Increasing Conflux’s Security with xCFX/NUT — LP
Nucleon is Pleased to announce the addition of xCFX/NUT LP into the LP Pool family!
Nucleon’s launch not only gave liquidity back to the Conflux community via its Liquid Staking (LSD) architecture and xCFX token, it’s played a significant role in increasing Conflux Network’s security through new CFX staking.
The LP-emissions will be changed to the following weighting for the LP Pools:
- xCFX / NUT (28.57%)
- CFX / NUT (28.57%)
- CFX / xCFX (42.86%)
The time of the new emission is set for:
10AM ET March 14th, 2023
Aiming Ever Higher
Being NO.2 is not enough. We aim to become the NO.1 PoS Pool on Conflux and not look back!
Since Nucleon’s launch on January 31st of this year, we have become the most used staking pool in terms of unique staking addresses, and the second largest PoS Pool by the amount of CFX staked! On top of that, Nucleon’s APY is the highest, due to the implemented auto-compounding mechanism!
We believe that the additional LP and the updated emission weightage will increase the liquidity and use-cases for both xCFX and NUT, while Nucleon grows and continues to secure Conflux Network.
We want to create new opportunities for all users to stake and interact with Nucleon. We will continue to collaborate with ecosystem partners like Swappi DEX and Goledo, and launch our own activities to increase the amount of staked CFX on Nucleon. We promise we are nowhere close to being done!
About Nucleon
Nucleon is a liquid staking solution for Conflux PoS backed by industry-leading staking providers. Nucleon lets users stake their CFX without locking assets or maintaining infrastructure.
Our goal is to solve the problems associated with Conflux PoS staking — illiquidity, immovability, and accessibility — making staked CFX liquid and allowing for participation with any amount of CFX to improve the security of the Conflux network.
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