What is Nucleon xCFX ($XCFX)?
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.
The protocol aims 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 security of the Conflux network.
xCFX is the interest-bearing ERC20 token that represents CFX staked into Nucleon’s PoS pool and it’s interest accrued in CFX over time. There is one type of xCFX, with an uncapped supply determined algorithmically, and will be tradeable.