ONDO token empowers governance in Ondo DAO, driving democratized finance through decentralized protocols and tokenized assets. MANTA token fuels Manta Network’s privacy-first Web3 solutions, enhancing scalability with zero-knowledge technology and modular design. CQT token simplifies blockchain

BitMEX co-founder Arthur Hayes has joined the startup company Covalent as a strategic advisor to help it become a leading data infrastructure company within the Ethereum ecosystem. Hayes stated that he will assist in refining its token economic model and market positioning, and will focus on driving the development of its Ethereum Wayback Machine in industries such as artificial intelligence, mirror trading, NFT forensics, and secure applications. Covalent co-founder Swami stated that Covalent's vision is to become an extension of decentralized data infrastructure, supporting AI developers' access to on-chain historical records.

! [Covalent (CQT) Announces $5 Million Grant Program to Advance Web3 Frontier Technologies] (https://piccdn.0daily.com/202401/22064524/psxs10mvqa9x94js.png!webp) Covalent (CQT), a leading brand in the Blockchain and crypto industry, has announced a groundbreaking initiative, the Covalent Grants Program, which aims to provide up to 25, 000 individual rewards to long-term developers and startups in the Web3 space

! [Covalent (CQT) empowers AI with structured Blockchain data to accelerate Web3+AI innovation] (https://piccdn.0daily.com/202401/16081719/nzn2mdhqd3mte0py.png!webp) The Covalent (CQT) Network cryptographically obtains a structured dataset of more than 215 blockchains that semantically decodes and classifies more than 100 billion transactions of varying complexity, starting with their genesis block. These include information collation and structuring for each Address, scaling FT and Non-fungible Tokens, DEX interaction, balance information presentation, and more, providing a solid foundation for AI models to use, train, and create products. ChatGPT

! [Covalent (CQT): Over 1000 apps used, what is the magic of a unified API?] (https://piccdn.0daily.com/202401/05103042/iak4bn2cu25ivmez.png!webp) Covalent (CQT) is a leading Web3 data indexing provider. Today, developers and analysts can seek billions of data points on more than 210 blockchains. Covalent (CQT) is trusted by a large number of developers and is making an impact on more than 1,000 apps. The growth of Covalent (CQT) reflects its solid foundation – the Covalent (CQT) database. Cornerstone: Covalent

Staking is an integral part of the Covalent Network. Covalent has evolved into Web3's most comprehensive query and indexing protocol, thanks to which staking has been instrumental. Covalent Network is committed to empowering node operators and CQT holders to secure and enhance the Web3 experience. Why staking is important Staking is an important part of the Covalent network. This mechanism was established to adjust the incentives and maintain the quality of operations within the network. Only if the minimum CQT amount of staking is met (currently, 175, 000 per block sample producer is required