🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
🎁 Prize pool over $10,000! Win Huawei Mate Tri-fold Phone, F1 Red Bull Racing Car Model, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=12
How to earn Growth Points fast?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
100% chance to win — prizes guaranteed! Come and draw now!
Event ends: August 9, 16:00 UTC
More details: https://www
The token economic model of Conflux (CFX) is noteworthy, as it adopts a unique continuous issuance strategy instead of setting a fixed cap on the total amount of tokens. Every day, the Conflux network issues approximately 1 million CFX tokens, with these new tokens primarily coming from block rewards and staking rewards.
It is worth noting that this issuance mechanism is not an unrestricted overproduction. Conflux's governance model gives the community (DAO) significant decision-making power, allowing it to adjust the issuance speed through democratic mechanisms, thereby achieving effective control over inflation. This flexible token supply model enables Conflux to dynamically adjust according to the network development needs and market conditions.
In order to seek a balance between issuance and deflation, Conflux has also introduced a token burn mechanism. For example, part of the transaction fees will be burned, which can help offset the inflation effect to some extent and contribute to maintaining the long-term value stability of the token.
Overall, the tokenomics design of Conflux reflects a carefully planned balance strategy. It supports the sustainable development of the network through controllable continuous issuance while leveraging community governance and partial burn mechanisms to prevent excessive inflation. This approach not only provides the necessary flexibility for the Conflux ecosystem but also lays a solid foundation for its long-term healthy development.