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Covalent Query Token (CQT) is the native token of the Covalent Network. It's a governance token, whereby token holders vote on proposals to change the system parameters. Covalent provides a unified API bringing visibility to billions of blockchain data points.
Covalent Query Token (CQT) is the native token of the Covalent Network:
It is a governance token, whereby token holders vote on proposals to change the system parameters, a staking asset. Validators will earn fees for answering queries, and a network access token which fulfill data queries for users of the API.
Try our free Covalent (CQT) portfolio tracker if you want to efficiently keep track of your CQT and other coin/token investments.