Name : Covalent (CQT)
Consensus Mechanism : Proof of Stake
Volume: 4,775
Shariah Judgement
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Shariah Status :
Last Screening: Q2 2024
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Overview
Covalent (CQT) is a decentralized platform that makes it easy to access and analyze blockchain data from over 200 networks. Using the Covalent Query Token (CQT), users can vote on network changes, stake tokens to help secure the network, and pay for data queries. Projects like GoldRush, Unified API, and Increment offer tools and visualizations to simplify blockchain data usage. CQT holders earn rewards for staking and can participate in network governance, making Covalent a user-friendly and community-driven solution for blockchain data needs.
Whitepaper & Documents
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