PhoenixCo Token price

XPHX

#6406

As a blockchain-based investment company, we are trying to use our resources to profit from the crypto market, we're using our native token XPHX also to provide an instrument for our community to join us in reaching this in the long-term. In our platform we provide instant swaps between various cryptocurrencies with zero fee centralized chain bridge. The XPHX stake mining is also partially done through our platform and +500 of our stakeholders are actively staking on the platform. We help our VIP users by providing risk management advice and portfolio management. PhoenixCo Token(XPHX) is the native token for the PhoenixCo ecosystem. The benefits of holding and using XPHX:

• Acquiring generous mining rewards; 33% of XPHX's total supply will be distributed among token holders and liquidity providers to DEX markets. This is a great way for the community to participate in XPHX mining until 2029.
• Participate in NFT campaigns and receive token drops.
• Use XPHX tokens as a service fee for accessing the VIP services
• XPHX is the main liquidity backing token for xphxco.org partnership listings with other crypto companies and projects.
• Benefit from decentralized on-chain holders' reward on every XPHX transaction on BSC and Polygon
• [In the future] it can be locked as collateral for lending and borrowing
• [In the future] it will be one of the key elements of our own Stablecoin
• [In the future] will have new burning mechanisms as we progress through token emission and staking road-map

XPHX first appeared on BCH blockchain as a SLP(Simple Ledger Protocol) token to get used within the small community of newly born PhoenixCo. As time progressed, in mid-2021 we updated our platform to the new face with more functions such as Swap , Saving, and XPHX Staking which then users could stake their tokens and mine new ones into circulation for their delegation. Before this era, we had weekly token airdrops for the holders to distribute the mining allocation fairly. We introduced XPHX on Binance Smart-chain as part of the roadmap in late 2021 which coincided with the blow-up top of the crypto market at that time. On Binance-Smart chain XPHX has the most liquidity and activity. Since Jan 2023 we've launched several DeFi stake minings for yield-farming XPHX with different coins and tokens as pairs for diversification to improve the liquidity and to engage our community to further participate in building the ecosystem, thus contributing to decentralization factors of the project. Currently, several mining contracts are live for XPHX and PHDAO(Governance Token) on BabydogeSwap.com and Dodoex.io as well as old fashioned xphxco.org stake mining. As for the On-chain benefits of holding XPHX the 2% holder tax can be mentioned on Binance Smart-Chain.