$phi

Hey @everyone — I'm Shugo, co-founder of Phi.

We officially launched $PHI last Friday (October 10th) on @base.base.eth. Our TGE was conducted transparently with Aerodrome and Arrakis Finance (via a self-custodial MM vault), meaning there were no insider deals with CEX and MMs.

However, shortly after TGE, we faced a tough market environment following the largest crypto liquidation in history triggered by Trump’s new tariff announcement last Saturday.

I’m doing my best to manage the situation with all stakeholders; Aerodrome, Arrakis Finance, and our investors. Our team remains fully committed to building better products, driving real traction, and growing together with our user and creator community.

$PHI is now live on @AerodromeFi on @base.

The PHI/WETH pool is available on Aerodrome, AERO emissions are happening, and Retroactive Airdrop Season 1 is open now.

Read the thread carefully to learn about our community-first launch↓ https://t.co/yCnoVbyt1g

base.org | Collects ≤ $5 of creator coins to support artists · Not financial advice wallet.coinbase.com/purchases-disclaimer

Hey @everyone — I'm Shugo, co-founder of Phi.

We officially launched $PHI last Friday (October 10th) on @base.base.eth. Our TGE was conducted transparently with Aerodrome and Arrakis Finance (via a self-custodial MM vault), meaning there were no insider deals with CEX and MMs.

However, shortly after TGE, we faced a tough market environment following the largest crypto liquidation in history triggered by Trump’s new tariff announcement last Saturday.

I’m doing my best to manage the situation with all stakeholders; Aerodrome, Arrakis Finance, and our investors. Our team remains fully committed to building better products, driving real traction, and growing together with our user and creator community.
https://x.com/phi_xyz/status/1976624317330067744