$PHNX is a deflationary token on Radix
What is better than a limited supply? A reducing supply!
One of the main advantage of Bitcoin is that it has a limited supply. And what is better than a limited supply? A reducing supply!
Our tokenomics model is a deflationary model through burn mechanisms and more importantly buy back and burn mechanisms.
A deflationary supply is the best way to give value to the token holders. In that regard, buy back and burn is simply the must, because we buy $PHNX from the market, hence increasing de facto its price, then we burn the tokens, leading to a reduction in supply. This allows us to continually add buying pressure on $PHNX and reduce the supply.
How we do that?
The Phoenix project is making revenues on Radix and outside Radix: 50% of the revenues are to weekly buy back and burn and 50% to weekly invest in the PHNX Strategic Investment Fund.
What does the Phoenix team do to benefit its holders?
2) Weekly burns to cut supply
3) Weekly investments to generate passive incomes
4) Constant building and delivering for organic growth
OUR HOT TEAM
Worst case scenario, I'll buy out Radix...
@TheCadorXRD
Asa
I made the mistake to tell the team that coding was more than a hobby, since then they expect me to create the next Google. Help!N/A
@NonoXRD
@IupTutu
@RequinTyrex