Liquidity pool distribution for current and past holders of the XRPL flagship memecoin.
What a ride it has been. The Phnix dream would not be a reality without our wonderful community. And the dream is not over yet — an $11 million market cap is just the beginning.
Over the last few weeks, questions have arisen regarding the future of Phnix. Hovering around a $10–20 million market cap has left many holders and investors feeling a bit frustrated. That is understandable. However, the future of Phnix is a billion-dollar market cap, especially considering the brilliance of the XRP chain.
With that in mind, the team has decided that the remaining Phnix tokens in the liquidity pool should be distributed to current and past holders of our token. Instead of running testnet or social media campaigns, we have chosen to reward our loyal holders directly.
Additionally, with the upcoming token migration to a new contract, holders are strongly encouraged to migrate their tokens using the "Migrate Phnix" button on our claim site. This step is very important to avoid asset loss when we move to the new contract. If you automatically claim your rewards, there is no need to migrate your tokens separately.
The future of Phnix is in our hands. Let us continue to build better — together.
Kind regards,
The Phnix TeamUse the options below to claim your token allocation or migrate your existing holdings to the new contract.
View and claim your share of the liquidity pool distribution. Approximately 40% of total volume since launch is being returned to holders.
Migrate your tokens and NFTs to the new contract before the transition. This step is required to prevent any loss of assets.
Important: If you claim your rewards through the allocation portal, you do not need to separately migrate your tokens. Migration is only required for holders who wish to carry their existing balance forward without claiming.