Shadow Phoenix (SPHNX)
Last updated
Last updated
What is SPHNX?
SPHNX is a WETH-backed, ever-appreciating token designed for long-term holders. It cannot be minted directly — it can only be obtained by alternatively redeeming PHNX. The token's value increases over time and is built to preserve and grow wealth steadily.
Who is it for?
Investors who want to lock in gains from PHNX and move into a more stable, appreciating asset. SPHNX is for people who prefer passive value growth rather than active trading.
Key Features:
Backed by Wrapped Ethereum (WETH)
Must be acquired via PHNX alternate redeem
10% mint fee, 5% redeem fee
Focused on low-risk, long-term appreciation
