What is Phenix Finance?

The Phenix Finance project is an initiative led by a team of committed, experienced, and community-driven people that has a high focus on delivering easy methods of rewards and DeFi services to project and business owners in the crypto-space.

The Phenix Finance team has come together to bring forward a vision that is founded on our core values and beliefs. The team has a deep focus on community, security, and education as a new generation enters into the crypto world.

Phenix Finance acknowledges that crypto is an element of everyone's life's that will change the way we operate on a day-to-day basis and they strive to be the pioneers in delivering services and applications with real-world utility and power for project and business owners entering the DeFi space. They aim to break the difficulty barrier that prevents so many people from accessing this world of DeFi through enhanced accessibility and DeFi applications/services. The Phenix Finance Project is one of the many great projects pushing this vision of the future of DeFi ahead.

The Phenix Finance token at a base offers an extremely easy reward system via our token mechanism. The RX3 (Rapid Relative Rebase) Protocol provides over 66,666% APY just buy holding tokens in your wallet. The PHNX Token will be a tool for high rewards and utility as our ecosystem rapidly expands.

The ecosystem will continuously expand with different decentralized applications and services which make it easier for project and business operations easier for everyone that uses them. We aim to release the Phenix Vault and Phenix Payroll Management System as two applications that will assist businesses on DeFi to manage their assets safely and properly organize and keep track of their employee payroll with advanced statistics that are unseen in the space. They aim to release the DeFi services and applications on the CRONOS chain initially, then across multiple chains to provide a white array of utility to different parts of DeFi.

The Phenix Finance ecosystem will expand to Polygon Chain. The RX3 Protocol, and all our decentralized applications and services will be available for our Polygon Chain investors.

The multiple chain expanding will start with the Polygon Chain. After the Polygon Token Launch all aspects of our ecosystem will be available for Polygon Chain Investors.

What does PHNX Token provide investors?

In our mission to make DEFI easy-to-use, we provide powerful and simple tokenomics that allow you to become an automatic stakeholder as soon as you acquire or increase your holdings. Utilizing the TITANO TAP Protocol, our token contract provides flexible and sustainable rewards just by hold PHNX Tokens in your wallet.

On top of the high yield from the auto-staking protocol, you'll be able to utilize PHNX Token within our ecosystem to gain a wide array of utilities. Our planned ecosystem focuses on provided a high-rewards system that is ultimately sustainable and efficient as well as provided a unique offering of DApps and services to project and business owners in the DeFi Space.

What is the Phenix Fund Reserve (PFR)?

The Phenix Fund Reserve (better known in our ecosystem as the PFR) is a dedicated multi-function and protected wallet that is used for all facets of our project. This use spans from reward sustainability all the way to project development funding.

Here is a comprehensive list of all things that the PFR is used for within our project:

• APY sustainability through strategic buy-backs and burns.

• Marketing funds to push our vision to new and effective audiences.

• Development costs.

• Resource costs.

Why don't we separate resource funds into different wallets?

From a logical and ethical perspective, we believe it is best that funding that is provided from trading fees is sent to one central location (the PFR wallet). This makes it much easier for us to be transparent about our expenditures and easier for you (the community) to see what we're exactly doing with the funds.

From a technical point of view, aggregating multiple transactions to multiple wallets would result in more gas fees on the investors part, which is something we wanted to avoid (even if they are minuscule)

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: 10,000,000

• Public token allocation: 3,000,000 (30%)

• Presale allocation: 5,000,000 (50%)

• Team and Partnership allocation: 2,000,000 (20%)

Sale Information

Stage 1: Token Presale

• 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

Stage 2: Public Sale (MMF DEX Listing)

• Sale rate: 1 CRO = 12 PHNX

Phenix Finance Tokenomics Polygon

• 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%)

Stage 1: Token Presale

• Soft cap: 350,000 MATIC

• Hard cap: 550,000 MATIC

Phenix Finance Tokenomics Polygon

• 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%)

Stage 1: Token Presale

• Soft cap: 350,000 Matic

• Hard cap: 550,000 Matic

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: 10%

  • Phenix Token Burn Allocation: 3%*

  • Phenix Fund Reserve (PFR): 7%

Sell Fees

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.)

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.

Cronos Chain Contract Addresses

Polygon Chain Contract Addresses

What is the Phenix 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).

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.

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

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.

What is the Phenix Lotto Pool?

The Phenix Lotto Pool is a P2E (Play-to-earn) lottery pool that offers consistent and large prize pools for all participants. Entry into the Phenix Lotto Pool (PLP) will require the user to deposit tokens into the pool in exchange for tickets. As long as your tokens are inside the pool, you're in the draw to win a prize generated over the course of the lotto period.

How do I enter the Phenix Lotto Pool?

Once the PLP has launched, investors will be able to deposit tokens into the pool via our dashboard application on the dedicated PLP page. It will be a simple process of approving X amount of PHNX Tokens and depositing into the draw! There will be no minimum token amount to enter the PLP.

What rewards can I expect in the Phenix Lotto Pool?

Each draw of the PLP will be run over the course of a week (7 day entry period). Rewards generated from tokens within the pool via the RX3 Protocol will go towards the total prize pool. To ensure users that have tokens within the PLP still earn rewards even if they don't win, we have the following reward structure:

• Phenix Lotto Prize Pool Rewards: 75% of RX3 Protocol Rebase

  • 10 lucky winners

• Guaranteed PHNX Rewards: 15% of RX3 Protocol Rebase

  • Rewarded to everyone inside the PLP in the form of Tickets

• Token Burn Allocation: 10% of RX3 Protocol Rebase

  • Provides a level of price stability

What happens after a draw has finished?

When the PLP draw finishes, all PHNX token rewards will be distributed to everyone (as well as the 10 lucky winners of the majority prize pool). All tokens that have been entered into the PLP will remain there until users have withdrawn the tokens which means you can play forever without the risk of losing any tokens! There will be penalties for users that leave the PLP early as a means to prevent abuse which will last 10 days from when tokens were last deposited into the PLP pool.

This penalty will be 20% of what is withdrawn IF the early withdrawal fee still persists.

What is the Phenix Vault?

The Phenix Vault will be a much-needed resource in the malicious, dangerous, and mysterious DeFi space we currently experience. The Phenix Vault will operate as a decentralized application and provide a wide array of services to different projects to provide a high level of security to assets and contracts. These features will range from highly customizable Token Vesting, all the way to blockchain monitoring for suspicious activity.

What services can we expect in the Phenix Vault?

Here are some of the amazing and secure features investors and project owners can expect within the Phenix Vault:

• Customizable token vesting

• Multi-signature contract

• Easy-to-use user interface

• Blockchain activity monitoring

• 1-Click customizable token creation

• Secure and customizable token launchpad

• Rug alerts

How does this benefit the project and our investors?

The Phenix Vault is a unique DeFi offering that will gain a lot of traction from investors and project owners in the crypto space. The fees associated with the use of different aspects of the dApp will be used to aid developments to the entire ecosystem to bring it to new heights. As an investor, Phenix Finance's success will also be your success.

Getting to know the Phenix Vault MaaS User Interface

The Phenix Vault Multi-signature wallet Interface is extremely simple and easy to work around for all wallet owners.

The MaaS UI is divided into different sections that make up for all of the information related to your wallet settings, assets, owners, and transactions.

The upper section of the UI represents a base summary of your current Phenix Vault Multi-signature wallet which includes the following information:

• Wallet Valuation (USD)
• Number of Owners

  • The number of owners your Multi-signature wallet has been configured to use during operation.

• Number of transactions

  • The total number of transactions that have been submitted via the Phenix Multi-signature UI.

• Wallet Type

  • The current type of Phenix Vault Multi-signature wallet is in use.

The second section of the Phenix Vault Multi-signature wallet UI is the "Your Assets" section. Here, there will be a full list of assets that are safely stored within your wallet for use. Tokens can be simply imported into the Phenix Vault Multi-signature wallet via the UI then assets can be sent in.

The final section contains a list of actions that can be used to manage all facets of your Phenix Vault Multi-signature wallet. This includes:

• Creating New Transactions

• Managing Existing Transactions

• Managing Token Assets

• Managing Multi-sig Wallet Settings

How to create your Phenix Multi-sig Wallet?

The creation process of your very own Phenix Vault Multi-signature wallet is very simple and can be completed in a series of easy-to-follow steps.

1. Selecting your Phenix Multi-Signature Wallet Package

We currently offer two types of Phenix Vault Multi-signature wallets. The type you probably are looking for ultimately depends on your team's needs. To break it down, here are the features you can expect for each of the two following options:

• Phenix Multi-sig Wallet (Base cost: $50 USD)

  • Completely Customized Multi-Sig Wallet Creation

  • Real-time User Interface

  • Gas-free Signing (meaning no gas fee is expended when signing a transaction)

  • Safe and Secure Token and Coin Storage

  • Multiple Owner Support (up to 10 owners)

  • Saved Address Storage

  • NFT Storage (Coming soon)

  • Completely Decentralized Experience

  • Advance Wallet Functions (Custom transactions)

• Phenix Multi-sig + Transparency Wallet (Base cost: $150 USD)

  • All the features included in the standard package

  • Included Transparency-as-a-Service (TaaS)

Once you have selected your desired package, you may click the respect "Select Package" button to continue to the next step. Please also note that the payment and generation of the wallet are handled in the final step of the process where you can select between CRO or PHNX as a means to pay.

2. Configuring Multi-Signature Wallet Settings

Once you have completed the last step, you will then continue through to the Settings part of the Multi-signature wallet creation process.

At this stage, you will need the following information:

• Wallet Name

  • The wallet name is what will show up on your personalized Phenix Vault Multi-signature User Interface. We encourage you (and your team) to pick a suitable name as this cannot be changed at a later stage.

• Number of Owners

  • The number of different owners you (and your team) will be using to access the Phenix Vault Multi-signature wallet. You will configure the wallet names and addresses in the next step.

  • The number of owners needs to be between 2 and 10.

• Minimum Confirmations (Quorum)

  • The number of minimum accepted confirmations (signatures) on your transactions before that can be successfully executed on the blockchain.

  • The number of minimum confirmations needs to be between 2 and 10. The minimum confirmations cannot be higher than the number of owners.

  • Ultimately, fewer minimum confirmations increase the centrality while greater minimum confirmations reduce the centrality.

Once you have carefully decided all your settings, you may proceed to the next step.

3. Configuring Owner Information

As a next step, you will need to begin adding the owner address (individual wallet address for each of your wallet owners) and the owner name. Again, it is important to take care when entering this information as it cannot be changed after the wallet has been deployed. You will have an opportunity to go back to this step if you need to make changes to the owner's information.

The following steps need to be taken when you add the owner waller information for each of your owners:

• Acquire the wallet owner address from each of your owners (including the name they wish to be identified by on the Multi-signature Wallet UI).

• Enter the owner address and the owner name into the input fields and click the Add Owner button. You will receive an error if something went wrong while adding the address.

• If you wish to change/update an owner that you have added, you may click the "Rubbish" icon opposite the name.

Once you have added all of your owners, you will be able to proceed to the next step by clicking the next button.

4. Finalizing Multi-signature Wallet Information

As a final step prior to generating your wallet, you will need to review all of the final details of your new Phenix Vault Multi-signature Wallet.

As the final step, complete the following:

• Review the final information listed under "Wallet Configuration". Ensure all the information appears correct and if you feel as if anything is incorrect you may click the "Back" button to change any of the information as you please.

• Review all of the owners that you have added to your Phenix Vault Multi-signature wallet. You can also click (or hold) the 'i' icon to view the full wallet address so you can confirm it is correct.

• Select your method of payment for the wallet generation. You may select one of the two options:

  • Cronos (CRO)

  • Phenix (PHNX)

• Review the final cost of the wallet generation based on your selection in the previous step. Please note that if you selected to pay for the wallet generation with PHNX you will need to approve the tokens prior to continuing.

• Read and accept both T&Cs and click (or "Approve Payment" first if you're paying for the wallet generation with tokens. Once approved, click "Pay and Generate Wallet")

• Once clicking "Pay and Generate Wallet", you will need to accept the transaction (it should appear in whatever wallet you have connected to via the DApp)

6. Complete Phenix Vault Multi-signature Wallet Generation

After the transaction completes, you will be presented with a confirmation stating that your wallet was generated successfully.

You will be able to click the "View Wallets" button to view your list of generated Phenix Vault Multi-signature wallets. You and your team should see something similar to the image below in Figure 7.

You (and your team) can click on the newly generated wallet button to enter into your Phenix Vault Multi-signature Wallet User Interface.

🎊 Congratulations! You have successfully generated your Phenix Vault Multi-signature Wallet. Please continue to review more guides and information about owning and managing the Multi-signature wallet. As always, contact the team if anything is unclear or if issues are present.

What is a multi-signature wallet?

A Multi-signature wallet is a secure and advanced alternative to the standard externally owned (EOA) wallet that most individuals will use in the Defi space. The major issue with standard EOA wallets is that they pose potential threats to the funds stored as anyone with the wallet's private key can send the funds anywhere.

Individuals or teams that decide to use a normal EOA wallet are taking risks with their funds as access can be easily violated by the internal wallet owners or by an unknown third party.

A multi-signature wallet provides an interface for a number of wallet owners to sign and approve transactions before they're minted on the blockchain. This allows both project/team funds to stay safe and completely decentralized. One issue with Multi-signature wallets is that they can be complicated to set up and dangerous if they're used incorrectly. Phenix Finance offers a solution in the form of our MaaS which makes accessing a multi-signature wallet easy, affordable, and secure.

Phenix Vault MaaS Utility

The Phenix Vault MaaS allows users to generate a multi-signature wallet with up to 10 unique owners and provides access to the feature-full and advanced Phenix MaaS User interface that will allow you and your team safely and efficiently manage your assets.

Available Chains

Importing Tokens

The Phenix Vault Multi-signature wallet supports all custom ERC20 token imports on the current blockchain where your wallet resides.

All token imports can be managed directly via the Phenix Vault Multi-signature wallet user interface through Wallet Actions > Manage Assets

On this page, you will be able to import new tokens and delete existing tokens imports. All imported tokens are shared and synced across all wallet owners which reduces the time needed to setup your wallet.

Importing custom tokens is a very simple process. This can be done by simply clicking the "Import New Token" button.

In this example, we will be importing USD Coin (USDC) on the CRONOS Chain. The custom token import process is extremely similar to the process of importing a token on a normal EOA wallet (like Metamask).

Simply enter the token contract address (In our example, the token contract address of USDC is: 0xc21223249ca28397b4b6541dffaecc539bff0c59)

Once you enter (or paste) the token contract address into the field, continue to the next input field, and wait for the Token Symbol and Token Decimals to automatically load in. If these do not load in, there was an issue with the token contract address provided.

Once the information has loaded into the input fields, simply click "Import" and wait for the token to import into your Phenix Vault Multi-signature wallet.

Once completed, you should see the updated list of imported token assets. If your custom token import has data available on CoinGecko, the icon and price information will feed into the Phenix Vault Multi-signature wallet user interface.

Deleting Importing Tokens

Deleting imported tokens is very simple on the Phenix Vault Multi-signature wallet user interface. This can be done by clicking the "Rubbish" icon and then by clicking the confirmation.

What is Transparency-as-a-Service in the Phenix Vault MaaS?

Transparency-as-a-Service is a one-of-a-kind service that is integrated alongside the Phenix Vault MaaS as an add-on.

The TaaS safely and securely exposes your Phenix Vault Multi-signature wallet to a dedicated (and customizable) page within our DApp that shows the activities of your team's wallet.

What is the need for TaaS?

As we know, transparency and trust are two elements of the Defi space which are hard to come by, and by creating ease in communication with investors and community members we can empower the image of the team and create better first impressions.

By being transparent with team or project funds, you can allow your community to have a level of asset visibility that would otherwise be difficult to facilitate as most users are familiar with hard-to-decipher information on blockchain explorers.

Managing TaaS Settings

Once you have access to your TaaS Multi-signature wallet, you will be able to control what information is displayed on the Phenix Vault Transparency Page. To manage the TaaS settings, click Settings > Manage Transparency+ Settings within your Phenix Vault Multi-signature Wallet user interface.

Within the settings, you will be able to control the following information:

• Transparency+ Page Display Name

  • Allows for the owners to set a custom name for the Phenix Vault Transparency+ Page. Please ensure your team chooses a sensible name that represents your team or project.

• Transparency+ Page Status

  • Can be enabled or disabled

• Owner Names

  • Can be enabled or disabled

• Token Balances

  • Can be enabled or disabled

Managing Transactions

All submitted transactions on the Phenix Vault Multi-signature Wallet can be easily managed within the user interface.

To access the transaction management window, click "Manage Transactions" under the "Wallet Actions" section.

Once opened, you will see a summary of all submitted transactions within your Phenix Vault Multi-signature Wallet. You will be able to see a list of all owners that have signed transactions and the current status of each of the submitted transactions.

The following actions can be performed while managing transactions:

• Signing Transactions

  • As an owner, you will need to sign transactions before they can be executed on the blockchain. The submitted transactions must reach the minimum confirmations before they can be executed.

  • Individual owners can sign transactions by clicking "Sign". When signing transactions, no gas is expended.

• Executing Transactions

  • Once your submitted transactions have reached the minimum confirmations (signatures), they can be executed by all owners by pressing "Execute"

  • Please note that executing transactions costs gas at the expense of the caller.

Adding token funds into the Phenix Vault Multi-signature wallet

Sending funds into your Phenix Vault Multi-signature wallet is a simple process that matches the same process of sending tokens to any normal address.

When you wish to send tokens to your wallet, you may simply click the "Receive" button for any of the assets you wish to receive. In the example below, the page shows the information needed to receive Phenix (PHNX) on CRONOS Chain

Once the information has appeared, copy the receiver address (or alternately scan the QR Code on your chosen wallet) and send token funds as needed.

The Phenix Finance team advises sending a small number of tokens first to ensure your process of sending tokens works. You can confirm that assets have been received by checking your Phenix Vault Multi-signature wallet asset list.

Sending Tokens

Creating transactions on the Phenix Vault Multi-signature wallet user interface is a simple process that can be completed by all wallet owners.

To submit a transaction that sends tokens, this can be done by clicking the "Send" button on any of your listed token assets.

Once you have clicked, the "Send" button, the "Create New Transaction" window opens to begin the token transfer submission.

To continue with the transaction submission, you will need to define the following information:

• Transfer Address

  • The transfer address you wish to send the transaction to on the blockchain

  • You may also select a pre-defined recipient in the "Select Recipient" drop-down (Saved Address can be managed in Settings > Manage Saved Addresses)

• Transfer Amount

  • The number of selected tokens you wish to send in the submitted transaction.

  • This value cannot exceed the current balance of tokens held in your wallet (and it cannot be 0)

• Additional Note (Optional)

  • An optional note that helps make it clear as to why this transaction is being made.

In the example above (Figure 2), a token transfer submission is prepared to send 25 PHNX tokens. Once you are ready to submit your transaction, simply press the "Submit Transaction" button.

Once the transaction successfully submits, you will receive a success notification via the Phenix Vault Multi-signature Wallet user interface.

After this time, you will be able to go to Wallet Actions > Manage Transactions to see your submitted transaction.

Custom Transactions (Advance)

You may in some circumstances need more power when submitting transactions. For this, the Phenix Vault Multi-signature wallets offer the ability to send transactions with advanced settings.

Managing Owner Names

The Phenix Vault Multi-signature wallet user interface allows all owners to manage individual owner name information. This can be done by clicking Settings > Manage Wallet Owner Names within the user interface.

Changing owner names can be done by clicking the "Pencil" icon next to the current owner. Once clicked, you may enter the new name and click the "Update Name" button.

What is the Phenix Payroll System?

The Phenix Payroll System will be a revolutionary, multi-chain, and secure decentralized application that allows business and project owners to utilize the world of DeFi to manage their payroll. We at Phenix Finance acknowledge the inevitability of crypto sinking its teeth into all aspects of our lives in the coming years.

How will the Phenix Payroll System work?

The Phenix Payroll system will work by providing project and business owners with an interface to track their current balance and manage a series of automated crypto payments to all their employees with a fully integrated scheduling system. On top of this, the interface will provide an array of statistics so that informed business and project decisions can be determined in terms of resource allocations and requirements.

The user interface of the application will be super easy to use and will interact with our secure smart contracts so that everyone can utilize the amazing power of the Phenix Payroll System. More specifics in terms of information on the application will arrive as our project progresses!

The Phenix NFT Series (Flaming Phenix Club) is an ecosystem-based, Non-fungible token collection on the CRONOS chain and Polygon chain, that aims to provide powerful utility within the Phenix Finance Ecosystem.

Other than being highly rewarding and valuable assets in the Phenix Finance Ecosystem, the Phenix NFT Series will illustrate a powerful collection of 6,666 stunningly beautiful, fiery, and unique creatures that will make their mark within the CRONOS and Polygon NFT Space.

What benefits are there while holding a Phenix NFT?

The Phenix NFTs will be an aspect of our ecosystem that will live on forever with a multitude of utilities that will increase as our ecosystem continuously expands. Here are some of the benefits we have set out for our Phenix NFT holders.

• One-of-a-kind Phenix NFT

  • You're very own, unique, PFP Style Phenix NFT that you will hold complete IP rights of while you hold it. Wear it with pride!

• Phenix NFT Staking Pool

  • Premium NFT Staking Pool that rewards stakeholders in PHNX Token

• Access to the free weekly Flaming Phenix Mystery Boxes

  • Open weekly mystery boxes for free with your FPC NFT for prizes in PHNX, CRO or Matic.

  • You'll also receive a discount on all paid Phenix Mystery Boxes

• Phenix Lotto Pool Chance Multiplier

  • Have increased chances of winning the weekly draw while participating in the Phenix Lotto Pool! For each FPC NFT You own, you'll increase your tickets by 1% in the Phenix Lotto Pool (1.01x increase per NFT)

• Reduced Fees on all Phenix Finance DApps!

  • As our ecosystem expands, holding a Phenix NFT will be your key to reduced fees on all our decentralized services and applications (PHNX Token fees will NOT change for NFT Holders)

• Early Access!

  • Gain early access to upcoming releases within our ecosystem!

• And much more to come!

  • Our ecosystem will constantly be changing which gives us the opportunity to provide even more amazing utility and access to our Phenix NFT holders! It's an NFT that packs a punch!

  • We are also looking to have an NFT Multiverse experience (in the form of a DeFi game). More information to come on this addition.

What network/chain will the Phenix NFT Series be on?

The Phenix NFT Series will be on the CRONOS Blockchain initial and from 25 November 2022 on the Polygon Chain. The Phenix NFT Series may span cross-chain if needed. This will be evaluated as our ecosystem and project expands and grows.

KYC by Phenix

Phenix Finance KYC Services allow projects to demonstrate a level of trust between the owners and their community without (public)sharing personal information and sacrificing the safety of people engaging in the KYC process.

Safety

All assets and information collected during the KYC process are stored in a multi-layered file encryption solution which can only be accessed by the Phenix Finance Core team. This means your information is never released to the public unless a legal violation occurs.

Phenix Syndicate

'KYC by Phenix' projects are able to participate in Phenix Syndicate. Phenix Syndicate includes cooperation with other KYC by Phenix Projects and support from the Phenix Finance core-team.

What is the Phenix Referral Program?

The Phenix Referral Program (PRP), is a unique offering on the Cronos Mainnet and Polygon chain that allows users and investors to support our community and ecosystem by referring other investors to purchase PHNX Token. Unlike other referral systems or programs in DeFi, the PRP offers high-level rewards for your effort, which are ever-evolving and scaling depending on your commitment.

How will the Phenix Referral Program work?

How will rewards work for the Phenix Referral Program?

Rewards for the Phenix Referral Program will be paid/claimed directly in PHNX on either Cronos Mainnet or Polygon Chain (depending on where the referral purchases are made). The number of rewards you receive in PHNX is dependent on the following factors:

• The number of referrals made via your Referral Link.

• The amount being spent via your Referral Link.

• Your current Referral Rank.

The general idea is that the more referrals you make, the more rewards you gain. On top of this, the more referrals you make, the higher your rank increases. Here are the following referral ranks in place:

• Level: 1

  • 0.5% direct commission in PHNX

  • Starting level for all users

• Level: 2

  • 1% direct commission in PHNX

  • Unlocked after accumulatively referring $500 USD

• Level: 3

  • 1.5% direct commission in PHNX

  • Unlocked after accumulatively referring $2,000 USD

• Level: 4

  • 2% direct commission in PHNX

  • Unlocked after accumulatively referring $3,500 USD

• Level: 5

  • 2.5% direct commission in PHNX

  • Unlocked after accumulatively referring $5,500 USD

• Level: 6

  • 3% direct commission in PHNX

  • Unlocked after accumulatively referring $10,500 USD

  • 1x Glowing Mystery Box for every $1,500 referred

• Level: 7

  • 3.5% direct commission in PHNX

  • Unlocked after accumulatively referring $18,000 USD

  • Upgraded to 2x Glowing Mystery Boxes for every $1,500 referred

• Level: 8

  • 4% direct commission in PHNX

  • Unlocked after accumulatively referring $25,500 USD

  • Upgraded to 1x Epic Mystery Box for every $1,500 referred

  • Receive 1x FPC NFT for every $2,500 referred

• Level: 9

  • 4.5% direct commission in PHNX

  • Unlocked after accumulatively referring $35,500 USD

  • Upgraded to 1x Mythic Mystery Box for every $1,500 referred

  • Receive 1x FPC NFT for every $2,500 referred

• Level: 10

  • 5% direct commission in PHNX

  • Unlocked after accumulatively referring $50,000 USD

  • Upgraded to 2x Mythic Mystery Box for every $1,500 referred

  • Receive 1x FPC NFT for every $2,500 referred

• Level: 11

  • 5.5% direct commission in PHNX

  • Unlocked after accumulatively referring $85,500 USD

  • Upgraded to 3x Mythic Mystery Box for every $1,500 referred

  • Receive 1x FPC NFT for every $2,500 referred

• Level: 12

  • 6% direct commission in PHNX

  • Unlocked after accumulatively referring $150,000 USD

  • Upgraded to 4x Mythic Mystery Box for every $1,500 referred

  • Receive 1x FPC NFT for every $2,500 referred

How do the fees work when PHNX is purchased via a Referral Link?

To incentivize the use of Referral links, the base 10% BUY fee that PHNX token has will be reduced to a 7% BUY fee when PHNX is purchased via a Referral Link.

General Rules

Here are some of the general rules that surround the Phenix Referral Program:

• Do NOT post your referral link directly in social groups like Discord or Telegram. You may add your referral link in your Bio / Description or post your link in dedicated referral link groups.

• You may purchase through your referral link via another wallet if you desire. We will not impose or issue any punishment for doing this, as there is no way to prevent this from happening.

• The entry requirement for the Phenix Referral Program may change at any time (as the token price does change). If you are already in the referral program, your status will NOT change.

• New Referral Ranks may be introduced at any time, and fees for referral ranks may change due to the addition or removal of ranks.

What are the Phenix Mystery Boxes?

The Phenix Mystery Boxes are an exciting and rewarding new element of the Phenix Finance Ecosystem which integrates both the PHNX token and the Flaming Phenix Club NFT Collection.

The boxes contain different prizes which consist of PHNX Tokens, Cronos (CRO), and even a chance for an FPC NFT. All boxes are classified as their own tier and contain their own set of prizes and costs for opening. The Phenix Mystery boxes can be acquired via the Phenix Finance DApp and require either Phenix Tokens, Cronos (CRO), or an FPC NFT to open (Depending on tier)

Phenix Mystery Box Tiers

On the release of the Phenix Mystery Boxes, there will be 4 exciting box tiers that contain different rewards and costs. Here is an overview of the different box tiers:

Flaming Phenix Box (Tier: 4)

Glowing Box (Tier: 3)

Epic Box (Tier: 2)

Mythical Box (Tier: 1)

*RTP% (Return to player) calculations based on test simulations of 10000000 boxes being opened. RTP should not be used as an accurate representation of returns while operating box openings and should be used as a guide for the theoretical level of fairness.

How to open Phenix Mystery Boxes

You will be able to pick from any of the boxes under the "Purchase Boxes" section after connecting your wallet to the Phenix Finance DApp;

Box Opening Fees

As of now, there is a 1 CRO fee when opening any amount of boxes (including the Free Weekly Flaming Phenix Box).

As we utilize a dedicated server for drawing the box results and distributing prizes, this additional fee covers the cost of any gas expended + utility costs.

On the CRONOS Chain, you can expect an additional fee to be around 1.7 CRO to 1.9 CRO in total (0.2 CRO - 0.4 CRO in Gas + 1.5 CRO Fee = 1.7 CRO - 1.9 CRO) regardless of any amount of boxes that you are opening.

For example, if you were to open 10 Mythical Boxes, you would be paying the cost of the boxes (depending on if you're paying with PHNX or CRO), and the 1 CRO Additional Fee + Gas Fees. You do not need to pay the additional 1 CRO fee for each box during your purchase.

FPC NFT Holder Discounts

As an FPC NFT Holder, you'll receive up to 5% off the purchase cost of all paid Phenix Mystery Boxes. The discount rate is 1% pet FPC NFT Owned and a max discount of 5% can be acquired.

Important Notes

Phenix Mystery Boxes are chance-based and inherently involve a level of risk which is associated with gambling. Please manage your own risk when participating in the Phenix Mystery Boxes and know that you hold complete liability for your actions which may lead to potential gains or losses.

If your country requires a prize declaration or other (legal) requirements, the player is responsible for any declarations or requirements.

Over the lifetime of the Phenix Mystery Boxes, they will be subject to alterations with may result in buffs or nerfs to specific rewards. The Phenix Finance team may also introduce new additions and rewards as development progress.

If you come across any issues or have any questions about the Phenix Mystery Boxes, we highly advise that you contact your team first before participating in the Phenix Mystery Boxes.

The information provided on this website, in our groups, and on our social media platforms does not constitute investment advice, financial advice, trading advice, or any other sort of advice. The Phenix Core Team is not responsible for your loss. Investing is always at your own risk. Our content/information is indicative and subject to change.

The Phenix Core Team can’t provide any guarantees. Crypto trading is a ‘high-risk’ investment. The price of cryptocurrencies is very highly volatile. Only invest money that you are willing to lose. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

By Purchasing or holding Phenix Tokens you declare that you have done your own research, that you are responsible for your own investment, and that you agree with our terms and conditions.

Quarter 1

• White-paper and Roadmap release.

• Phenix Finance Website release.

• Initial marketing push to build up communities.

• Contract Auditing + Testing Finalized

• PHNX Token contract deployment

• Phenix Vesting Vault contract deployment (2-year lock)

• PHNX Token private sale.

• PHNX Token public pre-sale

• PHNX Token public release.

• Coin Gecko Token Listing.

• Coin Marketcap Token Listing

• Crypto.com DeFi Wallet Listing

• Partnership AMAs

Quarter 2

• NFT Announcement

• Phenix Finance Dashboard app release

• Phenix NFT Series release

• Phenix Lotto Pool (PLP) release

• Solidity Finance Audit

• Flaming Phenix Club NFT Staking Pool

Quarter 3

• Phenix Vault: KYC Services

• Phenix Vault: Multi-Sign-as-a-Service (MaaS)

• Phenix Mystery Boxes Release

• Phenix Finance: Dashboard DAPP Multi-chain Access

• KYC by Phenix as-a-Service

Quarter 4

• Phenix Token Launch on Polygon Chain

• Coin Gecko and Coin Marketcap listing Polygon Chain

• Flaming Phenix Club NFT Polygon Launch

• Flaming Phenix Club NFT Staking Polygon

• Phenix Finance World Cup NFT mint-event

• Eco-system extending Polygon

• Phenix Vault: Customized Token Vesting Vault

• Phenix Finance: DEX (Decentralized Exchange) Announcement

What is the Phenix DEX?

Phenix DEX is a cutting-edge decentralized exchange that has made its mark in the thriving DeFi space. It operates on both the Cronos Mainnet and Polygon POS Chain, offering a diverse range of tokens for trade at minimal fees.

As a key component of the Phenix Finance Ecosystem, the Phenix DEX boasts unparalleled utility and promises to revolutionize the DeFi experience.

Where can I access the Phenix DEX?

How can I swap tokens on the Phenix DEX?

How can I configure settings for my swaps on the Phenix DEX?

Easily manage your Phenix DEX settings by clicking on the "Settings" cog icon located in the top right corner of the user interface. This provides you with an overview of the connected user and displays your current CRO/MATIC and PHNX balances. From here, you can adjust various settings such as slippage, transaction deadline, swap speed, and more.

Are there any fees for trading on the Phenix DEX?

The Phenix DEX charges one of the smallest fees in the DeFi space on both Cronos Mainnet and Polygon POS Chain. All swaps made incur 0.15% of the trade.

0.10% of this fee is allocated to liquidity providers as a reward for supporting the Decentralized Exchange. 0.05% of this fee is allocated to the Phenix Finance project team. These funds will be used for project development, buybacks and burns, and community events.

What is "Liquidity"?

Liquidity refers to the availability of assets to be bought or sold in a market without causing significant price movements. In a decentralized exchange, liquidity is provided by individuals who add their assets to a pool, making them available for others to trade. The more assets are added to a pool, the higher the liquidity of that particular token becomes, making it easier and faster to execute trades without affecting the price. High liquidity in a decentralized exchange is crucial for ensuring smooth and efficient trading.

How can I add/create liquidity on the Phenix DEX?

Why should I add liquidity to the Phenix DEX?

Enhance your trading experience and earn rewards with Phenix DEX. By providing liquidity for token pairs, you're supporting seamless trading for all users. Enjoy a generous 0.10% of all trades returned to you, proportional to your share in the liquidity pool. By adding your tokens to our DEX's liquidity pools, you'll not only support the platform but also earn passive income from trading fees. And, the best part - you can easily remove your tokens at any time, without incurring any fees. Maximize your token potential with Phenix DEX today!

Setting Royalties on the Phenix NFT Marketplace as a Project Owner

1. Head to the following address on your wallet that has ownership of the NFT Contract:
2. Click "Connect to Web3" at the top of the page

3. Head to the "SetNftRoyaltyFeeAsOwner" Function.

4. Fill in your details as follows and click "Write" (note: a small gas fee will be required to set the royalties).

5. The nftContract field should be the contract address of your NFT Collection.

6. The feeReceive address should be the address you would like to allocate to collection royalties from (this can be the address you're using or any other address you wish to use)

7. The royaltyFeePercentage is the percentage value you wish your royalties to be for your collection.

8. The royaltyFeeDenominator can be used to set a more precise royalty fee.

9. For example, for a 6% Royalty Fee, you would set the royaltyFeePercentage to 6 and the royaltyFeeDenominator to 100

Notes

• The maximum royalty percentage is 10% on the Phenix NFT Marketplace.

• Keep in mind that your royalty fee is taken at the expense of the seller. Higher royalty fees may discourage people from listing your NFTs.

Quarter 1

• Phenix Finance DEX (Decentralized Exchange) Cronos Chain

• Phenix Finance DEX (Decentralized Exchange) Polygon Chain

• Phenix DApp UI Upgraded

• Phenix Finance Token launchpad

• Phenix Finance NFT launchpad

• Phenix Finance farms Cronos Chain

• Phenix Finance farms Polygon Chain

• Phenix Finance Farms NFT multiplier

Quarter 2

• Phenix Finance vaults Cronos

• Phenix Finance vaults Polygon

• Phenix Finance Royalty Club System

• NFT Marketplace Cronos Chain

• NFT Marketplace Polygon Chain

• Phenix Finance Lotto Cronos Chain

• Phenix Finance Lotto Polygon Chain

Quarter 3

• Phenix Finance Mystery boxes V2 Cronos

• Phenix Finance Mystery boxes V2 Cronos

• Portfolio integration DEX

• Phenix Finance Metaverse Announcement

• Phenix Cross Chain Swap

Quarter 4

• Phenix Finance payroll system Beta

• Phenix Finance vaults: Token as a service

• Metaverse beta release

• More: soon