💥 Gate Square Event: #PostToWinTRUST 💥
Post original content on Gate Square related to TRUST or the CandyDrop campaign for a chance to share 13,333 TRUST in rewards!
📅 Event Period: Nov 6, 2025 – Nov 16, 2025, 16:00 (UTC)
📌 Related Campaign:
CandyDrop 👉 https://www.gate.com/announcements/article/47990
📌 How to Participate:
1️⃣ Post original content related to TRUST or the CandyDrop event.
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinTRUST
4️⃣ Include a screenshot showing your CandyDrop participation.
🏆 Rewards (Total: 13,333 TRUST)
🥇 1st Prize (1 winner): 3,833
Covalent launches the Strategic Reserve Fund to strengthen the long term stability of the ecosystem.
Covalent has launched the Covalent Strategic Reserve Fund (CSR) – a fund locked for many years to strengthen the long term sustainability of the Covalent ecosystem. CSR is funded from onchain and offchain revenue, including periodic CXT token acquisition programs.
The main objective of the fund is to accumulate about 10% of the total CXT supply, serving as a strategic buffer for future initiatives and ensuring the stability of the ecosystem. All expenditures from this fund must be voted on through community governance, ensuring transparency and decentralization. In 2025, Covalent acquired over 17 million CXT with offchain revenue, along with 9.05 million CXT permanently removed through daily automatic buybacks onchain.