Phantom BSC Mainnet is Live! Experience & earn 5,000,000 $PHM Rewards.

Phantom
2 min readNov 1, 2021

The Phantom BSC (Binance Smart Chain) Mainnet is live on Nov 1st, 2021! This is Phantom Protocol’s first step into the BSC ecosystem, and it will pave the way for more asset classes to become available to crypto users in the future.

1. Introducing “Builders’ Reward”

Phantom BSC mainnet has introduced a new incentive mechanism to fuel the network growth — “Builders’ Reward”.

All users who generate pUSD using PHM with a collateral ratio not less than 800% will receive a pro-rata share of PHM rewards from the “Builders’ Reward Pool.”

1st Week Builders’ Reward Pool: 5,000,000 PHM

Notes: Rewards are distributed on a weekly basis on https://bsc.phm.finance/. The reward pool’s size will be announced weekly on Phantom’s official channels.

2. $5,000,000 PHM Giveaway -“Experience & Earn”

To celebrate Phantom Protocol’s BSC Mainnet launch, we have committed a total of 5,000,000 PHM tokens as rewards to early birds who participate in the special “Experience & Earn” activity.

Campaign Period: 2021–11–01 12:00 AM (UTC+8) to 2021–11–07 11:59 PM (UTC+8)

Registration Form: https://forms.gle/TvuXCARWAwa5AE7o9

How to Win:

  • Hold 10 USDT worth of PHM tokens in your wallet (you can purchase the tokens on PancakeSwap);
  • Participate in the “Experience & Earn” activity with the purchased PHM token (follow this simple tutorial) throughout the campaign;
  • Complete all the tasks and info in the “Experience & Earn” award winner registration google form

Awards:

  • The first 1000 participants to complete the above steps will be qualified to equally split a prize pool of 5,000,000 PHM tokens (5,000 PHM for each winner). Rewards will be given on a first-come, first-served basis.
  • We will review the submitted information for authenticity and validity, and then credit the bonus PHM to the BSC wallet address you submitted within one month of the campaign’s end.
  • Please submit the wallet address that has interacted with Phantom Protocol.

🎁 Ready to earn your rewards? Read on the step-by-step guide to find out how to complete the tasks.

If you encounter any problems during the test, please give us feedback in the telegram group, the Phantom community members will be happy to help.

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