Covalent is a blockchain platform that provides developers and data scientists with access to high-quality, granular on-chain data moreCovalent is a blockchain platform that provides developers and data scientists with access to high-quality, granular on-chain data. The platform aggregates data from multiple sources, including public and permissioned blockchain networks, and presents it in a unified, normalized format that is easy to work with. Some possible benefits of Covalent are:
1. Easy data access: Covalent makes it easy for developers and data scientists to access data from multiple blockchain networks without having to navigate individual APIs or use custom code.
2. Granularity: Covalent provides highly granular data, including individual transactions and events, which makes it useful for a wide range of use cases.
3. Speed: Covalent is designed to work with large-scale data sets and can quickly process and deliver data to users.
4. Cost effectiveness: Covalent's pricing structure is designed to be cost-effective compared to other blockchain data providers.
5. CQT token: The CQT token is the native token of the Covalent network and is used to pay for data requests and other services on the platform. Token holders can also stake their tokens to earn rewards and participate in governance decisions.
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