What is PhoenixDAO (PHNX)?

PhoenixDAO is a project that has been started by Hydro community members to bring true decentralization through a fork of the protocols. This includes adding a community based DAO which will oversee all treasury spending on development, marketing, exchange listings and more.

For the full announcement and more details:

https://medium.com/phoenixdao/community-relaunch-hydro-ecosystem-as-phoenixdao-to-bring-true-decentralization-7b5e284ab1a5

Both HYDRO and PHNX will live on.

Exchange Listing

Bittrex Global has agreed to support the airdrop on May 28th, 2020. To qualify for the airdrop your tokens must be in a Bittrex wallet by this date. This is not a swap so you will also keep your HYDRO tokens:)

The airdrop will send 1 PHNX token per 100 HYDRO tokens as PHNX has a ~100x less token supply than HYDRO.

Unfortunately, due to US regulations, US citizens do not qualify for the airdrop.

For more details, please see the medium announcement above and join the PhoenixDAO community on twitter and TG for further updates!

PhoenixDAO Twitter: https://twitter.com/phnxdao

PhoenixDAO TG: https://t.me/PHNXDAO

HYDRO

The community is looking for more developers to build on the open source Hydro Ecosystem - companies can register their interest here for a potential grant from the Project Hydro repository:

https://forms.gle/MHGg6NoVm6aLoDgJ8

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