Foresight News: Blockchain data infrastructure company Covalent plans to establish a CXT strategic reserve, using real revenue from enterprises, developers, and vibecoders (utilizing the GoldRush API or SpeedRun Prompt-To-Earn platform), as well as on-chain integration revenue and ecosystem grants, to purchase CXT. The existing regular buyback plan will remain unchanged.
Covalent plans to reserve 10% of the total CXT supply, which will be locked for several years. Any use of the reserved funds will require governance voting.