$PHNX Staking

PHNX staking

You can stak your $PHNX tokens on DefiPlaza buy following this link:


STAK $PHNX ON DEFIPLAZA


As we have a deflationary model, $PHNX stakers will win twice: on the earnings from their staking position and on the decrease of the supply.

There is no blocking period: you can unstake at any time. Interest (rewards) are distributed every week. There is no need to claim your rewards every week. In fact, they are automatically added to your staked tokens (auto-compound). So, every week, your number of tokens increases and you generate interest on your interest (compound interest).

To sum up :

1) Stake and unstake very easily your $PHNX.

2) No blocking period: you can unstake your tokens at any time.

3) Your weekly interest is automatically added to your staked tokens.

4) Your amount of $PHNX increases every weeks while the circulating supply decreases every week.

Staking tutorial


How to stak and unstak on DefiPlaza (this tutorial is in French, one in English is coming very soon).