THE WORLDS FIRST LIQUID BACKED BURN REWARD TOKEN
BE SAFE Copy and Paste this contract when buying $PHENIX on Pancake Swap:
Earn Embers on every transaction
Earn bonus Embers from the burn
$PHENIX has a 5% transaction fee on all transactions that benefits all $PHENIX holders. These fees are used to create an incentivized token model that is deflationary, value backing and reward yielding. The fee is broken up into three parts called "Embers," described below.
3% fuels the fire for the Burn and Ember Reward mechanism that benefits all $PHENIX holders
1% is sent automatically to the BNB / PHENIX liquidity pool on Pancake Swap in equal parts
1% Is liquidated into $USDC and is locked in a multi-sig address. This creates backing and allows $PHENIX to grow in value over time that can be verified on the blockchain
What are Embers?
An "Ember" is simply the name used to describe the reward and incentive mechanism behind $PHENIX. The $PHENIX smart contract utilizes 5% of each transaction for three "Ember" functions.
How to buy $PHENIX
How to earn from the burn?
$PHENIX has a burn wallet that is designed to add a deflationary component to the network. The tokens sent to the burn wallet are gone forever as this wallet has no private keys. The burn wallet accumulates embers in the form of $PHENIX on every single transaction. Consequently, it is the network's largest holder of tokens.
So how can holders benefit? At various times and on an indefinite basis, PHENIX's burn wallet will be randomly and promotionally blacklisted from receiving embers. This results in a large bonus - of what would have been burned embers - that are now redirected to $PHENIX holders instead of the burn wallet.
After a period of time, the burn wallet will be reactivated in order to perform its task of reducing inflation by removing tokens from the circulating supply.
EARN BURN REWARDS
The Vision of PHENIX is to be the most utilized and adopted liquidity backed Burn reward Protocol. PHENIX has a 3% Ember reward function on all transactions. It also has a randomized burn reward that increases Embers to all holders during the randomized burn wallet freeze.
Another unique feature of PHENIX is that it liquidates 1% of each transaction for $USDC that is locked in a multisig wallet. This is done so that PHENIX can acrue additional value that is not subject to speculation.
A burn function increases value on any network. But if that wallet is randomly turned off, then all of its usual share is redistributed to the holders. Thus increasing network incentives for the community. Which in return encourages locking up supply to receive the rewards, leading to more network value.
A large circulating supply has been designed into $PHENIX as a control measure for growth and adoption.
The large supply allows the burn mechanism to cause a deflationary measure that can eventually meet an equilibreum with the demand in the market.
Once enough adoption and sustainable network growth are acheived the burn function will be used less frequently allowing the holders to earn a maximim benefit from volume transacted with $PHENIX.
Fair launched July 13, 2021
Total PHENIX Burned
The development team of PHENIX are avid crypto enthusiasts. We understand the risks and have witnessed 1st hand for many years.
This is why we committed to fair launching through the most trusted 3rd party launchpad DXSALE. The fair launch allowed the community to participate in the presale. All BNB raised was sent to Pancake swap Liquidity Pool and locked for 4 years.
All network Liquidity pool fees are transparent and easily tracked from the Binance Scan block explorer. The LP1 address will send PHENIX to swap for BNB and provide increasing liquidity. The LP2 address will send PHENIX to swap for USDC, from there it is then sent to a liquidity pool which then earns APY and compounds, continuously growing real liquid backing.
No rug pulls here, full transparency. Just a strong community with one collective goal.
- Deploy $PHENIX on Binance Smart Chain (ACCOMPLISHED)
- List $PHENIX on Nomics and Coingecko
- PHENIX will continue to pursue listing on more exchanges. With a goal of 20 this year.
- Grow $USDC backing to $1,000,000
- Grow community to 5,000 holders
Because this is a fair launched community driven token the team will only focus on listings as a priority and completely allow the community to have full responsibility for the growth and adoption.