About PHOENIX
Phoenix is a hyper deflationary protocol built on top of Inferno and functions as a staking whale in three separate Titanx projects: Blaze, Flux, and Titanx. Rewards received are used to maintain the stakes and fuel the Phoenix buy&burn. This buy&burn will route through Inferno first before buying Phoenix off market. The Phoenix brought off market is split 50/50: half is burnt, and half is sent to an auction balance where 1% of the balance is auctioned off daily for Titanx. Titanx received is recycled back into Phoenix.
The Staking Trinity
Phoenix will have partial ownership in three staking protocols. The rewards received will be split between maintaining the stakes and fueling the Phoenix buy&burn / buy&bid.
Titanx stake- 20% of all Titanx that enters Phoenix through the mint phase will be max staked.
Flux stake- 28% of all Titanx that enters Phoenix through the mint phase will first buy Inferno before buying Flux to be max staked.
Blaze stake- 9% of all Titanx that enters Phoenix during the mint phase will first buy Inferno before buying Blaze to be max staked. For the first 110 days 100% of rewards received will be reinvested to grow the stake.
Daily auctions
Whenever the Phoenix buy smart contract is triggered by a user Titanx will buy Inferno before buying Phoenix. The Phoenix brought is split 50/50:
50% will be burnt.
50% will be sent to an auction balance.
Starting after the mint phase perpetual auctions will commence with 1% of this balance being up for grabs in return for Titanx. The Titanx received will be recycled back into the Phoenix buy smart contract and will also be used to further support the three stakes.
Trading Insights
Market Stats
Market Cap
£11.53K
4.12%
FDV
Not enough data
Circ. Supply
295B PHX
Max Supply
Not enough data
Total Supply
295B PHX
Diluted Valuation
£11.53K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£22.36
91.69%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
£0.00000003928
Price Change (1Y)
Not enough data
84.81%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of PHOENIX has increased by 0.26% in the last hour and increased by 4.04% in the past 24 hours. PHOENIX’s price has also fallen by 22.69% in the past week. The current price is £0.00000003911 per PHX with a 24-hour trading volume of £22.36. Currently, PHOENIX is valued at 0.42% below its all time high of £0.00000003928. This all-time high was the highest price paid for PHOENIX since its launch.
The current circulating supply of PHOENIX is 294,568,757,802.577 PHX which means that PHOENIX has as total market cap of £11,531.47.
Market details
PHX vs markets
↘ 84.1%
PHX vs BTC
↘ 82.5%
PHX vs ETH
↘ 89.85%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xfe3F988a90dEa3eE537BB43eC1aCa7337A15D002 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.00000003911 | |
1 Day | £0.00000003764 | |
1 Week | £0.00000005062 | |
1 Month | £0.00000005296 | |
1 Year | £0.0000002623 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
PHOENIX calculator
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Popular price predictions
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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