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BTC $68,043.10 +1.18%
ETH $1,988.44 +1.56%
BNB $616.45 +3.38%
XRP $1.40 +1.96%
SOL $81.51 +0.23%
TRX $0.2783 +1.19%
DOGE $0.0941 +4.75%
ADA $0.2663 +4.34%
BCH $514.80 -0.41%
LINK $8.52 +2.75%
HYPE $31.09 +6.91%
AAVE $109.98 +3.04%
SUI $0.9335 +3.51%
XLM $0.1611 +4.71%
ZEC $237.86 +4.98%

The CFX burn and staking proposal of Conflux has been approved, which will destroy 76 million CFX

2025-05-06 21:10:24
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ChainCatcher news, Conflux Network announced that the CFX burn and staking proposal has been voted through, with 76 million CFX to be burned and 500 million CFX to be staked, reducing the PoS annual interest rate to approximately 13.38%. The Conflux Foundation will carry out the burn as soon as possible, and records will be shared on-chain after the burn is completed.

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