As an on-chain ERC20 token, the Phemex Token will offer a diverse array of benefits and use cases including staking yields, trading rewards, and Phemex DAO governance. For PSP holders, the Phemex Token can be pre-mined as xPT prior to the TGE at highly lucrative rates.
Launching on November 30th, 2023 with pre-mining currently in progress.
Learn more
Roadmap
2023-04-10
Mint Phemex Soul Pass
Mint your key to Phemex web3 for free
2023-04-12
xPT Pre-Mining Begins
Trade-to-Earn for xPT rewardsGet Phemex VIP benefits
2023-11-30
PT Launch & Conversion
Phemex Token TGE and listingxPT converted to PT on 1:1 basis
Stake PT for vePT
Phemex DAO governance rightsDaily staking yield from exchange buybackTrade-to-Earn rewards boost
Phemex Token (PT) Tokenomics
Total supply of 1 billion Phemex Tokens will be issued as ERC20 tokens on the Ethereum blockchain. They represent ownership stake in the Phemex platform and grant various utility benefits.
Total Supply
1B
Allocation
Percentage
Tokens
Pre-mining
10%
100,000,000
Collaborator Program
5%
50,000,000
Trading Rewards (DAO Treasury)
12.5%
125,000,000
Liquidity Provider Rewards (DAO Treasury)
12.5%
125,000,000
Ecosystem Fund (DAO Treasury)
15%
150,000,000
Operations & Marketing
10%
100,000,000
Core Builders
15%
150,000,000
Strategic Investors
20%
200,000,000
Why Invest in Phemex Token?
Ultra-High Potential ROI
Rock-Solid Platform
Incredible PSP Rewards
Phemex Token: The Most Anticipated Exchange Token of 2023!
Join xPT Premining, Unlock Huge Profit Potential
Lucrative Daily Dividend: Total 0.01% of Phemex USDT Contract Trading Volume.
Ultra-High Potential ROI
Phemex Token: The Most Anticipated Exchange Token of 2023!
Join xPT Premining, Unlock Huge Profit Potential
Lucrative Daily Dividend: Total 0.01% of Phemex USDT Contract Trading Volume.
Rock-Solid Platform
Ranked: Top 5 Crypto Contract Trading Exchanges.
Steady Cash Flow with Zero Affiliations to Venture Capital
Seasoned team with 20+ Years of Trading Experience.
Incredible PSP Rewards
A Historic 100 ETH Airdrop Event!
Save Big with 55% off on Contract Trading Fees!
Trade-to-Earn 125 Million PT: The More you Trade, the more PT you earn!
What is xPT?
xPT serves as a pre-mint token that can be earned during the pre-mining event. It is reflected as metadata on the Phemex Soul Pass, and can only be obtained by PSP holders.
Pre-mining Details:
Pre-mining Supply
100 million (10% of Phemex Token supply)
Who is Eligible
Phemex Soul Pass holders
Start Date
April 12, 2023
Conversion to on-chain PT
Nov 30, 2023
xPT holders can obtain Phemex VIP:
xPT Balance
VIP Privilege
Contract Trading Fee Maker / Taker
Spot Trading Fee Maker / Taker
≥ 1,000
VIP level 1
0.006% / 0.055%
0.07% / 0.09%
≥ 5,000
VIP level 2
0.004%/0.05%
0.06% / 0.08%
≥ 15,000
VIP level 3
0.0020%/0.0450%
0.05% / 0.07%
What is PT?
Phemex Token (PT) is an on-chain, transferable ERC-20 platform utility token for the Phemex exchange. It can be staked to obtain vePT, which grants decentralized governance power, staking rewards, trading rewards, fee discounts, and other benefits.
Total Supply
1 Billion PT
How to Acquire
Convertible from xPT; can be purchased on open market, can be earned as trading reward
Transferability
PT can be transferred freely on the Ethereum blockchain
Staking
Stake PT to get vePT for governance rights&staking yield
Usability
Can be used to pay for trading fees, deposit & withdrawal fees, and gas fees on Phemex. Also can be traded or staked.
What is vePT?
vePT (vote escrow PT) is an on-chain, non-transferable ERC20 governance token that grants users exclusive voting rights in the PhemexDAO. It is obtained by staking PT for a set period of time. vePT holders have exclusive voting rights in the PhemexDAO, manage the platform treasury, and can enjoy staking yields and trading reward boosts in the form of PT.
Key Attribute
Value Proposition
Usability
Propose & vote in the PhemexDAO; Staking rewards; Trading reward boosts; Trading fee discounts; Exclusive launchpad & launchpool access
Governance Rights
vePT holders have exclusive governance rights within the PhemexDAO
Time-locked
vePT obtained from staking PT is time-locked for the staking period
Note
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