Tokenomics
Learn all our the Phenix Finance tokenomics
The information below is an overview of the Phenix Finance tokenomics:
- Token name: Phenix Finance
- Token symbol: PHNX
- Initial token supply: 10,000,000
- Public token allocation: 3,000,000 (30%)
- Presale allocation: 5,000,000 (50%)
- Team and Partnership allocation: 2,000,000 (20%)
- Soft cap: 200,000 CRO
- Hard cap: 400,000 CRO
- Normal Presale rates: 1 CRO = 10 PHNX
- Whitelist Presale rates: 1 CRO = 13 PHNX
- Minimum Allocation Per Address: 100 CRO
- Sale rate: 1 CRO = 12 PHNX
- Token name: Phenix Finance
- Token symbol: PHNX
- Initial token supply: 10,000,000
- Public token allocation: 2,000,000 (20%)
- Presale allocation: 5,000,000 (50%)
- Team and Partnership allocation: 2,000,000 (20%)
- Phenix Bride allocation 1,000,000 (10%)
- Soft cap: 350,000 MATIC
- Hard cap: 550,000 MATIC
- Token name: Phenix Finance
- Token symbol: PHNX
- Initial token supply: 10,000,000
- Public token allocation: 2,000,000 (20%)
- Presale allocation: 5,000,000 (50%)
- Team and Partnership allocation: 2,000,000 (20%)
- Bridge Allocation: 1,000,000 (10%)
- Soft cap: 350,000 Matic
- Hard cap: 550,000 Matic
Trading fees on our token go towards our ecosystem and support future developments as well as providing automatic liquidity to ensure price volatility is reduced and that the price floor continues to rise.
The following fees are applied when another token is swapped in exchange for PHNX tokens
- Total fee: 10%
- Phenix Token Burn Allocation: 3%*
- Phenix Fund Reserve (PFR): 7%
The following fees are applied when PHNX token is swapped in exchange for any other token:
- Total fee: 15%
- Phenix Token Burn Allocation: 5.5%*
- Phenix Fund Reserve (PRF): 9.5%
(* The Phenix Token Burn Allocation is sent to the burn address at the start of every month alongside a community announcement.)
The current trading fees in place support our growing ecosystem. The fees that you will experience will essentially go directly back into the ecosystem in the form of rewards, buy-backs, project development, and much much more! We will continue to review our trading fees as a project progresses to make entry and exit more desirable for all investors.
Long term sustainability will be created with buybacks and burns, growing token and eco-system utility.