Phenix Auto-staking
Learn all about our RX3 Protocol and auto-staking system
Phenix Finance token offers a wide array of expanding benefits as our ecosystem grows. One of our major incentives is providing a sustainable and consistent method of powerful rewards through our RX3 Protocol. This is a unique offering on the CRONOS Blockchain.
Our RX3 Protocol offers PHNX Token holders over 66,666% APY (around 67,188.209% APY) that is ultimately sustained through controlled weekly burns and buy-backs through the Phenix Fund Reserve (PFR).
Want to calculate your potential RX3 protocol rewards while holding PHNX tokens? Check out our rewards calculator on our Dashboard here: https://app.phenix.finance/rewards
RX3 stands for Rapid Relative Rebase. What this means is that after each interaction with the contract, a positive rebase is performed relative to the last rebase time and the set reward rate.
The current reward rate is a minimum of 1.8% daily ROI. This amount rapidly scales up depending on the amount of activity. The more transactions, there will be an exponential increase in yield for all token holders.
Last modified 11mo ago