Introducing the Covalent Strategic Reserve: Building a Sustainable $CXT Economy
Covalent announced the launch of the Covalent Strategic Reserve—a long-term initiative designed to strengthen $CXT’s economic foundation by directing Covalent’s existing onchain and offchain revenue, as well as new periodic $CXT buys, into a locked token reserve where any outflows for future strategic initiatives require a governance vote. The Reserve is transforming real revenue from enterprise, developer, and vibecoders—using the GoldRush APIs or SpeedRun Prompt-To-Earn platforms—along with chain integration revenue, and ecosystem grants into structural,