Phoenix is a powerful ecosystem that enables the creation of new decentralized applications and empowers developers to build next-generation dApps. Whether youre a business or an individual, Phoenix provides you with the tools needed to elevate your digital journey to new heights. The Phoenix Chain (PHX), as the native currency of the Phoenix Chain ecosystem, is used for paying transaction fees, dApp usage, and other services within the network. Tokens can also be used to access certain features, participate in governance, and earn staking rewards.
