🚨 Major Update: CQT Staking is Migration back to Ethereum 🚨 We are thrilled to announce significant advancements in our transformative 'The New Dawn' initiative. As we prepare to launch the Ethereum Wayback Machine, a critical step is the migration of CQT staking from Moonbeam to Ethereum. This strategic move is designed to enhance network efficiency and realign incentives towards substantial growth. 👇 Why is this Migration Crucial? Our operations on Moonbeam currently require two types of gas tokens and involve complex cross-chain transfers, leading to inefficiencies and user experience challenges. Transitioning to Ethereum simplifies these processes significantly, streamlining operations and paving the way for scalable, robust infrastructure developments needed for the Ethereum Wayback Machine. 🔄 Phasing Out Moonbeam Staking To facilitate this transition, we will be phasing out staking rewards on Moonbeam, effectively reducing the APY to zero. Additionally, we propose to eliminate cooldown periods for unstaking on Moonbeam, ensuring a smoother migration process to Ethereum. 🚀 Ethereum Wayback Machine: Next Steps Post-migration, our focus will shift towards integrating the Ethereum Wayback Machine (EWM). This crucial development will allow us to scale proof aggregations from offchain operator computations, reinforcing our commitment to providing a decentralized ecosystem with dependable, Long-Term Data Availability. 🔗 Ready to Migrate? Ready to move CQT from Moonbeam to Ethereum and stake as a delegate? (once this proposal is ratified) Unstake your CQT on Moonbeam (with zero cooldown post migration). Bridge your CQT to Ethereum using the Wormhole. Stake your CQT on Ethereum and select your preferred operator. 👉 For detailed instructions, visit our staking dashboard. https://lnkd.in/gr-pxujQ 📌 Learn More: Read the full details: https://lnkd.in/gSkP-tX3 Governance Post: https://lnkd.in/gg8hqzv4
Covalent
Software Development
📊 Blockchain data for the New Economy. A single Unified API for fast, scalable historical blockchain data across 150+
About us
Covalent is a technology company that is solving the huge infrastructure problems inhibiting blockchain adoption. Our solution bridges the entrenched world of centralized databases with the new world of distributed blockchain technologies. Blockchains provide a new frontier of development for enterprises, consumers and software developers. Due to its decentralized architecture, immutable ledger and highly secure framework, applications of the technology will impact industries ranging from finance and retail to personal identity and cryptocurrency. Covalent's solution will exponentially increase access to and adoption of distributed blockchain technologies for enterprise and consumer use cases. The first version of Covalent was built in a weekend at a distributed systems hackathon in the fall of 2017. After winning the hackathon, we decided to turn it into a hosted service and start commercialization. Our team is comprised of industry veterans in database and distributed systems. Covalent is funded by leading venture investors, with over a decade of expertise building and scaling technology companies. We are hiring for a number of positions. Covalent is small, so everyone will have a huge impact. With only a handful of people we are already processing hundreds of millions of transactions. Open job postings here: https://www.covalenthq.com/about/careers/
- Website
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https://www.covalenthq.com
External link for Covalent
- Industry
- Software Development
- Company size
- 11-50 employees
- Headquarters
- Vancouver
- Type
- Privately Held
- Founded
- 2018
- Specialties
- Blockchain, Distributed Ledger Technology, Database, Analytics, Ethereum Data, Research, Data, Profit and Loss, and Wallet Balances
Locations
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Primary
Get directions
Vancouver, CA
Employees at Covalent
Updates
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Covalent reposted this
Battle of the Infrastructure Panel | Cornell Blockchain Conference 2024 Featuring: Luigi D'Onorio DeMeo at Ava Labs jon wong at Solana Foundation Jack Melnick at Polygon Labs
Battle of the Infra l Luigi DeMeo (Avalanche), Jon Wong (Solana), Jack Melnick (Polygon) & David Tso
https://www.youtube.com/
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We’re committing $2.5M in Covalent Grants to support projects building on The Arbitrum Foundation! Eligible projects across DeFi, Social, DePIN, Gaming, NFTs, and more will receive up to $25,000 (in credits) to access fully indexed onchain data via our APIs, SDKs or React components (https://lnkd.in/g8-E3viZ) Onchain data includes: - Wallet balances (current and historical) and full transaction histories - Cached NFT assets and metadata - DEX data (positions, rewards, pools) - Contract metadata and all log events “Today, we’re excited to extend the Covalent Grants program to the Arbitrum ecosystem, which will help lower the cost of building with onchain data to zero. Together, we’re bringing best-in-class tools to every developer on Arbitrum One, Nova, Orbit or Stylus.” – David Tso For more details and to apply, check out: https://lnkd.in/gHYvyzgb
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Covalent reposted this
If you're going to be at the Cornell Blockchain Conference in New York City this Friday, I have a feeling this panel will get interesting Come see me try and get Luigi D'Onorio DeMeo (Ava Labs), jon wong (Solana Labs), and Jack Melnick (Polygon Labs) to argue, I mean chat, about the future of blockchain infrastructure and scaling
Grab your popcorn and join us on April 26th for the “Battle of the Infrastructure” at the Cornell Blockchain Conference. This panel promises to be a captivating exploration of the technological backbone shaping the future of decentralized systems with experts delving into topics ranging from scalability solutions to consensus mechanisms. Luigi D'Onorio DeMeo (Ava Labs) Luigi currently serves as the Vice President of Business Development and Ecosystems at Ava Labs, a leading blockchain company known for its development of the Avalanche platform, offering high-performance decentralized applications and customizable blockchain solutions. With over three years of experience at Ava Labs, Luigi has played instrumental roles in various capacities, including Senior Director roles in Business Development, Developer Relations, and DeFi. jon wong (Solana Foundation) Jon is the current Head of Ecosystem Engineering at Solana, a high-speed, scalable blockchain platform for decentralized applications and low-cost transactions. Jon’s expertise extends beyond technical realms, as evidenced by his accomplishments as a public speaker, delivering engaging presentations on topics like GraphQL and React.js at industry conferences and meetups. Jack Melnick (Polygon Labs) Jack currently serves as the Head of DeFi at Polygon Labs, a leading entity in the blockchain space, spearheading decentralized finance (DeFi) initiatives with a focus on innovation and advancement within the industry. Prior to joining Polygon Labs, Jack held roles such as VP of Research at The Tie, where he excelled in financial analysis and public speaking, and worked in institutional equity sales and alternative data solutions at UBS, gaining valuable insights into the financial industry landscape. ______ Cornell Blockchain Conference 2024 will be organized this 26th of April on Roosevelt Island (New York), bringing together blockchain industry leaders, academics and web3 enthusiasts. ▶︎ Ticket link: https://lnkd.in/gMAhQKRn ▶︎ Follow us on X: @CUBlockchain ▶︎ Website: https://lnkd.in/giggQxzE ▶︎ Telegram: https://lnkd.in/ggK95VkW
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Covalent reposted this
Gonna be an awesome event in New York City! If you want to catch me at the Cornell Blockchain Conference: Friday at 12:00 pm in the Bloomberg Auditorium, I'll be moderating a panel on blockchain infrastructure with Luigi D'Onorio DeMeo from Ava Labs, jon wong from Solana Labs, and Jack Melnick from Polygon Labs. Come by and say hi :)
On April 26th, Cornell Tech will host the 2024 Cornell Blockchain Conference with the theme “Building for Billions”. Founded in 2017, Cornell Blockchain Club (CBC) was one of the nation’s first official blockchain clubs. CBC made it their mission to educate Cornell students not only how to use blockchain technology in its current form, but also how to think about the future potential of blockchain technology. Cornell University is a leader in the blockchain community, from alumni founders of organizations such as Avalanche, Gauntlet, Tezos, and The Initiative for CryptoCurrencies & Contracts (IC3) leading academic consortium in the field. In 2023, Coindesk ranked Cornell as the #2 university for studying blockchain in the US and #5 in the world! 🚀This Friday, dive into 9 keynotes and 14 panels featuring top minds from Ava Labs a16z crypto, Blockchain @ Microsoft, The Initiative for CryptoCurrencies & Contracts (IC3), Meta, Alchemy, and others to discuss everything from Crypto x AI, Bitcoin, to Permissionless Markets 🥳 Plus, don't miss hiring opportunities and two exclusive afterparties! 🎓 Student tickets are $8 🎫 General admission 40% off with code B4B 🚀 Tickets are selling fast and space is limited: https://lnkd.in/gMAhQKRn
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Covalent reposted this
It was great attending the Consensys Waypoint event last week to have a fireside chat about all things L2s I had a fun time meeting everyone 😄 https://lnkd.in/gae5vYrh
Scaling Ethereum via L2s with David Tso | Linea Voyage Waypoint: The Road to Dencun, Vancouver
https://www.youtube.com/
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Mode Network Mainnet is supported on Covalent! Developers on Mode can now use our Unified API and Typescript SDK more easily than ever to power their dApps “Mode continues to grow and Covalent will continue to help provide onchain data for projects building around Yield and DeFi primitives within its ecosystem. With Mode, we’re confident in delivering cutting-edge solutions and driving the next wave of innovation in DeFi.” – David Tso Explore Covalent’s unique benefits and start building on Mode 🏗️ 🔑 API Key: https://lnkd.in/g3FudGvy 🧬 Unified API: https://lnkd.in/gH-6NeBT 🧩 GoldRush Kit: https://lnkd.in/d4dbTAUc 🖥 Typescript SDK: https://lnkd.in/gcYp4ftQ 📃 Mode Docs: https://lnkd.in/gkmKTDnh
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Covalent reposted this
$2.5M in Covalent grants are now up for grabs for Crypto.com ecosystem projects! Just build it 🏗
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Covalent reposted this
Covalent is excited to co-host the upcoming VORTEx Online Hackathon with our friends at Scroll! Register below for a chance to win a share in our $85K prize pool 💰
Scroll 📜 (@Scroll_ZKP) on X
twitter.com
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Covalent reposted this
Come say hi at the Consensys Waypoint event in Vancouver today I’ll be on stage chatting about RWAs, L2s, and Ethereum scalability See you there 👋
Linea (@LineaBuild) on X
twitter.com