The token model behind @Covalent_HQ goes far beyond surface-level tokenomics it’s a living, breathing system designed to make the entire data economy more sustainable and aligned with real usage. Here’s the deeper story: 95% of all API revenue generated by Covalent flows directly back into on-chain $CXT buybacks, turning every data request into a mechanism that strengthens token value and network health. Millions of tokens have already been removed from circulation, showing that this isn’t just a promise it’s an active feedback loop in motion. What makes this model powerful is its organic connection between utility and demand. Every API call, dashboard query, or AI data fetch fuels the ecosystem data consumption literally drives token economics. This means as adoption grows, so does the value captured by developers, contributors, and long-term holders. In a market where many projects chase hype over fundamentals, @Covalent_HQ stands out by tying token velocity directly to real product traction. It’s not speculation it’s a self-sustaining cycle where growth is anchored in measurable activity. 💡 When demand for clean, multi-chain data meets a token model built on sound mechanics, you get more than momentum you get a foundation built to last. @wallchain #Wallchain

Here’s the deeper story: 95% of all API revenue generated by Covalent flows directly back into on-chain $CXT buybacks, turning every data request into a mechanism that strengthens token value and network health. Millions of tokens have already been removed from circulation, showing that this isn’t just a promise it’s an active feedback loop in motion.