Skip to content

xpool.eu

crypto news aggregator

by: xpoolPosted on: May 6, 2025

Conflux Foundation to Burn 76 Million CFX Tokens

The Conflux Foundation has announced a plan to burn 76 million CFX tokens, permanently removing them from circulation. This action, along with the commitment of 500 million CFX for staking, aims to reduce the annual Proof-of-Stake (PoS) interest rate to approximately 13.38%. The move was supported by a community governance vote and is open for public scrutiny on the blockchain.

Related posts:

  1. Mantra CEO Proposes Token Burn to Boost Investor Confidence
  2. Conflux (CFX) Breakout Hints at Potential 100% Surge
  3. Conflux CFX Shows Market Stability in May 2025
  4. Conflux Burns 76 Million CFX to Combat Inflation, Boosting Ecosystem Stability
Conflux Cryptocurrency Token Burn

Post navigation

Previous PostPrevious Carney Rejects Trump’s Proposal for Canada as US State
Next PostNext Altcoin Secures CertiK Approval Amidst Ethereum Price Drop and Link Uncertainty

#BTC AI Altcoin Altcoins Binance Bitcoin Blockchain BlockDAG Cardano China Coinbase Crypto Cryptocurrency Crypto Market Crypto Regulation DeFi Dogecoin ETF Ethereum Federal Reserve Finance Fintech Gold Investment MAGACOINFINANCE Market Analysis Market Trends Market Volatility Meme Coins Pi Network Presale Price Prediction Regulation Ripple SEC Shiba Inu Solana Stablecoin Stablecoins Tariffs Technical Analysis Trading Trump Web3 XRP

Copyright © 2025 xpool.eu
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}