PHB Token Redom Complete Swap Guide

Table of contents

Token prep and swap overview

  • If your tokens are still on Phoenix Global Insights platform, you should withdraw your tokens and manually perform the swap. Withdraws from Insights are on NEO as NEP5. Once the withdraw is complete, you can follow the PHX on NEO (NEP5) token prep guide.

Phoenix Global Manual Swap

  • Part 1: Token preparation to ensure your tokens are on BSC as either PHB V1 or as PHX.
  • Part 2: Perform the 100:1 redenomination swap.
  • Part 3: Restake PHB V2

Part 1: Token Prep

PHB on Binance Smart Chain/BSC (BEP20)

PHB on Binance Chain/BC (BEP2)

PHX on NEO (NEP5)

Swapping from NEO to BSC is handled via PolyBridge.

Unstaking PHB V1 from Phoenix Staker

  • Above Withdraw to wallet, select “Max” tokens.
  • Click ‘Withdraw to wallet’
  • Complete the transaction using your wallet application.
  • Your PHB tokens should now be back in your wallet.

Unstaking PHB V1 from Horizon Genesis

Part 2: Token swap

Swap PHB V1 to PHB V2

  • Have PHB V1 BEP20 in your wallet
  • BNB to cover transaction gas fee
  • Select “Connect Wallet”
  • Select the appropriate wallet application to connect to.
  • Select Approve Contract
  • Select ‘Swap PHB’
  • Complete and approve the transaction using your connected wallet application.

Swap PHX BEP20 to PHB V2

  • Swapped your PHX (NEO) over to PHX (BSC) using this guide.
  • Have PHX as BEP20 in your wallet.
  • BNB to cover transaction gas fee
  • Select “Connect Wallet”
  • Select the appropriate wallet application to connect to.
  • Select Approve Contract
  • Click ‘Swap PHX’ and complete the transaction using your connected wallet application.

Part 3: Staking PHB V2

Stake PHB V2 on Phoenix Staker

  • Have performed the swap / redenomination over to PHB V2
  • Have PHB V2 BEP20 in your wallet
  • BNB to cover transaction gas fee

Stake PHB V2 on Horizon Protocol

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Phoenix

Phoenix

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Phoenix is an L1 and L2 blockchain infrastructure, empowering intelligent Web3 applications, focusing on the next generation of AI & Privacy-Enabled Web3 Apps.