Phoenix Finance Launches Mainnet and Season 0 Incentive Program

2026-01-21 10:46

Phoenix Finance has launched its mainnet, allowing users to mint PUSD, a payment stablecoin, and utilize the automatic compounding feature of yPUSD, a yield stablecoin. The AI-driven RWA yield-stablecoin protocol aims to address liquidity fragmentation in real-world asset (RWA) markets by converting discrete cash flows into continuous on-chain yields. In conjunction with the mainnet launch, Phoenix Finance will introduce its Season 0 points system on January 26 to reward early liquidity providers and interactive users. The protocol has undergone security hardening and a Sherlock audit. The Phoenix Finance team is set to present its ecosystem expansion plans at the Consensus main venue on February 10.

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