Dear Phoenix Community,.
03 Mar 2022, 04:42
Dear Phoenix Community,
Today, March 3, the TUSD/PHB trading pair will be delisted from Binance – the reasoning is clear, it is one of the less accessible and popular stablecoins and hence apparently very low liquidity and volume with PHB.
After discussing with their team, it was determined the best course of action was to delist the pair, and focus would be better directed towards stables such as USDC/BUSD/USDT.
Our existing agreements with Hummingbot will be shifted to the Binance PHB/BTC pair. Our MM program with Principle68 will focus on the Binance PHB/BTC pairing, and can be expanded to other listings when that does happen.
The PHB project team is on-track to reaching our development targets for 2022 and beyond, and we know that having ample and expanded trading and liquidity options for our token is important, which we are currently actively seeking.
Thank-you for your understanding and continued support.
- Phoenix Global Core Dev