🔥 Gate Post Ambassador Exclusive Posting Reward Task Round 4 Is Live!
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Join the Ambassador Task and post daily from June 9 to June 15, get your posts rated, and share a $300 prize pool based on your ratings!
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will
Conflux Network will destroy 76 million Tokens through the CFX burn and stake proposal.
According to the Gate.io News bot, as reported by Wu, the proposal for the destruction and staking of CFX by Conflux Network has been approved by community vote. According to the proposal, Conflux Network will execute a plan to destroy 76 million CFX, while staking 500 million CFX. After this adjustment, the Annual Percentage Rate for PoS staking will be adjusted to 13.38%.
The Conflux Foundation announced that it will immediately initiate the destruction process and will publicly disclose the relevant records on the blockchain once completed.