$CFX
CFX coin is the native token of the Conflux network, a layer 1 blockchain that combines PoW and PoS consensus mechanisms to improve scalability and security. Below is some key information about CFX:
*Overview*
- Name: Conflux
- Code: CFX
- Total supply: 5,278,164,274 CFX (may increase due to an inflation rate of 2.9%/year)
- Circulating supply: 2,784,425,746 CFX
*Features*
- Pay transaction fees on the Conflux network
- Participate in governance and voting
- Staking, providing liquidity, and collateral lending on some AMMs
*Token allocation*
- Ecological Fund: 40% (released over 4 years)
- Core team and Investor: 36% (released over 4 years)
- Private investors and reserves: 16%
- Community: 8% (released over 4 years)
*Exchange*
- CFX can be purchased on exchanges such as Binance, KuCoin, OKX, (no links), (no links)..