The Conflux network is going to upgrade it’s mainnet to v2.0. A PoS system is introduced to improve the network’s finality and against 51% attack.
The PoS system require CFX holder stake their CFX to a PoS node and participate in the PoS process, in return the holder can earn more CFX as a reward.
A CFX holder have two option to participate the PoS, one is run a Conflux Node themself and stake CFX in his node.
The other option is stake their CFX in a PoS pool, in this way there is no server cost, and there is no need to maintain a node.
The PHX PoS Pool is a Dapp that enable CFX holder stake their token in PoS and earn reward without running a node, it features with:
- Completely open source
- Easy to use
- Stable and Safe
Current it is deployed to the Conflux Testnet, anyone can try it here: https://pospool.phxverse.com/