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Conflux Network Approves Proposal to Burn 76M CFX and Stake 500 CFX

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🔊 CFX Burn &amp; Staking Vote Approved!

The community has spoken, the proposal to burn and stake CFX has passed

https://t.co/hzuFfyiSgR

🔹 76M CFX will be burned

🔹 500M CFX will be staked to lower PoS APR to ~13.38%

The Conflux Foundation will carry out the burn shortly.

Conflux Network Official

Conflux Network Approves Proposal to Burn 76M CFX and Stake 500 CFX

https://x.com/Conflux_Network/status/1919737171864432680