If you ask me how a protocol with a token should run, I’d point to Covalent
It starts with a real product that people actually use. In Q2 alone, there were 471 million API calls across more than 100 blockchains. Over 95 percent of that usage was paid
That revenue routed directly onchain to buy back $CXT
As @Covalent_HQ usage grows, so does the pressure on supply
This is what it looks like when a protocol turns usage into economics and economics into ownership
The pieces are already working, and the next step is simple. Keep growing, keep streaming, and let the numbers do the talking
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