Conflux (CFX) - Conflux Network Vote - From 05 Feb to 11 Feb 2025

Conflux (CFX) - Conflux Network Vote - From 05 Feb to 11 Feb 2025

The Conflux Network vote is crucial as it deals with key network parameters like the base block reward and interest rate. If approved, the proposed changes will double these rewards, making the network more appealing to miners and stakeholders. This may lead to increased activity and demand for CFX, possibly pushing prices higher. Adjusting base fee sharing also offers potential incentives for participants, increasing interest in the network. With community-driven initiatives, this vote could create momentum in the market and affect the token's value. source A community-initiated vote is underway to adjust key network parameters! PoW Base Block Reward:Current: 1.00 CFX/Block → Proposed: 2.00 CFX/Block (+100%) Interest Rate :Current: 4.08% → Proposed: 8.16% (+100%) Storage Point Proposal:Current: 0.50 → Proposed:…

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