Its now possible for you to earn ETH passively for life simply by holding your eth in ethphoenix.io.
How does Ethphoenix.io work? >Every time somebody buys or sells an EthPhoenix token, the price changes - 0.2% higher upon buy, 0.2% lower upon sell. If you keep your tokens where they are, you receive 10% from every buy OR sell transaction based upon your current share of tokens. You can convert your current token stash into Ether where it will sit in your dividends pool - your dividends are stored in ETH, not in tokens, so their value remains stable (as long as the ETH price itself remains stable.) The more EPX one holds, the large amount of the dividends they receive.
Basically, you earn the ETH people give up by entering and exiting the smart contract. 10% of each buy and sell goes to the community pot then distributed according to how many coins of the total you have.
For example, the top token holder on of ethphoenix (EPX) bought 50 ETH worth at the all time high. The user has since made over 30+ ETH in dividends alone just by sitting on his stack...and its only been 2 months...whats 4 years going to look like? You can now earn eth for life doing nothing, as other buy and sell, you get a cut. All you need are a huge set of balls and the ability to think for yourself. Started right here on Veeky Forums and now its mooning.
There is much more to this Dapp including a futures market and a new form of crypto mining, both world first, coming from this team. will post info
First crpyto futures market now compliments ethphoenix.io called Pyremx.com
From the site itself:
>allowing people to predict what the balance of the EthPhoenix.io smart contract will be at a specific future time. This project is currently live on the Ethereum Main Network. Futures settle once daily, at 5:00am GMT. After much discussion, it was determined that 5am GMT maximizes the number of participants who can be awake and view settlement each day worldwide
Its a daily futures markets that has established a tidal ecosystem with another smart contract called ethphoenix. These two contracts help perpetuate each other and on separate smart contracts and outside of any market other than eth, which its based on. It is able to self sustain already and can handle any volume while remaining fundamentally sound. The goal is to make an entire ETHER ecosystem, or universe. Scale is up to you.
This team also created a new method of mining crypto. You may very well be one of the first people to ever know about this...
ERC223 token (PHX) can now be mined with Proof of volatility.
>what is proof of volatility? The supply of PHX tokens is tied directly to the Ethereum balance of the smart contract underpinning the 'EthPhoenix' decentralized application and mined using a novel, generalisable technique we refer to as proof-of-volatility.
>more details... By owning stake in ethphonix (holding EPX tokens), you are able to mine a PHX tokens. An algorithm dictates proportional token generation according to the stake held in ethphoenix.io (proof-of-volatility).As one user put it, "it's like Proof of stake, but instead of voting on blocks, it's more like a delegated stake - the new contract issues the new tokens based on your holding your EPX."
>Can anyone create a dapp using the token? already one game done called PHXhell.com...check it out one more ill drop a hint about called pyrebirds.com we are most excited for that one. No its not a trading card game, think cock fighting.
>And how long has it been possible to mine EPH? this has only existed for 3 days, brand new.
Zachary Miller
samefag shilling his bags
Isaiah Howard
I dont think EPH will ever hit exchanges. Reason they made PHX.
