The Phoenix network token

Phoenix Gold Coin

21 million tokens for participation in a decentralized gold network. PGC is Phoenix’s utility and governance token, designed for custodian staking, network decisions and participant incentives.

PGC is not backed by gold. Cyphers represent title to physical gold under the network’s trust terms. Holding PGC gives no right to redeem that gold.

Finite supply. Network utility.

PGC’s market value reflects supply and demand, including demand for its role in Phoenix and expectations of the network’s future. It is not a valuation of the gold held in custody.

The proposed Panda Chain fee policy allocates 25% of eligible network fees to PGC purchases and permanent retirement. Staking and buybacks can create demand; neither ensures a rising token price.

Read PGC Tokenomics v1.5
Lifetime supply
21,000,000 PGC Preminted; rewards distribute existing tokens.
Network roles
Staking · governance · incentives Panda Chain gas is paid in PANDA.
The Bitcoin comparison
Same 21 million ceiling Different issuance, governance and security. Bitcoin’s supply model ↗
Live on Polygon

Current token & market data

The figures below report the existing Polygon programme and its mining contract. Panda Chain services are planned. Migration must preserve existing holder and miner rights without duplicating the 21 million economic supply.

Overview

Total supply
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Held by mining contract
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Supply outside mining contract
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PGC Market

PGC price
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Outside-contract value at pool price
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Fully diluted market cap
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Buy PGC

PGC trades against USDC on Polygon.

Contract 0x76C40AB3cC140c81A75b92d3F42186476e25F1e9

Price from the QuickSwap v3 PGC/USDC pool. Supply outside the mining contract is not a certified circulating-supply figure. The mining balance can include existing reward and lock obligations. PGC is a network token, not a gold claim.