💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
The deflationary mechanism of CFX coin mainly operates through the destruction of Money Laundering and excess supply destruction, as follows:
- Money Laundering destruction: In the Conflux Network, 10% of the Gas fee generated by each transaction will be permanently destroyed, while the remaining 90% will be given as mining rewards. This instant destruction mechanism ensures that the network usage rate is directly linked to token deflation, and as the number of transactions increases, the amount of destroyed CFX coin will also increase accordingly.
- Excess Supply Destruction: When the total supply of CFX exceeds 200 million coins, the system will initiate an annual additional destruction of 1%. This mechanism effectively controls token inflation, and over time, it will gradually increase the scarcity of CFX coins, providing value protection for long-term holders.