Rebranding From FinNexus to Phoenix

Published on: 30.05.2021
Rebranding From FinNexus to Phoenix

FinNexus is currently undergoing a re-branding operation to Phoenix Finance that will cover name, logos, token, user interface & more.

A new name — Phoenix Finance — and a new token, the PHX, have already been selected for the launch.

The change will accompany the compensations being handed out following the May 17 hack and will anticipate the launch of our next product — the Decentralized Leveraged Token, whose testing is nearly complete.

At this stage, they would like to inform users that the team is following a three-stage approach:

  • Early June — The compensation will be airdropped to the addresses listed here. (If you reckon there is any issue with the list, please contact our community managers asap.) Concurrently, a new logo is released and our socials will be renamed, along with their banners, while Peckshield finishes a new security report.
  • Mid-June — Liquidity pools are restarted, the PHX substitutes the FNX on crypto media and the trading of the new tokens begins with enhanced internal safety measures.
  • End of June — A new UI/UX is released and the options protocols resume operations. The Decentralized Leveraged Token shall be launched either at this point or shortly thereafter.

What is FinNexus?

FinNexus is building a suite of open finance protocol clusters that will power hybrid marketplaces trading both decentralized and traditional financial products. The headline product released is a fully decentralized options model with pooled liquidity, live on both Ethereum and Wanchain.

📰 INFO:

https://medium.com/finnexus/a-roadmap-to-phoenix-finance-43d4a0c3c0c4

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