🚀 Conflux ($CFX ): China's Compliant Layer-1 (with Deflationary Mechanism)
Conflux is the only compliant public, permissionless blockchain operating in China, making it an important gateway for Web3 adoption in the Asia-Pacific region. It uses a Tree-Graph consensus mechanism (parallel block processing) to achieve high throughput and decentralization. At the same time, it is fully compatible with EVM, allowing developers to easily migrate Ethereum dApps.
💡 Overview of Token Economics:
🔹 Initial Supply: 5 billion tokens (pre-mined)
🔹 Continuous Issuance: Inflationary model, but with a halving mechanism similar to Bitcoin (approximately every 4 years, block rewards decrease)
🔹 Burning Mechanism:
Transaction Fees → Partial Burn
Storage Sponsorship Fees → Burn
Large-scale burns approved by the Community DAO → For example, burning 76 million CFX in May 2025
🔹 Circulation: >5 billion, but continuously decreasing through the burning mechanism
⚙️ Token Uses: Gas fees, staking (network security + rewards), governance voting
🌐 With increasing partnerships (including Google and Gemini) and the deflationary token mechanism along with its Asia-Pacific location advantage, CFX is becoming a uniquely long-term Layer-1 value choice.
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