CQT Covalent

Covalent leverages big-data technologies to create meaning from hundreds of billions of data points, delivering actionable insights to investors and allowing developers to allocate resources to higher-utility goals within their organization.

CQT is the native token of the Covalent Network. It has three primary purposes:

• CQT is a governance token, whereby token holders vote on proposals to change the system parameters.
• CQT is a staking asset. Validators will earn fees for answering queries.
• CQT is a network access token that fulfills data queries for users of the API.