Autovaults are now live on Pharaoh!
xPHAR is powerful, but we know manual voting isn’t for everyone.
That's why we're giving you this new option: stake xPHAR, select a receive asset, and let the vault autovote like p33.
Your vote output is converted directly into your selected asset.
Drop a 'long live V3' once you’ve tried it out: https://t.co/2qhfPStCWP
If you launch a token on Avalanche, it will probably fail.
If you launch a token on Avalanche through a DEX other than @PharaohExchange it will definitely fail.
Thanks for your attention to this matter.
A lot of new users look at emissions and wonder how sustainability works, but epoch 4 made it clear: surplus revenue went straight to voters with zero dilution.
Pharaoh Founder @LHBcrypto provides an in-depth breakdown of epoch 4. 👇
+343,000,000 $PHAR burned: That’s $15.8 M.
PLUS, The highest APRs on @avax. 🔺
Pharaoh continues to lead Avalanche in real yield and governance depth:
$90M in volume.
$251,480 in next week’s LP incentives.
Half of all voting power now held by p33.
The burn has only just begun. Long Live Pharaoh V3.
+343,000,000 $PHAR burned: That’s $15.8 M.
PLUS, The highest APRs on @avax. 🔺
Pharaoh continues to lead Avalanche in real yield and governance depth:
$90M in volume.
$251,480 in next week’s LP incentives.
Half of all voting power now held by p33.
The burn has only just begun. Long Live Pharaoh V3.
you bitched, "The PHAR price is too high!" so we lowered it while losing no value
you said, "I hate locks! locks are scams!" so we removed them and allowed the same governance
you whined, "i didnt know about pharaoh when it launched! im too late!" so we relaunched everything
If you have any complaints now, please DM me so I can send you a video I found from an avax influencer last week
Today is the day @PharaohExchange sheds the old and brings the new for @avax .
We had so much success on v2 launching at 3 avax per token now sitting at 10 avax with an ATH of 50 AVAX per $PHAR. We are nearly 2 years old with an inflationary token and still above launch price.
Launching was such a nerve wracking experience but was one of the greatest things I've done to date. So many holders and liquidity providers have shared the pie of massive fees and emissions driving us from a top 10 DEX on the chain to the number one at some points.
We made millionaires on chain.
I wanted to take a second and thank the Avalanche community for putting trust in our team and helping us achieve so much.
V3 brings in so many unique concepts and features we are ready to run it all back and I hope that if you weren't paying attention then you are now.
Long live Pharaoh v3.
UPDATE!
Pharaoh V3 migration will now begin October 8, alongside the first epoch:
• LPs will continue to earn on V2 until the 15th of October
• xPHAR voting and bribes go live on V3 in the first epoch
To vePHAR voters: your vote on Oct 8 matters.
The fees you vote on next week will influence how V3 earns during the first epoch.
Thanks for your patience! We're taking the extra time to ensure a seamless transition and a strong start to V3.