Here are some important things you need to know about the $PHB token.
๐น PHB is the native and utility token of Phoenix Global, a blockchain solution that comprises of an array of the next generation of consumer applications on the blockchain.
๐น PHB is currently trading on Binance and Huobi exchange, including BSC-based decentralized exchange
๐น PHB is issued into circulation via staking rewards.
๐น$PHB is available in about nine different markets
๐น Phoenix Global comprises APEX Network and Red Pulse Phoenix team, which came together as a result of a merger.
๐Tokenomics๐
๐ฐ$40 million Market Cap
๐ฐ3.65 billion PHB in circulation
๐ฐ10% Inflation Rate per year
โ In the future, the plan is to introduce more deflationary mechanisms to stabilize the supply of PHB.
๐ฆ Token Deflation
๐น 5% redirected to users
supporting Phoenix Global by running nodes/staking
๐น 5% burned
๐ฆ PHB Staking Rewards
๐น Carbon | 0 PHB < 100,000 PHB = 100%
๐นGenesis | โฅ 100,000 PHB < 1,000,000 PHB = 125%
๐นPlatinum | โฅ 1,000,000 PHB < 5,000,000 PHB = 150%
๐นZirconium | โฅ 5,000,000 PHB < 10,000,000 PHB= 175%
๐นDiamond | โฅ 10,000,000 PHB and above = 200%
๐ฑSocial Links
๐ Website: https://www.phoenix.global/
๐ Twitter: https://twitter.com/Phoenix_Chain
๐ Telegram: https://t.me/APEXcommunity
https://bscscan.com/token/0xdff88a0a43271344b760b58a35076bf05524195c