📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
#CFX# Recently, an astonishing number has caught the attention of the crypto world: over 30 million CFX coins are produced each month. This amount is equivalent to a value of over 2 billion RMB, which inevitably raises curiosity about the mechanism behind it.
In fact, these newly added CFX coins did not come from nowhere. They primarily originate from the rewards obtained by investors who purchase CFX on the spot market and then stake and participate in mining. This mechanism not only encourages coin holders to actively participate in network operations but also provides momentum for the continuous development of the CFX ecosystem.
It is worth noting that the CFX project team has taken a series of measures to maintain the stability of the coin's value. Among these, the most notable is the periodic destruction of transaction fee revenue. Specifically, the project team sends this portion of revenue to a zero address for permanent destruction. This process is completely transparent and can be verified on the blockchain, reflecting the project team's responsible attitude towards coin holders.
For friends who intend to invest in CFX, it is crucial to gain a deep understanding of these mechanisms. It not only helps you more accurately assess the true state of CFX but also gives you a clearer understanding of its recent development prospects. With the continuous advancement of blockchain technology and the ongoing improvement of the CFX ecosystem, we have reason to expect that CFX may welcome broader development space in the future.
However, investment is always accompanied by risks. It is recommended that potential investors carefully study the project white paper, follow official announcements, and act cautiously in conjunction with their personal risk tolerance before making decisions. Only after fully understanding can one invest, in order to gain an advantage in this crypto assets market filled with opportunities and challenges.