Phos Stat: Sep 28
Buyback: 34,893
$PHOS
Treasury: 562,562
$PHOS (0.056% of supply)
Burned: 794,900
$PHOS (0.079% of supply)
Tx:
xp.tamsa.io/tx/0x14a0756bf41โฆ
Someone quoted this against "5M ๐๐". Quick correction: that 5M is
$PHOS market cap, not XP raised.
Swap UI at the time:
Price: ~$0.004993 (+309,464%)
Mcap: $4.98M
ATH mcap: $8.64M
Already burned: 794.9K
What Phos is: Xphere's first hybrid launchpad. Projects raise at a fixed price in
$XP. When a sale fills, it graduates into a swap pool and the LP tokens go to a burn address.
$XP is required for every launch.
The token model: 70% of platform revenue goes to
$PHOS buybacks and burns.
Official buybacks, week one:
Sep 23: 455,520
Sep 24: 16,836
Sep 28: 34,893
Total: ~507K bought with revenue
Burns (794,900) exceed those buybacks because graduated LPs sent to the burn address remove extra supply.
The math: Their percentages imply ~1B total
$PHOS. The flywheel is live, but the supply impact is still small: 0.056% in treasury, 0.079% burned. Directional, not supply-crushing yet.
Loop 1 (
$PHOS):
more launches โ more fees โ buy
$PHOS โ burn/treasury โ thinner float โ more attention โ more launches
Loop 2 (
$XP):
every sale needs XP โ the launchpad becomes an app-layer sink on top of Xphere's own L1 fee/vault burns
Early numbers, real mechanics. Watching how launch volume moves this next.