PHNM Redemptions
Track token redemptions and average prices by week
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How PHNM Redemptions Work
What is PHNM?
PHNM is the native token earned by playing on Phenom Poker. Players earn tokens through gameplay and can redeem them for USDT at the current token price.
Token Price Calculation
Token price is calculated using the formula: 130 × Net Rake (4 weeks) / 50,000,000. The price updates weekly based on platform rake performance.
Redemption Process
Redeem your PHNM tokens anytime through the Phenom Poker app. USDT is sent directly to your wallet at the current token price. There's a 20% max redemption limit per 30 days.
Average Price Tracking
The weekly breakdown shows the average redemption price for each week. This reflects the actual prices at which players redeemed their tokens.