Conflux: CFX destruction and pledge proposal has been passed, 76 million CFX will be destroyed

Odaily News Conflux Network announced that the CFX destruction and staking proposal has been voted through. 76 million CFX will be destroyed and 500 million CFX will be staked to reduce the PoS annual interest rate to about 13.38%. The Conflux Foundation will carry out the destruction as soon as possible and will share the records on the chain after the destruction is completed.