Fenix Protocol

Burn XEN, stake FENIX, earn trustless yield. Fenix Protocol is a hyperstructure: an unowned, unstoppable, free-to-use set of smart contracts that runs forever without maintenance. There are no admin keys and no back doors.

Open the Fenix Protocol app (English)

How Fenix Protocol works

Proof of Burn
FENIX is created exclusively from burned XEN tokens, at a fixed ratio of 10,000 XEN to 1 FENIX. There is no pre-mine and no investor allocation — the only way FENIX enters circulation is by someone destroying XEN to mint it.
Equity Staking
A dynamic equity pool where stakers deposit FENIX and receive proportional shares. Stake terms run from 1 to 7,777 days, and longer and larger stakes earn bonus shares.
Trustless Yield
A fixed 1.618% annual inflation rate is distributed to committed stakers in proportion to the shares they hold. Ending a stake early or more than 180 days late incurs a penalty.
Rewards
Adoption and equity reward pools are flushed on a recurring schedule, distributing accumulated rewards to stakers.

Supported chains

Fenix Protocol is deployed on 12 EVM chains. The contract address for each deployment:

Sections of the app

Resources for developers and agents

Languages

Fenix Protocol is available in 21 languages.