Pharaoh Launches xPHAR Staking Token with 100% Protocol Fee Rewards

🔥 xPHAR staking rewards

By Pharaoh Exchange
Dec 4, 2025, 2:27 PM
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Pharaoh introduces xPHAR, a new staking token that gives holders voting power over liquidity pair emissions.​

Key benefits for stakers:

  • Earn 100% of protocol fees
  • Receive all vote incentives
  • Collect penalties from early exits
  • Direct emissions to preferred LP pairs

Flexible exit options:

  • Instant redemption at 1:0.​5 ratio (with penalty)
  • Sell P33 liquid staked version
  • Convert PHAR to xPHAR at 1:1 ratio

Deflationary mechanism: Half of PHAR is burned when minting xPHAR, creating scarcity.​

Unlike traditional ve-models, xPHAR offers governance participation without forced locks while rewarding active voters.​

Sources
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