Use Cases

The Phemex Soul Pass functions as your verifiable, on-chain passport to exclusive privileges within the Web 3.0 ecosystem of Phemexia. After minting, the PSP holds information regarding your xPT balance, which are pre-mined tokens that will be automatically converted into the Phemex Token (PT) during the Token Generation Event (TGE) in Q3 2023. This platform token denotes your ownership stake in Phemex and potential governance, voting, and treasury management rights. As your xPT balance changes, this data is periodically updated directly on the Phemex Soul Pass.