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When was CFX coin issued?

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2024-05-07 10:25:031119browse

When was CFX coin issued?

CFX coin issuance time

publish time:

CFX coins were issued on December 12, 2019.

Release background:

CFX Coin is the native cryptocurrency of Conflux Network. Conflux Network is a high-performance, scalable blockchain platform designed to enable global interoperability. CFX coins are used to pay transaction fees, stake, and participate in network governance.

Circulation:

The total supply of CFX coins is 10 billion. Among them, 4 billion have been issued on the main network, and the remaining 6 billion will be gradually released based on network development.

Acquisition method:

CFX coins can be obtained in the following ways:

  • Trade on a cryptocurrency exchange that supports CFX coins
  • Participate in Conflux Network’s staking activities
  • Participate in Conflux Network’s ecosystem construction

use:

CFX coins are mainly used for the following purposes in Conflux Network:

  • Pay transaction fees
  • Stake to participate in network security
  • Participate in network governance
  • Access Conflux Network’s ecosystem and applications

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