Phantom Protocol Token

What is PHM and how Does It Work?

The PHM token interacts with Phantom for various functions within the system. To interact with Phantom, it is necessary to link your wallets with the platform's testnet portal. The platform operates as an infrastructure for prediction services, aiding traders in crafting prediction scenarios in a reliable manner. Phantom holds a user interface devoid of advertisements, which can streamline your content navigation process. You can access comprehensive information and resources about Phantom via its official channels. Within the cord community, there is an ongoing initiative called the Ghost Role. A noteworthy occurrence within the Phantom ecosystem is a reward distribution event. By being proactive in the Phantom community, namely through having Level 2 NFT and by generating a network of 10 people and providing their wallet address in the Specterchannel, you have the chance to obtain a Level-3 NFT. Google Chrome on a computer is the suggested environment for use. In addition, those who manage to create a Phantom Soul bound NFT might have the possibility of being awarded PHM tokens. The platform facilitates transaction approvals for you. If you're curious to explore the features offered by the platform, a cPHM test token application is available. It's essential to correctly monitor your Tx Hash and input it where it's needed.

The Vision and Mission Behind PHM

PHM is the token that supports the Phantom Protocol, a cross-chain DeFi framework. Through this, synthetic asset generation and NFT issuance become possible. Involvement via the Phantom DAO allows you to explore and potentially enhance Phantom NFTs. The V2 Experience Reward Program is constructed to motivate involvement. The platform offers resources like knowledge lists, member experiences, and audio narratives to aid in deepening your comprehension of the token world. Different membership tiers have differing rewards and benefits. Interaction within the community also covers social media, particularly Twitter where users can join the Partner Program. Participation in these offerings is available through selecting "Mint".

How to Buy and Store PHM?

To purchase PHM, Flooz.xyz offers a one-stop solution, allowing you to buy this token with a smooth checkout process, without the need to own a wallet. Tap tap go! All payment methods are supported. Using Flooz self-custodial web wallet, you ensure seamless PHM transactions, including storing, sending, and receiving tokens. You can create a self-custodial wallet directly on Flooz using your email, Google, and Apple ID in a matter of seconds. This also ensures that you have access to your funds at all times, thanks to the power of cryptography. Flooz.xyz aggregates more than 50+ providers to ensure the fastest and cheapest payment routes for your PHM trades. This seamless and optimized trading experience has captivated over 85,000 active traders on Flooz.xyz. So, don't miss your chance to get in on the action!

PHM Metrics:

• Current price: $0⁴845

• Market cap: $845.31 k

• All-time high: being indexed (being indexed)

• All-time low: being indexed (being indexed)

• Daily trading volume: $0

Exploring PHM Financial Mechanics

Phantom utilizes smart contracts to support the creation of synthetic assets (pAssets) in a non-centralized methodology. It lends a hand in the acquisition and disposal of these assets on the Phantom Exchange, demonstrating pUSD as the primary asset. Embraced in the protocol is a V2 Experience Reward Program, where accomplishing tasks and participation in liquidity mining, as well as staking of LP tokens, can be recognized. Furthermore, Phantom incorporates oracles for addressing timely pricing information and exchange issues. After accomplishing tasks, traders have the opportunity to collect rewards received from task completion. Devoted to community engagement, the platform harbors a Discord platform for communal dialogues and support. The recently unveiled Phantom V2 on the Conflux testnet stands as a call for community members to navigate and comprehend new functions while earning cPHM tokens. The platform extends the issuance of test cPHM tokens and advises traders to engage with their Conflux wallet on the test network in relation to the pUSD cUSDT token pair. Throughout the testing process, the Phantom community is prepared to provide assistance via Telegram if required. Operating in harmony with Phantom, C.Phantom initiates NFT/token airdrops for NFT owners, wherein participation can be granted through the cUSDT pUSD trade. The platform manifests its aspiration of engaging 10,000 cPHM users, half of whom can partake in a task of choosing a pAsset for disposal. An option to contribute liquidity for the Koichi pUSD cUSDT stake LP Phantom has also been extended, subject to further elucidation.

Advanced Insights: Mining and Ecosystem

The PHM token introduces elements for bridging mining and ecosystem dynamics. Users can record their wallet address in the Ghostchannel for an opportunity to gain a Level 2 NFT, facilitating further ecosystem engagement. The PHM token has implemented a mechanism for Phantom Soul bound NFT holders, involving allocation of PHM tokens. A Level 1 NFT within the PHM ecosystem comes with an enhancement functionality, permitting elevated level access, but without revealing specific upgrade methods. In summary, the set of features provided by the PHM ecosystem paves the way for diverse interaction parameters for users. Additionally, these features provide multiple pathways for inclusion within the platform.