⬛🟧🦆⬛🟧🦆⬛🟧----🍜 Good morning class ☀️ Today, Miss Cup's class is about @covalent, and we will use the simplest way to help everyone understand this project~ @Covalent_HQ is like an engine that never stops; you just need to know it is doing something very practical: organizing all the data from various blockchains, allowing developers to create various applications faster and more conveniently. First, they continuously support new chains. Each new chain supported means more developers can access #Covalent's data services to develop applications or tools. As more and more developers participate, there will be more new applications, such as wallets, analytics platforms, AI tools, and DeFi dashboards, all using #Covalent's API. With these applications, there will be real demand and traffic, which translates to more "data requests" and "on-chain queries." This actual usage will turn into revenue. @Covalent_HQ then uses a portion of this revenue to buy back $CXT tokens, which is not just a simple token economic design but creates a cycle of "the more you use → the more you earn → the more you buy back → the more stable the token becomes" for the entire ecosystem. The biggest difference with this approach compared to usual practices is that it does not rely on airdrops to generate hype or subsidies to maintain itself; instead, it supports the token's value through the product's actual usage. The more chains supported, the more developers using it, and the more applications launched, the faster the flywheel spins, making @Covalent_HQ's ecosystem more stable and stronger. To put it simply, it means a token economy driven by real demand. Do you understand? Good Bye Class, See you tomorrow.