Conflux Network (CFX) Adjusts Key Parameters Following Voting Results
Felix Pinkston Jun 11, 2025 08:26
Conflux (CFX) Network announces adjustments to key parameters, including PoW block rewards and interest rates, following the conclusion of voting for Round 16.
Conflux (CFX) Network, a prominent blockchain platform, has announced significant changes to its key network parameters following the conclusion of its voting process for Round 16 on June 11, 2025. According to the Conflux Forum, these adjustments are set to take effect on August 10, 2025, with the precise timing contingent upon the PoW block height.
Key Parameter Adjustments
The most notable change involves a reduction in the Proof-of-Work (PoW) block rewards, which will be halved from 1.60 CFX per block to 0.80 CFX per block. This move is part of a broader strategy to recalibrate the network's economic model and incentivize long-term sustainability.
Additionally, the interest rate will experience a substantial decrease, dropping from 6.50% to 3.26%. This adjustment reflects the network's ongoing efforts to optimize its financial structure in response to evolving market conditions and community feedback.
Unchanged Parameters
Despite these changes, some parameters will remain constant. The storage point ratio and the base fee sharing ratio will both stay at 63%. These stable elements are crucial for maintaining the network's operational efficiency and participant satisfaction.
Community Impact and Future Outlook
The adjustments come after a thorough community voting process, highlighting Conflux Network's commitment to decentralized governance. By involving its community in key decisions, Conflux ensures that its strategic direction aligns with the interests of its stakeholders.
As Conflux Network implements these changes, the platform is poised to enhance its competitive edge within the blockchain ecosystem. The modifications to block rewards and interest rates are expected to foster a more balanced economic environment, potentially attracting new participants and investments.
For more detailed information, visit the official announcement on the Conflux Forum.
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