Empower your crypto, earn while you hold Fenix
FENIX is designed to reward crypto community members who believe in the crypto first principles of self-custody, transparency, trust through consensus, and permissionless value exchange without counterparty risk.
FENIX is part of the XEN ecosystem, a collection of projects that are building the future of DeFi.
The XEN ecosystem is the fastest growing DeFi ecosystem in the world. Learn more about Fair Crypto
How it works
FENIX leverages open source code on public blockchains to provide a hyperstructure that rewards crypto stakers for delayed gratification.
- 1. Mint XEN
- Become a Xenian and join the fastest growing DeFi community.
- 2. Burn XEN for FENIX
- Transfer the value of your XEN to the FENIX contract to mint FENIX.
- 3. Stake FENIX
- Lock your FENIX in a contract with yourself to earn trustless yield.
- 4. Earn trustless yield
- Stake and chill. Your FENIX will earn yield for you while you sleep.
We are XEN
First Principles of Crypto.
FENIX is designed to reward crypto community members who believe in the Crypto's First Principles of self-custody, transparency, trust through consensus, and permissionless value exchange without counterparty risk.
- Contract audited by Certik and an independent Auditor.
- Proof Of Burn.
- FENIX rises from the ashes of burned XEN.
- FENIX pays inflation to the stakers at a fixed rate of 1.61% a year forever.
- Fair Launch.
- Equitable initial investment distribution ensures all stakeholders have an equal opportunity to participate and benefit.
- Crypto protocols that can run for free and forever, without maintenance, interruption or intermediaries.
- FENIX seamlessly operates across every chain XEN supports.
- No Pre-mine.
- FENIX supply starts at zero, all tokens are minted from the community.
- No Admin Keys.
- FENIX can not be turned off, upgraded, downgraded by any admin.
- No Sacrifice/ICO.
- No money was raised from the community to build and deploy FENIX.
- No Origin Address.
- There is no centralized economic entity that controls an outsized token supply.
- No Investor Allocation.
- There is no token allocation set aside for insiders, investors, or founders.
- No Back Doors.
- No way for any contract or address to change the rules of the FENIX protocol.
Stop trading your time for money.
Unlock your wealth potential with our innovative protocol, maximizing equity growth, harnessing market longevity, and redistributing penalties for a smarter, more prosperous future
FENIX has an equitable initial investment distribution that ensures that all stakeholders have an equal opportunity to participate in and benefit. This fosters a more collaborative and inclusive environment which promote a sense of shared ownership and responsibility.
- Time In Market
FENIX favors a long-term investment time horizon. It allows for a more measured and disciplined approach to investing, as investors can focus on the long-term growth potential of their investments rather than being swayed by short-term market fluctuations.
- Penalty Redistribution
FENIX redistributes penalties from investors who do not fulfill their commitments to those who do, promoting accountability and fairness in the investment process. This builds trust and confidence in the investment process, as investors know they will be held accountable for their commitments