboard—we’re ready to increase delegation capacity, a critical step in supporting the EWM and Long-Term Data Availability ✅

Our goal: 35% of the CXT circulating supply staked to secure and decentralize the Covalent Network 🔐

Don’t miss the full story! Get all the details in our latest blog post ⤵️
https://www.covalenthq.com/blog/onboarding-new-operators-increasing-cxt-delegation-room-and-decentralization/