Conflux Foundation Proposes Corporate Partnerships for Digital Asset Management and PoS Nodes

The proposal, subject to a community vote, would authorize its Ecosystem Fund to collaborate with public companies and includes a four-year lock-up for CFX tokens.

CFX

Summary

The Conflux Foundation announced a proposal to authorize its Ecosystem Fund to partner with publicly listed companies. The collaboration would focus on digital asset treasuries, Proof-of-Stake (PoS) node operations, and Real-World Asset (RWA) management. According to the plan, any CFX tokens allocated to corporate treasuries will be subject to a minimum four-year lock-up period. The initiative requires approval through a community governance vote before proceeding.

Terms & Concepts
  • PoS (Proof-of-Stake): A cryptocurrency consensus mechanism where validators are chosen to create new blocks and confirm transactions based on the number of coins they hold and are willing to 'stake' as collateral.
  • RWA (Real-World Asset): A tokenized representation of a tangible or intangible asset that exists outside of the blockchain, such as real estate or commodities, brought on-chain.
  • Community Governance Vote: A process where token holders or community members vote on proposals to determine the future development and operational decisions of a decentralized project or protocol.