BURN, BABY, BURN
Voluntary burn
Join us in our mission to enhance scarcity and increase the value of $PHNX for our community!
LP rewards burn
From the outset, our team invested $10,000 into the liquidity pool (LP) and has maintained the largest LP position for the $XRD/$PHNX pair, leading to substantial LP revenues.
We implemented a weekly burn process where we remove our share of the pool trading fees and use them to burn $PHNX tokens.
This strategic initiative ensures a consistent reduction in supply, amplifying the scarcity and potential value of $PHNX.
Trading to buy back & burn
Within the Phoenix team, our skilled traders are not just experts—they're educators. We're here to share invaluable trading insights and make winning trading calls.
First lesson? We play big, but smart: NO LEVERAGE! We dominate in spot trading.
With our trading prowess, we'll strategically use 50% of our profits to scoop up $PHNX from the market, driving up demand and pushing prices higher. Then, we'll burn those tokens, reducing supply like no other. The other 50% go into our Strategic Investment Fund!
Weekly burn reports
Add fuel to the fire!
More groundbreaking burn mechanisms are on the horizon, designed to set new standards in tokenomics. While our current strategies demonstrate our commitment to value enhancement, we're not stopping there.
Our team is gearing up to unveil additional burn mechanisms that will revolutionize the $PHNX ecosystem. These forthcoming strategies will be bold, innovative, and strategically crafted to drive scarcity and maximize value for our community of holders.