[ANN] PHX (Phoenix Currency) | Web-Based Mining | PoDE | Built on Stellar | Fair

[phoenixXCteam]

PHX (Phoenix Currency)
Web-Based Mining | PoDE Model | Fair Launch | Built on Stellar

https://minephx.cloud/Logo.png

Website: https://minephx.cloud
Total Supply: 21,000,000 PHX
Blockchain: Stellar Network
Mining Type: Proof of Daily Engagement (PoDE)
Status: Early Access – Web Mining Live Now

What is PHX?

PHX (Phoenix Currency) is a decentralized, web-based digital currency designed to make mining accessible to everyone —
no expensive hardware, no pre-mined allocations, and no central authority.

Anyone with an internet connection can participate through a simple daily engagement system (PoDE).
This approach promotes fairness, decentralization, and consistent user participation.


Proof of Daily Engagement (PoDE)

PoDE replaces traditional Proof of Work or Proof of Stake systems with a participation-based model
that rewards real users, not machines.

Key Points:
- Simple daily participation  
- No hardware requirements  
- Transparent on-chain settlements  
- Fair and merit-based distribution  

Each participant verifies their identity through KYC, inspired by Pi Network’s verified-user migration model,
ensuring that only genuine users earn rewards.


KYC & Migration

PHX integrates a KYC verification system similar to Pi Network’s KYC and Mainnet Migration process,
guaranteeing fairness and authenticity.  
This ensures a real human-driven economy, prevents bot exploitation,
and allows seamless migration to mainnet wallets after verification.


Built on Stellar Network

PHX operates on the Stellar blockchain, chosen for its speed, scalability, and low transaction fees.  
Every PHX transaction is transparent, traceable, and verifiable on-chain.


Tokenomics

- Total Supply: 21,000,000 PHX  
- No Pre-mine, No ICO, No VC Allocation  
- Mining Rewards: Distributed daily based on participation  
- Reward Halving: Gradually decreases over time to simulate scarcity  


Roadmap

Phase 1: Web-Based Platform Launch & PoDE Implementation  
Phase 2: Global Campaign & Referral System Expansion  
Phase 3: DEX Listing & Liquidity Pool Deployment  
Phase 4: Governance Model & DAO Transition  


Join the Movement

Start Mining Today: https://minephx.cloud  
Whitepaper: https://minephx.cloud/whitepaper  
Twitter: https://x.com/phoenixXCteam  
Telegram: https://t.me/PhxOfficial  
Explorer: https://stellar.expert/explorer/public/account/GA7URRUCNFMZ6SQLOLHXB26AJ43JM72Q63NC35SB2STTDHNK6EPH73LW


Vision

PHX is building a human-centered, decentralized digital economy —
where daily engagement and verified participation define value, not computational power.  
A system inspired by Pi Network’s inclusiveness, yet powered by Stellar’s blockchain efficiency.

"The Phoenix is Rising."

Decentralized. Accessible. Fair. Transparent.

[flapduck]

Web "mining" on Stellar is a more glorified faucet with logins and rate limits, than actual mining.

The PoDE scheme and the mandatory KYC means users trust your website and the asset issuer.

Decentralization relies on who holds the issuer keys and how emissions are enforced on-chain. Can you publish the Stellar asset details (issuer, flags, multisig/treasury), the exact emission and/or halving logic on-chain?

[phoenixXCteam]

Web "mining" on Stellar is a more glorified faucet with logins and rate limits, than actual mining.

The PoDE scheme and the mandatory KYC means users trust your website and the asset issuer.

Decentralization relies on who holds the issuer keys and how emissions are enforced on-chain. Can you publish the Stellar asset details (issuer, flags, multisig/treasury), the exact emission and/or halving logic on-chain?

Thank you for your insightful questions. We are strong believers in transparency, and we're happy to provide a detailed, verifiable answer.

1. On-Chain Asset & Immutable Supply

First, to directly answer your question about the on-chain asset details: The PHX token is a standard Stellar asset with a fixed, immutable supply.

Total & Max Supply: 21,000,000 PHX.
Issuer Address: GA7URRUCNFMZ6SQLOLHXB26AJ43JM72Q63NC35SB2STTDHNK6EPH73LW
Asset Status: The issuer account has been permanently locked. It is cryptographically impossible for anyone, including the core team, to issue more tokens. This can be verified on any Stellar explorer.
Treasury Wallet: All 21 million PHX tokens are held in the following publicly-auditable treasury wallet, from which all distributions originate: GBX4GLP7JCG4TPMWYXIDECIO3ZLRGSYZ6JN4XHRLNM53ZFJM34U7HDDT

2. Verifiable Supply & Hybrid Model

You correctly observed that the PoDE (Proof of Daily Engagement) mechanism itself is not a smart contract. We use a hybrid model: reward calculations are handled off-chain for user-friendliness, but the asset's scarcity and supply are anchored to the blockchain for transparency.

To facilitate verification, we provide public API endpoints (as used by platforms like CoinGecko) that reflect our on-chain activity:

Circulating Supply API: https://us-central1-phxlast-34481.cloudfunctions.net/circulatingSupply
This API returns the total amount of PHX that has been withdrawn and is currently circulating outside of our treasury—the true on-chain emission.
Total Supply API: https://us-central1-phxlast-34481.cloudfunctions.net/totalSupply
This API returns the total amount of PHX earned by users to date (circulating supply + in-app balances awaiting withdrawal). It represents the total rewards created via our PoDE mechanism.

3. Open-Source Code & Public Whitepaper

Finally, we invite you to verify our claims by reviewing our code. The project's client-side code, which includes the official whitepaper (public/index.html), is fully open-source.

Official GitHub Repository: https://github.com/signlee789/phx
As you can see in our roadmap on GitHub (Phase 3 & 4), DEX listing and further decentralization are key goals. The transparent, on-chain foundation we've established is the critical first step in that process.

Thank you again for the detailed questions. We are committed to this level of transparency and hope you will continue to engage with our project.