Fenix Finance — a type of decentralized exchange (DEX) protocol that is based on a mathematical formula to determine the price of assets. Instead of using an order book like a traditional exchange, assets are priced, according to a pricing algorithm.
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About Fenix Finance
Fenix users supply liquidity pools with cryptocurrency tokens, the price of which is determined by a constant mathematical formula. Fenix Harvest Farming is a way to use your cryptocurrency to earn more cryptocurrency (liquid mining). Harvest farmers use their cryptoassets to generate rewards.
Why should you trust this project:
| Safe transaction | Fenix has a variety of highly secured smart contacts to provide the best user experience. |
| Full protection | All your transactions are secured, based on the Binance Smart Chain ecosystem. Fast, secure, cheap transactions. |
| Crop farming | Crop farming - a way to reward cryptocurrency ownership. In simple terms, this means blocking the cryptocurrency and receiving a reward. |
Binance Smart Chain — a blockchain, developed by Binance for the ecosystem of decentralized applications, NFTs and digital assets. FenixSwap provides liquidity in specific markets through automated algorithmic trading.
Coin betting - a way to ensure that transactions are valid on the blockchain. If someone stores more currency in their blockchain account, the likelihood that they will be able to participate in the cryptocurrency verification procedure increases. Validators are often chosen at random, but coin holders can be affected by the amount they hold in some scenarios.
Additional information
At the moment, there is no White Paper on the site. Instead, a section with answers to questions is presented, as well as some information on the main page. In the RoadMap section, the stages of project development are available.
To keep up with the latest news, subscribe to the community on the following social networks:
- twitter;
- telegram.
You can also leave your e-mail address on the site to receive a newsletter with project news. The smart contract doesn’t have an audit.