PhoenixDAO

PhoenixDAO is a project that has been started by Hydro community members to bring true decentralization through a fork of the protocols. This includes adding a community based DAO which will oversee all treasury spending on development, marketing, exchange listings and more.

PhoenixDAO and Bittrex are jointly airdropping a total of 44,000,000 PHNX to all HYDRO holders. Create an account at Bittrex and complete your KYC to receive the rewards in 1:100 ratio. For every 100 HYDRO tokens you hold you will get 1 PHNX token. PHNX will be listed on Bittrex on 28th of May 2020.

Step-by-Step Guide:
  1. Create an account at Bittrex.
  2. Complete your KYC.
  3. Deposit your HYDRO tokens to your Bittrex account.
  4. Bittrex will pause HYDRO deposits and withdrawals on May 26th, 2020, at 17:00:00 UTC, so make sure that you’ve deposited HYDRO to Bittrex before that.
  5. Bittrex will then take a snapshot of the user’s HYDRO balances on May 26th, 18:00:00 UTC.
  6. You will get 1 PHNX token for every 100 HYDRO tokens.
  7. Trading of HYDRO will be re-opened on May 28th, 2020, at 18:00 UTC.
  8. The distribution will also happen on or before May 28th.
  9. For more information, see this post.
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Requirements:

KYC required

E-Mail required

Special requirements:

Due to US regulations, US citizens cannot participate in this airdrop.

Estimated Value

100 HYDRO : 1 PHNX

Tokens per Claim

n/a

Max. Participants

Unlimited

Overview


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