PHX-Phoenix chainDetailed Description

PHX-Phoenix chain Detailed Description

Phoenix is a powerful ecosystem that creates new decentralized applications and empowers developers to build the next generation of dApps. Whether you're a business or an individual, Phoenix gives you the tools you need to take your digital journey to the next level. Phoenix Chain serves as the native currency of the Phoenix Chain (PHX) ecosystem and is used to pay for transaction fees, dApp usage, and other services within the network. Tokens can also be used to access certain features, participate in governance, and earn staking rewards.