Dear community,
🚀 We will be celebrating the 1-month anniversary of the Conflux Mainnet launch. In the last 30 days, Phantom’s code-audited synthetic asset creation and Launchpool mining campaign have successfully taken off.
As Phantom’s Mainnet approaches its second month of operation, we have prepared many new rollouts that will further expand the Phantom ecosystem. As such, we’d like to share some updates with you:
1. New supported assets: cETH & FC
We are excited to announce the launch of two new synthetic asset and liquidity mining pools. They are as follows:
cETH
cETH is the cross-chain ETH token on the Conflux blockchain. Each cETH is backed by an ETH on ethereum and can be used in MoonSwap for near-instantaneous and 0 gas fee trading.
FC (FansCoin)
FC aims to fully incentivize and encourage the power of the Conflux community. FC records every contribution of each member while conducting wholesome testing on the existing testnet. To recognize the contribution from the community, Conflux Foundation committed a 1:1 swap between FC and CFX after the mainnet launch.
2. PHM LP Mining Pool is coming soon
Phantom will also launch a PHM liquidity pool in September, with a total of 5,000,000 PHM to be shared by those who participate in the first month.
Don’t miss out! Follow our official Twitter to find out
3. Reminder for Launchpool participants:
Our Launch Pool Mining campaign will officially complete on September 1 at 22:00 UTC+8. And then the regular mining cycle will begin. Please keep the following changes to the reward pool in mind if you participate in the Launchpool event.
These LPs will still be available for liquidity mining.
- cUSDT-pBTC
- cUSDT-pXAU
- CFX-pCFX
For the below pAssets, LP mining and synthetic asset generation deadline is September 1 at 22:00 UTC+8. Users with these synthetic assets or trading pairs can still unstake, unfarm, and close CDP operations on Phantom’s official website.
- cMOON-pMOON
- cUSDT-pETH
- cUSDT-pXAG
If you own the aforementioned assets, we recommend that you retrieve the collateral within one month and claim PHM to stake in the PHM reward pool to achieve the best capital efficiency.
LP Mining Reward Summary:
🎁 To sum up the upcoming LP Mining Pools & rewards:
September will be a busy month full of surprises, so don’t miss out on our bonus events and other exciting announcements.
Stay tuned and see you soon！
- Official website: https://phm.finance/
- Telegram group: https://t.me/PhantomProtocol.
- Twitter: https://twitter.com/PhantomDefi
- Medium: https://phantomdefi.medium.com/
