Beginners
10 Common Mistakes Every Beginner Crypto Investor Should Avoid
Most crypto losses come from a short list of avoidable errors. Here are the ten that catch beginners again and again, and…
All prices / PHERA
PHERAPHERA
Rank #13744$0.4520— in 24 hours
PHERA price chart
Loading chart
About PHERA
PHERA is a decentralized exchange and token launchpad deployed on Robinhood Chain, an EVM-compatible Ethereum Layer-2 built on the Arbitrum Orbit stack. The protocol has three components: PheraDEX, a concentrated-liquidity market maker (CLMM); a token launchpad where new tokens are created on bonding curves and graduate into PheraDEX liquidity pools once they raise 2 ETH-equivalent in their quote asset; and a public software development kit (@phera/sdk, published on npm under the MIT license) through which third-party developers can build launch applications on the same contracts without registration or API keys. PHERA is the protocol's native token, with a fixed supply of 10,000 tokens reduced to an effective supply of approximately 8,500 after a verifiable on-chain burn at the close of its token generation event. A 0.40% share of PheraDEX pool trading fees accrues to an on-chain reserve used to buy back PHERA and burn it to the dead address.
Categories: Decentralized Exchange (DEX), Launchpad, Robinhood Ecosystem.
Other cryptocurrencies
From the blog
Investing
How to Build a Balanced Cryptocurrency Portfolio
Owning ten coins isn't the same as being diversified. Learn how to split your crypto money into core, growth and speculative layers,…
Investing
Crypto Trading vs Long-Term Investing: Which Strategy Is Better?
Should you buy and hold, or try to catch the swings? We compare time, costs, taxes, psychology and results to help you…