#s$CFX Utility Token:

CFX is a utility token, meaning it's used to facilitate various functions on the Conflux network.

Transaction Fees:

Users need CFX to pay for transactions on the Conflux network, similar to how ETH is used on Ethereum.

Staking and Rewards:

CFX tokens are used for staking, which incentivizes users to participate in securing the network and validating transactions.

Governance:

CFX token holders can participate in network governance, allowing them to vote on proposals and contribute to the future direction of the Conflux network.

Scalability:

Conflux uses a unique Tree-Graph consensus mechanism to achieve high throughput and scalability, allowing it to handle a large number of transactions.

Web3 Development:

Conflux is designed to be a platform for building decentralized applications (dApps) and other Web3 projects.