Covalent Official Announcements


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Official Announcement Channel for https://www.covalenthq.com/

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The New Dawn is upon us 🌅.

Progress:
▓▓▓▓▓▓░░░░░░░░░░░░░░ 30%

Stay tuned for more updates.


Our new campaign exploring Covalent’s Ethereum Wayback Machine is now live on Galxe!

Discover Ethereum's "Rollup Era," unlock insights into the EWM, and put your knowledge to the test 🧠

Take our quiz and complete the tasks for a chance to win $1000 USDC! One lucky winner will be drawn at random.

Ready to join the journey into long-term data availability?

Participate in the campaign ⬇️
https://galxe.com/Covalent/campaign/GCZzrtTX4e

Learn more about the EWM in our latest article: https://hackernoon.com/covalent-cqts-ethereum-wayback-machine-securing-long-term-data-availability-in-the-rollup-era


🚀CALLING FOR OPERATORS🚀
Come crunch some numbers and help secure the integrity of historical on-chain data.
The Covalent Network is building the Ethereum Wayback Machine (EWM). Unlike other modular DA solutions providing temporary availability, the EWM scales historical state data preservation with specialized data sampling and aligned incentives encouraging the storage of long-tail data.

With demand soaring and our current operator count at 15, we’re eager to significantly bolster our capacity.

To date, around $4m has been given out as rewards so far on the Covalent Network.

Things to consider:
Play a pivotal role in securing and normalizing data across Ethereum and EVM chains with our unique sidecar integration approach by running Bsp-Geth.

8% of the total supply (20m CQT) are earmarked for operator rewards over 4 years, with an APR ranging between 8-12%.

As of January 2024, we've begun bringing a percentage of offchain revenue onchain. This equates to $45,000 of USDC purchasing CQT in Q1 accumulating 165K+ CQT.

The Covalent token (CQT) is set to a supply of 1 billion tokens, with no current inflation.

BSP operators benefit from being a delegator where users can stake into your efforts earning additional yield for both you as a delegator and the staked token holder.

The next set of operators will be onboarded in Q2, following the staking migration back to Ethereum.


Be part of an incredible journey alongside our dedicated validators like Chorus One, Bware Labs, Stakely, among others, who have been instrumental in our growth. 🛡️✨

Currently, we’re looking to onboard Block Specimen Producers (BSP)—one of three operator types, the other being Block Result Producers (BRP) and Query Node Operators (QNO) that we plan to scale later. 🌐✨

🔗 Read the full article here: https://www.covalenthq.com/blog/covalent-network-adds-more-operators/

🔗 Interested? Apply Here: https://app.deform.cc/form/c78485ce-dc2e-4497-bf07-9104523a07ab/?page_number=0


🚀Exciting news! We’re onboarding another 100 Alchemists to join our innovative and gamified learning and development program in Web 3.0!

Don’t miss your chance to be part of this unique journey. Spots are filling up fast – Register Now: https://forms.gle/zgnFxeAZxK75Bgdk7

🧠 While anyone can join the Covalent community, becoming an Alchemist requires dedication and autonomy. Discover what awaits:

🧪#UnifiedAPI: Access 225+ standardized chain data
🧪Typescript & Python SDKs
🧪Goldrush Kit: component kit for block explorers wallets receipts, and more
🧪Increment for Web 3.0 analytics

💜 If you’re passionate about Covalent and eager to learn and grow in the Web 3.0 space, we want YOU! Whether you aim to leave a legacy or carve a new career path, seize the opportunity to become an Alchemist!

About the Program: https://www.notion.so/covalenthq/Alchemist-Program-Season-5-74b6b6a78ff142739ad0c65efbf2bc19


Brace yourselves folks, we've got some big news!

We've just announced an exciting prospect for CQT stakers – select ecosystem partner drops 🪂

To celebrate, we're launching a Galxe campaign where 3 randomly selected winners will receive $50 USDC!

Get ready for engaging tasks and a chance to win! Don't forget to share, like, and retweet 🏆

Participate now ⬇️
https://galxe.com/Covalent/campaign/GCXDXtTUoM

Learn more about this exciting news: https://bitcoinist.com/covalent-cqt-introducing-ecosystem-partner-drops-for-cqt-stakers/


Deep-dive into Ethereum block data and data components, followed by crafting a slick dashboard to monitor top KPIs for Uniswap V2 using Increment. This exclusive workshop is custom-made for Rootstock, the largest and longest-running Bitcoin sidechain! Dive into the data pool with us!

📅 March 22nd @ 8:00 AM PT
📌 Zoom: https://us06web.zoom.us/webinar/register/WN_KmbL3UsBRriUEtIf08wzUg

About Panelist:

Eugenia is an analytical expert with 15+ years of experience in communication technologies, online retailers, and multinational technology companies. Skilled in Advanced Data Analysis, SEO, Statistical Analysis, and Databases. Strong business development professional with an Engineer's degree focused in Computer Science, General Concentration - Information Technology and Systems Management.


We're excited to have a live coding workshop by one of our Alchemists, Oshioke Salaki, on Gold Rush Kit. Bring your VS Code, API key, Node JS, and npm. Let's code together!

📅 March 20th @ 8:00 AM PT A
📌 Register Now: https://us06web.zoom.us/webinar/register/WN_NjteU6WFRzWUnUp1iSeWIg#/registration

This workshop focuses on teaching how to start building front-end applications with React Js and integrate them with the Covalent API and Gold Rush Kit components. Participants must have the following installed or set up to follow along: VS code, a Covalent API key, Node JS, and npm.


As AI and blockchain projects continue to integrate, engineering teams are increasingly tapping into Covalent’s dataset for advanced data analysis, predictive modeling, intelligent automation, and enhanced decision-making. 🤖🌐

With strategic collaborations across categories like DeFi, data analytics, and security enhancement, we are shaping technological advancements and unlocking endless possibilities in AI. Discover more about how some top AI-powered projects are leveraging our rich data for transformative solutions ⬇️
https://cryptoslate.com/press-releases/covalent-cqt-fuels-artificial-intelligence-advancement-with-largest-historical-real-time-web3-data-set/


⏳Kick-off in 5 minutes! Come join on Covalent’s Discord: https://discord.gg/zN4FaG7Uhf


Join us for an insightful exploration into the cutting-edge advancements and pivotal discussions shaping the future of blockchain technology. Our event will bring together leading experts, analysts, and innovators to delve into crucial topics including interchain operability, scalability solutions, and data analytics in blockchain ecosystems.

📅 March 15th at 8:00 AM PT
📍 Covalent’s Discord: https://discord.gg/VjWF5uAvQY

Expect engaging panel discussions where industry luminaries will share their insights on overcoming challenges and leveraging opportunities in the rapidly evolving blockchain landscape.

Whether you're a seasoned blockchain enthusiast, an aspiring developer, or a curious observer, this event promises to deepen your understanding of the latest trends, technologies, and strategies driving innovation in the blockchain space.


The Unified API solves for one of the biggest challenges EVM L2’s are facing today: scalability.

Addressing the issues surrounding fragmentation in the rising number of L2 solutions, Covalent transforms historical data into a standardized, interoperable format, allowing for seamless instant data access—including blob storage! 🧬

Check out this latest article to learn more about how we are accelerating L2 scaling across Web3 ⬇️
https://bitcoinist.com/covalent-cqt-data-availability-reduces-costs-accelerates-l2-scaling-across-web3/


🧪 Come join Alchemist OG, Jennifer Tran, as she demonstrates building a Farcaster Frame that displays data from the Covalent Unified API.

📅 Friday, March 08th at 8:00 AM PT
📲 Register: https://us06web.zoom.us/webinar/register/WN_shoAeUiJR7m7EUasW0NPaw

🧠 About: Jennifer Tran is a Developer Relations Engineer at DFINITY. She learned how to fetch an API through the Covalent Alchemist Program and has been passionate about Web 3.o data ever since.


Data quality and security remains as the main roadblock for AI innovation and adoption 🛡️. Recent incidents such as Google’s Gemini AI tool reveals these pitfalls.

We have just the answer for that: Our historically accurate onchain data verified with cryptographic proofs distinguish us as a reliable solution. By keeping data tamperproof, it is designed to mitigate future pitfalls and services as a catalyst for innovative AI use cases. Get the details in our latest article ➡️ https://cryptoslate.com/press-releases/covalents-largest-set-of-structured-data-in-web3-pioneering-the-fusion-of-ai-security-and-data-quality/


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🚀 Deploy a Web3 Wallet & Portfolio View That You Can Customize!

In this video Product Manager, Leilani Ledingham going to deploy this pre-built GoldRush template!

Explore ENS, RNS, Lens, and Unstoppable Domain Support for enhanced domain integration.
Monitor Cross-chain Token Balances for a comprehensive view of asset distribution.
Review Transfer History to track transaction patterns.
Supports Tailwind CSS to optimize your code with class sorting, merging, and linting.

To get started you’ll need the following:
🔑 Free API Key: https://www.covalenthq.com/platform/auth/register/
🦮 Guide to follow along: https://www.covalenthq.com/docs/unified-api/guides/how-to-fork-and-deploy-goldrush-templates-to-vercel/
🧑‍💻 Repo: https://github.com/covalenthq/goldrush-kit


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🚀 Deploy an NFT Gallary & Dashboard With All of the Data!

In this video Product Manager, Leilani Ledingham going to deploy this pre-built GoldRush template that you can fully customize!

Monitor market volume to gauge trading activity and market participation.
Observe historical floor prices for insights into long-term value trends.
Examine attributes to understand the unique characteristics and factors influencing market behavior.
Analyze sales history for comprehensive past 7 and 30-day transactional overviews.

To get started you’ll need the following:
🔑 Free API Key: https://www.covalenthq.com/platform/auth/register/
🦮 Guide to follow along: https://www.covalenthq.com/docs/unified-api/guides/how-to-fork-and-deploy-goldrush-templates-to-vercel/
🧑‍💻 Repo: https://github.com/covalenthq/goldrush-kit


🧬 Don't forget to register for Season 5 of the Alchemist Program. We are looking for 100 Alchemists to join a fun, gamified learning and development program like no other in #Web3.

🔗 Register: https://lnkd.in/ghCnUiNp
Don't miss your chance, as spots are filling up! Deadline February 29th @ 5:00 PM PT

Anyone can join the Covalent community, but becoming an Alchemist requires more commitment. An Alchemist is a self-starter and autonomous team player keen to demonstrate their dedication to the project and personal growth.

If you're a developer, analyst, or someone new to Web3, you'll be able to get hands-on with Covalent's products:

⚡️The Unified API - standardized data for 200+ blockchains
⚡️SDKs
⚡️Goldrush Kit for block explorers, wallets, modular UI
⚡️Increment for Web3 analytics

“Participate in a one-of-a-lifetime growth opportunity to experiment with ideas, challenge yourself, and have fun with the process. Learn about Covalent, connect with knowledgeable Alchemists, and make an impact.“ @jkimperez


📊 Calling Data Analysts, join Alchemist Okeke Francis as he discusses using simple, potent data models; users may create dynamic, customized charts using Increment's innovative no-code solution.

🔗 Register Now: https://us06web.zoom.us/webinar/register/WN__GCPB9sSSxqG1IiWut2y9w
📅 Feb 27th @ 9:00 AM PT

Did You Know that when it comes to encoding business logic—Reach, Retention, and Revenue—into a #SQL compiler that generates the correct SQL for you, only Increment has this capability?


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In this video Product Manager, Leilani Ledingham going to deploy this pre-built GoldRush template that you can fully customize!

Explore crucial metrics for any supported DEX on any of the 200+ chains we support:
Track Liquidity Levels to understand market depth.
Identify Top Tokens by Performance for informed decision-making.
Monitor Leading Pools to stay ahead in the liquidity game.
Analyze Volume Data for the past 7 and 30 days for trend analysis.

To get started you’ll need the following:
🔑 Free API Key: https://www.covalenthq.com/platform/auth/register/
🦮 Guide to follow along: https://www.covalenthq.com/docs/unified-api/guides/how-to-fork-and-deploy-goldrush-templates-to-vercel/
🧑‍💻 Repo: https://github.com/covalenthq/goldrush-kit




📊 Calling all analysts and curious data newbies, join Anthony Loya as he uncovers blockchain fundamentals, understanding and analyzing blockchain data, diving into data science & analytics, future trends, and tips for success!

🔗 Register Now: https://us06web.zoom.us/webinar/register/WN_wExgfGAbTSOTQN2_iDGYLg

🤓 About Anthony Loya: Masters in Data Science & Analytics and understands Python and SQL.

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