$CFX

Learn about the CFX token

The CFX token is native to the Conflux blockchain. Each unit exists in a liquid or staked form. A liquid coin can be transferred and used freely. If it is staked, it loses this characteristic.

Staking cases

CFX can provide benefits to holders, such as receiving remuneration in the form of interest;

CFX can be blocked on the Conflux network during a pre-defined interval to grant voting rights in community governance. In this circumstance, it assumes the role of a token with utility and governance responsibility. By staking, holders are able to get involved in community management, including submitting proposals to modify or expand the network's functionalities. The amount of tokens held directly influences voting power, growing proportionally;

CFX was intended for custody storage to acquire capacity on the network. This was essential to maintain the active functionality of smart contracts and the preservation of data stored on-chain in the ecosystem.