Blaze stake

Phoenix will also be a perpetual Blaze staker and own a percentage of all Ethereum payouts from the Blaze reward pools.

Mint phase-9% of all Titanx that enters Phoenix will buy Blaze off market to be max staked. As the Blaze stake has the smallest allocation for the first 110 days all Ethereum rewards will be reinvested to buy Blaze and max stake it. In this way we are able to build up a decant stake in Blaze. After the 150 days the rewards received will be split as follows:

45% Buy & Stake Blaze- Ethereum received will go to buy Titanx off market, then Inferno and then Blaze to be max staked at 2888 days. In the event a stake ends Blaze is claimable to be sent back to the Blaze treasury to be restaked.

45% Phoenix buy & bid / buy & burn- Ethereum rewards will be swapped to Titanx to be stored in the Phoenix buy&burn / buy&bid smart contract. This balance is split 50/50 with half of the Phoenix brought being burnt forever and the other half being sent to the Phoenix auction balance.

5% sent to Titanx stake- One main priority for protocols in Titanx is to burn Titanx off market. By utilising Phoenix's own Titanx stake we are able to take Titanx off market and directly benefit Phoenix in the process through increasing our share in the Titanx reward pools.

5% Genesis

All the above processes will be done through our Blaze staking smart contract. All features are user callable so in this way all steps will be completely decentralised and callable by any user.

Additionally 2% of the Titanx received through the daily auctions will be sent to the Blaze stake smart contract to buy Blaze off market and max stake it.