FenixSwap How Does It Works

Published on: 17.05.2021

FenixSwap is a yield farming/staking platform on BSC Chain. It had chosen BSC because of the instant confirmations, cheap fees, and also because of it strong beliefs in Binance.

FENIX will be minted to reward liquidity providers at a rate of 5 FENIX/block for the first month and then 1 FENIX/block forever. Then special emission has been planned to strive for a better value for early adopters of FenixSwap.

Fenix users supply liquidity pools with crypto tokens, whose prices are determined by a constant mathematical formula. Liquidity pools can be optimized for different purposes, and are proving to be an important instrument in the DeFi ecosystem.

Fenix Token is a native token of FenixSwap. Its main features are governance token, staking, farming, and provide decentralized space. FenixSwap provide liquidity to specific markets through automated algorithmic trading.

Tokenomics:

Token Name: FINEX FINANCE

Symbol: FXF

Chain: Binance Smart Chain (BEP-20)

Total Supply: 3,000,000

ABOUT Fenix Finance

Fenix is native token of FenixSwap Fenix use Binance SmartChain network. Fenix try to building a decentrelized exchange with ability of swapping tokens based on SmartChain network to allow fees. FenixSwap provide, Automatic market maker & Yield farming,staking,voting, also in our platform, all activities are based on the people’s vote and people determine the future of the project.