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Odaily Planet Daily News: Covalent Network announced plans to increase the maximum reward multiplier for CQT, allowing users to earn more profits.
According to reports, Covalent Network provides a blob storage solution on the Ethereum network through the Ethereum Wayback Machine, meeting the needs of AI, data analysis (DA), and modularization.
By proposing to adjust the maximum reward multiplier, Covalent aims to meet the growing delegation demand of CQT holders and enable them to receive additional rewards. As part of the recent "New Dawn" initiative, all CQT token holders can participate in proposal voting.