Conflux

Conflux code is published on GitHub, and its economics and staking rules are documented. Co-founder Fan Long represents the project, and its founders include researchers from Tsinghua University. Named third-party protocol audits were not found, and individual team profiles are thin.

• Conflux-Chain on GitHub
• Conflux docs: Economics
• The Block: Conflux token jumps 9% following $10 million token round with DWF Labs
• Is Conflux Halal?: CryptoUmmah coin audit

Of the 5 billion genesis CFX, 12% went to private equity, 36% to the genesis team and 40% to an ecosystem fund. In March 2023 DWF Labs acquired $10 million of CFX from the team and foundation reserve. Data on current holder concentration is insufficient.

• Conflux docs: Economics
• The Block: Conflux token jumps 9% following $10 million token round with DWF Labs

New CFX is minted for each PoW block (about 63 million a year) and for PoS rewards (about 44 million a year in August 2023). Part of each base fee is burned. On 1 October 2026 CoinGecko showed about 5.24 billion CFX, up from a 5 billion genesis supply. Reward and burn rates are set by on-chain DAO votes.

• Conflux docs: Economics
• CoinGecko API: Conflux

Conflux runs PoW block production with a PoS layer that has slashing for malicious validators and pools for ordinary holders; the docs give a current PoS reward rate of 10%-14% a year, while the website separately advertises a built-in staking rate of 4%. Data on transactions, fees and active users is insufficient in the sources collected.

• Conflux docs: PoS Staking Overview
• Conflux docs: Economics