Tokenomics (V3)
Learn all our the Phenix Finance tokenomics
Phenix Finance Tokenomics Cronos
The information below is an overview of the Phenix Finance tokenomics:
Token name: Phenix Finance
Token symbol: PHNX
Initial token supply: 1,000,000
Public token allocation: 250,000 (25%)
Presale allocation: 350,000 (35%)
Airdrop Allocation: 300,000 (30%)
Team and Partnership allocation: 100,000 (10%)
Sale Information
Stage 1: Token Presale
Soft cap: 250,000 CRO
Hard cap: 500,000 CRO
Normal Presale rates: 1 PHNX = 2 CRO
Whitelist Presale rates: 1 PHNX = 1.43 CRO
Location: https://app.phenix.finance/presales
Stage 2: Public Sale (MMF DEX Listing)
Sale rate: 1 PHNX = 2 CRO
Location: MMF DEX (Cronos)
Phenix Finance Tokenomics Polygon
Information coming soon.
Trading Fee Allocations
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.
Buy Fees
The following fees are applied when another token is swapped in exchange for PHNX tokens:
Total fee: 8% (*)
During the first three weeks of launch, the fee for buying is reduced to 5% to incentivize and promote further investment opportunities for Phenix Finance during the initial period.
Sell Fees
The following fees are applied when PHNX token is swapped in exchange for any other token:
Total fee: 13% (*)
During the first three weeks of launch, the selling fee is increased to 18% to incentivize and promote holding during the initial launch period and ultimately reduce extreme volatility.
(* The Phenix Token Burn Allocation is sent to the burn address at the start of every month alongside a community announcement.)
Why are there trading fees?
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.
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