The Phantom Mainnet is Launching Soon!

Phantom
2 min readJul 29, 2021

🚀🚀🚀 On August 2nd, the Phantom protocol will officially launch its mainnet. This launch marks the official completion of the Phantom team’s phase one development of the Phantom Protocol and the public reveal of the platform.

Upon its release, the August 2nd version of the Phantom Protocol will run on the Conflux chain and offers derivatives liquidity mining options on six trading pairs. Additionally, to celebrate the launch of the protocol, the Phantom team is also hosting a liquidity mining campaign from August 2nd, 2021 to August 31st, 2021 where 21 million PHM tokens will be released for the community to farm. Participation details are as follows:

I. Phantom Protocol Liquidity Mining Launchpool Campaign:

  • Campaign Time: August 2nd, 2021 — August 31st, 2021
  • Mining Type: liquidity mining

Launchpool Info:

To get you more prepared for the launchpool mining, we’ve prepared a detailed step-by-step mining instruction, you can read it here (link)

Also, to participate in the campaign, you will need cUSDT to participate. Here is how to obtain cUSDT to join the campaign: click here

II. Phantom Genesis NFT Reward to help INCREASE your mining results:

Throughout our launchpool event, Phantom will also be offering participants a number of Phantom Genesis NFTs to help the participants increase their mining results. These NFTs can be obtained through PHM Points (PHMP), which is a point token airdropped to those who have participated in the mining event. Details are as follows:

  • Name: Phantom Genesis NFT
  • Function: increase the miner’s rewarded PHMs by 15% at the end of the launchpool campaign
  • Amount: 100 x 200PHMP each

How to get Phantom Genesis NFTs:

  1. Users can purchase Phantom Genesis NFTs with the PHMPs in their account, sale time for Phantom Genesis NFT will start at 12:00 pm (UTC+8) on August 16th and ends at 12:00 pm (UTC+8) August 31st.

2. How to acquire PHMP :

PHMP (PHM Point token) is a reward token provided to the liquidity mining participants throughout the liquidity mining campaign.

Users will automatically get a 200 PHMP airdrop (airdropped within 24 hours) into their Phantom account once they acquire 30,000 PHMs or more in their liquidity mining. These PHMPs can be used to purchase the Phantom Genesis NFTs.

As the time nears, we will be providing you with more details about the purchasing event.

Once again, Phantom Protocol’s Mainnet will launch on August 2nd, 2021, for more details, please follow/join our official channels to find out more:

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Phantom

The ultimate cross-chain protocol for Synthetic Asset issuance & exchange