News

Project updates, media links, and Phoenix ecosystem progress.

This page is the operating record for Phoenix. The admin backend can publish official announcements, media coverage, RWA asset launches, and X social updates here.

PhoenixMM

PhoenixMM redemption opens automatically when minting reaches the total cap

PhoenixMM continues to mint until the final mint reaches the contract's total cap, at which point the contract automatically sets redeemEnabled to true. Once enabled, redeeming 1 PhoenixMM (PHOENIXMEME) burns that PhoenixMM and atomically transfers 500 Phoenix to the user in the same transaction, reducing the PhoenixMM supply. The opening condition has not been reached yet, so redemption is currently unavailable. The flow is enforced by the contract rather than manual activation or individual payouts; the live on-chain state controls availability. The mechanism is verifiable through the public contract's trigger, burn, and transfer rules, as well as the on-chain state and transaction results. This update does not constitute a fixed buyback, return, or price promise.

Project Progress

Phoenix platform navigation upgraded for direct user participation

The first platform version is being organized around RWA assets, PhoenixMM minting, staking, and legal disclosure.

RWA Assets

RWA Assets page to show cultural asset state and purchase routes

Each cultural asset exposes custody status, baseline price, historical price, change rate, and purchase or auction routes.

Community

PhoenixMM minting and staking become core user paths

Users can enter the PhoenixMM page, review mint pricing, connect a wallet, and understand subsequent PhoenixMM staking and reward rules.