RPX, the Phoenix Coin, is a decentralized hyper-deflationary currency based on the Huobi Ecosystem Chain. Its liquidity mining pool is permanently locked, and the ownership of the smart contract was transferred to a black hole address on the day of issuance. Every on-chain transaction of RPX is taxed at 5%, with 3% added to the MDEX liquidity pool, 1% burned in the black hole address in real-time, and 1% distributed in real-time to other holders outside the black hole address. Since the developers exited early on, the current RPX is entirely driven and developed by the RPX community built by coin holders.