PHX-Phoenix TokenDetailed Description

PHX-Phoenix Token Detailed Description

Phoenix is the new open financial protocol, currently live on Ethereum, Polygon, Binance Smart Chain and Wanchain. It is the hub connecting users and different decentralized ledgers, as well as connecting traditional financial applications. The first iteration of Phoenix will be a marketplace for DeFi derivatives. The PHX token is the protocol token of the entire Phoenix protocol cluster, which can be used for governance, voting, liquidity mining, reward promotion, etc.