> For the complete documentation index, see [llms.txt](https://docs.phoenix.win/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.phoenix.win/phoenix-buy-and-bid-buy-and-burn.md).

# Phoenix buy\&bid / buy\&burn

The buy\&bid / buy\&burn will have four independent streams of inflows:

-45% of rewards received from Titanx stake.

-45% of rewards received from Flux stake.

-45% of rewards received from Blaze stake (After the 110 day reinvestment phase).

-80% of Titanx from daily auctions.

Much like the buy\&burn of Titanx the amount and time intervals are adjustable to prevent bot attacks.

The Phoenix tokens brought from these four inflows will be split as follows:

| Destination:    | Percentage: |
| --------------- | ----------- |
| Auction Balance | 50%         |
| Burnt           | 50%         |

In this way Phoenix is able to burn its supply and provide fuel for the daily auctions which in turn provides value back to the buy\&bid / buy\&burn.