Question 1

How to Stake Phenix Finance (Cronos) (PHNX)?

Question 2

If I can’t stake Phenix Finance (Cronos) (PHNX), can I still earn an interest on my holdings?

Question 3

What is the difference between PHNX lending and PHNX staking?

Question 4

What is the 24h Trading Volume of Phenix Finance (Cronos) (PHNX)?

Question 5

How has the price of PHNX changed over the past 24h?

Accepted Answer

To our knowledge, PHNX cannot be staked since we do not currently recognize Phenix Finance (Cronos) as a proof-of–stake network. If you feel this is wrong, please request to get PHNX asset listed on stakingrewards.com.

Accepted Answer

You still may be able to earn an interest by lending your PHNX holdings. Typically, you can earn around 5% APR through lending.

Accepted Answer

Staking PHNX and lending PHNX are both ways to earn a yield on your holdings. They are often confused as the same thing, even though they are very different. When you stake a PoS asset you are directly contributing to the security of the network, in exchange you are rewarded with the network’s native token. When you lend Phenix Finance (Cronos) (PHNX), you are essentially giving a loan of your crypto assets in return for an interest on the amount you lend.

Accepted Answer

Over the past 24 hours, Phenix Finance (Cronos) (PHNX) has seen a trading volume of across all available exchanges.

Accepted Answer

The price of Phenix Finance (Cronos) (PHNX) is currently , which represents a - decrease over the past 24 hours.

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