What is Phantom (PHM)
Phantom is a cross-chain DeFi protocol that allows users to create synthetic assets called pAssets in a decentralized way.
Users of Phantom can create pAssets through depositing collateral, opening positions, and then generate corresponding pAssets that mimic the behavior of real-world asset prices.
In this way, traders around the world can trade an asset on the blockchain with open and transparent prices. In essence, pAssets enable the traders to engage with the asset without actually owning them.
Details
IDO (Flybit Launchpad): Sep 07, 2021 – Sep 07, 2021
IDO (WeStarter Launchpad): Sep 07, 2021 – Sep 07, 2021
IEO (MEXC Launchpad): Sep 06, 2021 – Sep 08, 2021
IEO (Gate Launchpad): Sep 08, 2021 – Sep 08, 2021
Raised: 9,000,000 USD
Legal
Country limitations: Afghanistan, Albania, Belarus, Bosniaand Herzegovina, Burundi, Burma, Canada, China, Democratic Republic of Congo, Cuba, Ethiopia, Guinea-Bissau, Guinea, Iran, Iraq, Japan, North Korea, Liberia, Lebanon, Libya, Macedonia, Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, Somalia, Syria, Thailand, Trinidad and Tobago, Tunisia, Uganda, Ukraine, United States of America, Venezuela, Yemen, Zimbabwe.
Registration year: 2021
Token info
Ticker: PHM
Token distribution:
1% – IDO
15% – Team
18% – Investors
8% – Operations
8% – Foundation
50% – Community Farming