CFX | Price Prediction | 150% APR
Conflux (CFX) stands as the cornerstone token of the Conflux Network, a state-of-the-art, layer-one blockchain meticulously crafted to elevate the DeFi landscape, encompassing dApps and an array of cutting-edge protocols. Its goal? To offer a platform that's not only more scalable and secure but also fundamentally decentralized.
But the versatility of Conflux (CFX) within the Conflux Network transcends governance. It's instrumental in managing transaction fees and staking procedures, and it's meticulously designed to serve as the primary medium of exchange and a unit of account for all blockchain transactions on the network.
While giants like Ethereum and emerging contenders like Solana pivot towards Proof of Stake for a greener scalability solution, Conflux Network carves its path with its unique Tree-Graph consensus mechanism. This ground-breaking method harnesses the prowess of both proof of work and proof of stake, delivering unparalleled efficiency.
Conflux (CFX) /USD Price on ReHold
ReHold uses Chainlink, a decentralized oracle network, to determine the price of CFX/USD, just as it does for other cryptocurrencies. Decentralization in CFX/USD price determination provides several advantages. It ensures that problems, like price manipulation, spikes, and slippages found in centralized exchange (CEX) products are avoided.
How to Earn Passive Income on Conflux (CFX)
ReHold is a decentralized finance platform that presents unique DeFi earning opportunities. Within ReHold, the Dual Investment feature enables users to potentially achieve an annual percentage rate (APR) of up to 150% when engaging with pairs like CFX/USDC and CFX/USDT. By staking CFX tokens, users can passively earn income while simultaneously enhancing liquidity in the CFX market and providing support to the token's ecosystem.
Conflux (CFX) Price Prediction
The CFX token's price fluctuates based on several determinants, including the inherent volatility of the crypto landscape, supply-demand dynamics within the Conflux environment, and escalating adoption of the CFX protocol. Given the factors mentioned above, CFX could potentially hit a new all-time high.
Conflux (CFX) Value
The value of Conflux is shaped by the dynamics of token supply and demand. Moreover, the CFX token holds intrinsic importance within the Conflux ecosystem, providing a solid foundation. Furthermore, token staking contributes to the token's value by allowing users to earn rewards while actively engaging with the platform.
150% APR on CFX Dual
ReHold's Dual Investment feature presents users with the potential to earn an APR of up to 150% on pairs like CFX/USDC and CFX/USDT. When users stake CFX tokens, they not only generate passive income but also play a role in boosting liquidity within the Conflux protocol.
How TO Earn 150% APR on CFX
If you're interested in earning passive income on Conflux (CFX), ReHold offers a unique earning solution. You can earn a 150% APR on pairs such as CFX/USDC, CFX/USDT, using the innovative ReHold protocol at Dual Investments. Follow these six easy steps to try it out:
- Connect your wallet Open the ReHold App and connect your web3 wallet. You can choose any web3 wallet that supports BNB Chain, Polygon, Avalanche, Optimism, and Arbitrum.
- Choose the CFX Dual asset Select the dual that you need: CFX/USDC, CFX/USDT, You can initiate a dual investment using either token of the chosen pair.
- Choose a staking period Select how many hours you want to lock your tokens. The longer the staking period, the higher the yield you will receive.
- Choose the start token Select the start token and the amount you want to invest. You can use the Conflux token or USDT, USDC of the dual asset.
- Approve the token To start a dual investment, you need to allow smart contracts to use your tokens. It's required only once for a selected token.
- Start your Dual Click on “Start Now” to create your Conflux dual and receive your reward after the staking period. That's all! Your Dual is created, and at the end of the staking period, you can take your assets back to your wallet or open a new Dual. Also, if you are interested in long-term investing, you can activate the auto-replay feature, and your dual will automatically start when the staking period ends. This will save you gas, simplify the passive income process, and increase your earnings.
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