Covalent will launch an ecosystem airdrop on August 1 to distribute $100,000 worth of TAIKO tokens to CXT pledgers

On August 1, according to official news, AI's modular data infrastructure Covalent announced TAIKO as the first cooperative project of its ecological airdrop program. The airdrop will take place on Thursday, August 1, 2024, distributing a total of $100,000 worth of TAIKO tokens to CXT stowers, which will be automatically airdropped to eligible staking wallet addresses.
It is reported that the eco-airdrop program is designed to reward loyal CXT token holders, enabling them to access various incentives from the Covalent ecosystem partner network. As an infrastructure that integrates over 230 blockchains, Covalent plans to continue to provide more opportunities and rewards to its community. By working with long-term partners such as TAIKO, Covalent aims to enhance market dynamics and deepen community engagement. The program is primarily aimed at long-term proponents who have undergone multiple technological changes, such as staking migration from Moonbeam to Ethereum and token migration from CQT to CXT.