Conflux (CFX) - Token Burn Proposal - 28 Apr 2025

Conflux (CFX) - Token Burn Proposal - 28 Apr 2025

The Conflux Foundation plans to burn 76 million CFX tokens. Such a large token burn can potentially reduce circulating supply, which often leads to increased prices if demand remains strong. This move is aimed at counterbalancing recent reward increases from both Proof of Work and Proof of Stake. For investors, this can be seen as a positive signal suggesting future price growth if the burn effectively decreases supply. Tracking how the market reacts right before and after the burn will be crucial. source Token Burning ProgramTo address inflation and strengthen long-term confidence, the Conflux Foundation will burn 76M CFX offsetting recent PoW and PoS reward increases.We're also staking 500M CFX to help lower PoS APR and stabilize the ecosystem.…

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