The proposal for the destruction and staking of CFX by Conflux has been approved, and 76 million CFX will be destroyed.

ChainCatcher

2025-05-06 13:14:18

CFX1,93%

ChainCatcher news, Conflux Network announced that the proposal for CFX burning and staking has been voted through, with 76 million CFX to be burned and 500 million CFX to be staked, to drop the PoS Interest Rate to about 13.38%. The Conflux Foundation will carry out the burning as soon as possible, and records will be shared on-chain after the burning is completed.

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