📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
Conflux Network will destroy 76 million Tokens through the CFX burn and stake proposal.
According to the Gate.io News bot, as reported by Wu, the proposal for the destruction and staking of CFX by Conflux Network has been approved by community vote. According to the proposal, Conflux Network will execute a plan to destroy 76 million CFX, while staking 500 million CFX. After this adjustment, the Annual Percentage Rate for PoS staking will be adjusted to 13.38%.
The Conflux Foundation announced that it will immediately initiate the destruction process and will publicly disclose the relevant records on the blockchain once completed.