💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
Covalent launches the Strategic Reserve Fund to strengthen the long term stability of the ecosystem.
Covalent has launched the Covalent Strategic Reserve Fund (CSR) – a fund locked for many years to strengthen the long term sustainability of the Covalent ecosystem. CSR is funded from onchain and offchain revenue, including periodic CXT token acquisition programs.
The main objective of the fund is to accumulate about 10% of the total CXT supply, serving as a strategic buffer for future initiatives and ensuring the stability of the ecosystem. All expenditures from this fund must be voted on through community governance, ensuring transparency and decentralization. In 2025, Covalent acquired over 17 million CXT with offchain revenue, along with 9.05 million CXT permanently removed through daily automatic buybacks onchain.