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CQT token migration
Today marks a monumental day in Covalent’s history—Day Zero of the New Dawn. Following a successful governance vote, we are thrilled to announce the launch of CXT as the new network token for the Covalent Network.
Existing CQT holders can access their new CXT tokens through various channels:
- Exchanges: Major exchanges such as OKX, Gate, Kucoin, Crypto.com, and others will automatically migrate CQT to CXT. There is no action required on your part if your tokens are held on these platforms.
- Staked CQT: If you have staked CQT, your tokens will be automatically migrated to CXT. This ensures continuity and convenience for our staking community.
- Self-Hosted Wallets: For those holding CQT in self-hosted wallets, you will receive an airdrop of CXT tokens. This airdrop will reflect the 1:1 ratio, providing a straightforward way to access your new tokens.
According to the Covalent (CQT) project team, Covalent (CQT) tokens will be migrated to Covalent (CXT) at a ratio of 1:1.
CQT contract address:
- https://etherscan.io/token/0xd417144312dbf50465b1c641d016962017ef6240
CXT contract address:
- https://etherscan.io/token/0x7ABc8A5768E6bE61A6c693a6e4EAcb5B60602C4D
The official announcement from the project team:
- https://www.covalenthq.com/blog/day-zero-of-the-new-dawn-welcome-cxt/
