PHRZ (Pharaohs) Is Now Available for Trading on LBank Exchange
Road Town, BVI, March 7th, 2025, Chainwire
LBank Exchange, a premier global digital asset trading platform, has announced the listing of PHRZ (Pharaohs) on March 7, 2025. The PHRZ/USDT trading pair (https://www.lbank.com/trade/phrz_usdt) is now available to users of LBank Exchange.
These tokens, often driven by humor, community engagement, and speculative trading, have captured the attention of both investors and casual crypto enthusiasts alike. While many meme coins thrive on hype, they often lack long-term sustainability or real-world utility. This has led to increased interest in developing meme coins that not only engage communities but also offer a structured economic model with clear value propositions. Pharaohs emerges as a solution, blending entertainment, innovation, and sustainability to create a meme coin with purpose.
Pharaohs: A New Era in Meme Coins with a Deflationary and Utility-Driven Approach
Pharaohs is a new meme coin designed to offer both fun and real utility within the cryptocurrency ecosystem. Born out of the idea that cryptocurrency can blend excitement with purpose, Pharaohs is committed to going beyond the simple hype that often characterizes meme coins. By integrating entertainment-driven mechanics with a deflationary, utility-based model, Pharaohs seeks to create a sustainable ecosystem that benefits its community while maintaining long-term value. Through an innovative combination of lottery mechanics, staking, and strategic burns, Pharaohs establishes a token that is as engaging as it is valuable.
At the core of the Pharaohs ecosystem is the Win, Earn, and Burn framework, a unique model designed to enhance user participation and drive long-term scarcity. Each transaction within the Pharaohs network contributes to the Pharaohs Lottery, giving token holders the opportunity to win additional tokens or other crypto rewards. This lottery is powered by a smart contract that ensures fairness and transparency, making the process engaging for users. Additionally, stakers can earn rewards from transaction fees and the lottery pool, incentivizing long-term holding. The burn mechanism is integral to the system, with automatic burns implemented during each transaction and periodic burns taking place during special events, ensuring that the supply is reduced over time.
The deflationary mechanism at the heart of Pharaohs is a key feature designed to drive value for token holders. A percentage of each transaction is permanently removed from circulation, effectively reducing the total supply with every transfer. This mechanism is coupled with auto-burn features, ensuring that the circulating supply is constantly shrinking. The periodic burns during special events further enhance this deflationary aspect, creating a token ecosystem where scarcity is continually increasing. Combined with transparent smart contract audits, regulatory compliance, and secure reserves, Pharaohs is built with a focus on long-term sustainability and security, ensuring both the integrity of the ecosystem and the safety of its users.
PHRZ Tokenomics
The total supply of Pharaohs is capped at 6.4 million PHRZ tokens, with 50% allocated to the liquidity pool and $500,000 locked forever. Additionally, 25% of the total supply is locked for future events, and 25% is reserved for CEX listings, holders’ airdrops, and ongoing burns. This strategic allocation ensures liquidity, supports the token’s value, and maintains a balanced approach to supply and demand. The combination of staking rewards, governance privileges for holders, and the burn mechanism helps establish a healthy, self-sustaining tokenomics structure that drives both engagement and value over time. Through this thoughtful design, Pharaohs has the potential to carve out a lasting presence in the meme coin market.
By merging the entertainment and excitement of meme coins with a deflationary and utility-driven framework, Pharaohs offers a fresh approach to the cryptocurrency space. Its Win, Earn, and Burn model, coupled with robust security features and a sustainable tokenomics structure, positions Pharaohs as a unique project that aims to thrive in both the short and long term. With a clear focus on reducing supply, engaging users, and creating real value, Pharaohs aims to set a new standard in the world of meme coins.
Users Can Learn More about Pharaohs:
Website: https://phrz.io/
Telegram: https://t.me/PHRZPharaohs
About LBank
Founded in 2015, LBank is a top crypto exchange offering financial derivatives, asset management, and secure trading. With over 15 million users across 210+ regions, LBank ranks in the top 20 for spot trading and top 15 for derivatives trading globally, ensuring fund integrity and supporting global crypto adoption.
Leveraging its acute market insight and expertise, LBank always takes the lead in spotting and listing Alpha altcoins. The platform was among the first to list popular gem coins like BONK, BOME, and FLOKI, as well as emerging favorites like NEIRO, MOODENG, GOATSEUS, and PNUT, offering impressive returns to investors.
Users Can Start Trading Here: lbank.com
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