Phoenix (PHB) Price, Charts, Market Capitalization
Phoenix (PHB) Graphics
Phoenix (PHB) is an ERC-20 governance and utility token at the heart of the Phoenix Finance ecosystem. Designed to deliver automated market maker (AMM) pools, deflationary tokenomics, and community-driven governance, Phoenix empowers users to earn staking rewards, provide liquidity, and help steer the platform’s growth.
🔥 What Is Phoenix (PHB)?
Phoenix Finance is a decentralized exchange (DEX) platform built on Ethereum, offering permissionless trading, liquidity pools, and yield farming. The PHB token fuels every aspect of the ecosystem:
- Governance: PHB holders vote on fee structures, new pools, and protocol upgrades.
- Utility: Used to pay platform fees at a discount and to access exclusive vaults.
- Incentives: Rewards liquidity providers and stakers with additional PHB.
⚙️ How Phoenix Works
- Liquidity Provision: Users deposit PHB + ETH or PHB + stablecoin into AMM pools.
- Fee Generation: Each trade incurs a small fee distributed to liquidity providers.
- Yield Farming: By staking LP tokens, users earn boost rewards in PHB.
- Staking Vault: Lock up PHB directly to earn a share of protocol fees.
- Governance Voting: Locked PHB grants voting power on Phoenix DAO proposals.
✨ Key Features of Phoenix (PHB)
- Automated Market Maker (AMM): Enables trustless swaps with deep liquidity pools.
- Deflationary Mechanism: A portion of each fee is burned, reducing total supply over time.
- Tiered Fee Discounts: PHB stakers receive reduced swap fees based on stake size.
- Phoenix Vault: A high-yield staking contract that redistributes protocol revenue to stakers.
- Cross-Chain Bridge: Plans to support Ethereum Layer-2 and other EVM chains.
📊 Phoenix (PHB) Tokenomics
| Metric | Value |
|---|---|
| Ticker | PHB |
| Blockchain | Ethereum (ERC-20) |
| Total Supply | 200,000,000 PHB |
| Circulating Supply | 120,000,000 PHB |
| Deflation Rate | 1% of fees burned |
| Utility | Staking, Governance, Fee Discounts |
📈 Market Performance
Since its launch, Phoenix (PHB) has maintained strong liquidity and trading volume on major DEXs and CEXs. Although PHB’s price fluctuates with broader DeFi market trends, its deflationary burn and growing staking pool have supported long-term value stability.
🚀 Use Cases & Real-World Applications
- Liquidity Mining: Earn PHB by supplying capital to ETH/PHB and USDC/PHB pools.
- Staking Rewards: Lock PHB in the Phoenix Vault for passive income and protocol fee shares.
- Governance Participation: Vote on parameter changes, new pool listings, and roadmap initiatives.
- Fee Optimization: Reduce swap fees platform-wide by staking PHB and reaching fee-tier thresholds.
✅ Pros and ❌ Cons
Pros
- Decentralized Governance: True DAO-style decision-making.
- Deflationary Tokenomics: Continuous supply reduction via burned fees.
- Strong Incentives: Competitive APYs for liquidity providers and stakers.
- User-Friendly UI: Intuitive dashboard for swaps, farming, and voting.
Cons
- Market Volatility: PHB price tied to overall DeFi sentiment.
- Smart-Contract Risk: AMM protocols carry inherent security considerations.
- Competition: Faces rivals like Uniswap, SushiSwap, and emerging AMMs.
💡 How to Buy Phoenix (PHB)
- Create a Wallet: Install MetaMask or Trust Wallet configured for Ethereum.
- Fund with ETH or USDC: Purchase on major exchanges (Binance, Coinbase).
- Connect to Phoenix Finance: Visit the Phoenix DEX app and connect your wallet.
- Swap for PHB: Execute a trade on the ETH/PHB or USDC/PHB pair.
- Stake or Farm: Deposit PHB or LP tokens in the Phoenix Vault or farming pools.
🔮 Future Outlook
Phoenix Finance plans to expand with:
- Layer-2 Integration for faster, cheaper transactions.
- Cross-Chain Support to include Binance Smart Chain and Polygon.
- New Farming Pools with partner tokens and dynamic APYs.
- Advanced Governance Tools for real-time DAO voting.
🏁 Conclusion
Phoenix (PHB) stands out as a comprehensive DeFi token, combining AMM liquidity, deflationary economics, staking rewards, and community governance into a unified ecosystem. Whether you’re seeking passive yield, low-fee swaps, or a voice in protocol decisions, Phoenix Finance offers a robust and user-centric platform to participate in the future of decentralized finance.
About Phoenix (PHB)
| Information Type | Details |
|---|---|
| Symbol | PHB |
| Network | BNB Smart Chain (BEP-20) |
| Website | phoenix.global |
| Explorers | BscScan, Etherscan |
| Community Platforms | Twitter, Telegram, Medium |
| Market Cap | Approximately $60 million USD (varies) |
| Circulating Supply | ~62 million PHB |
| Total Supply | 64 million PHB |
| Categories | AI, Data Services, Web3 |
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