$PHNX - Burn to Earn
Innovating with a Deflationary Model π | Weekly Burns π₯ | Maximizing Value for Holders π°
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Youβve got some $xrd sleeping in your wallets? Put them at work and stake them on the $PHNX node to earn a 6.81% APY (as of tonight). The best part? We do not take any fee! πΈ
Click here for staking on our node >>
https://t.co/bnrDnQsJsU
π¨ COMING SOON: Another buy back and burn scheduled for later this month!
The Phoenix rises from its ashes, but these tokens never will.
Stay tuned, burners! π₯
π₯ NEW BURN - Monthly Report π₯
Over the last 30 days, we've eliminated 10,182,102 $PHNX:
182,102 $PHNX from team LP rewards
10,000,000 $PHNX from voluntary burn program
The fire keeps burning! π§΅
@fuserleer Talking about us? π
Beyond the joke, 100% agreed with what you say - ETH has seen limited ground breaking evolutions lately hence why it has never been able to actually compete with Bitcoin!
Since the beginning, we burned 314,413,320 $PHNX + 3,630,527 $PHNX lost (sent to the unofficial burn wallet of Radix). So, in total, 318,043,847 $PHNX have already been withdrawn forever. That represents 35.78% of the original total supply.
Over the last 30 days, we burned 30,396,411 $PHNX: 229,998 PHNX from the LP rewards of the team + 166,413 PHNX from the buy back and burn + 30,000,000 PHNX from the voluntary burn.
π₯ Just burned 1.3M $PHNX! Total burned: 287.6M PHNX (32.36% of original supply)
π Added 4,500 $XRD to Strategic Investment Fund (now 109,780 XRD)
100% circulating supply β‘οΈ Supply will only decrease from here! π
β‘οΈ $PHNX is now one of the @radixdlt tokens with absolutely no reserved supply.
Every token is in circulation.
Every token is in the market.
This is what true decentralization looks like.
π₯ MEGA BURN EXECUTED π₯
We just burned our ENTIRE marketing wallet: 36,935,479 $PHNX
This isn't just another mega burn. This one changes everything...