$XRP
StableSnapshot Window: 2026-09-16 08:20 UTC Β· β Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 1, Retweets: 0, Likes: 9, Impressions: 946
Verbatim Community Citations & Social Evidence 2 source posts analyzed
Every time someone buys or sells $PHT, there is a small 5% tax. That tax is split like this: β’1% β Automatically burned (sent to a dead address where no one can touch it). β’2% β Given as rewards to people who hold $PHT. β’1% β Marketing. β’1% β Added to liquidity (helps
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AI visual note: A cartoon phoenix mascot in a brown shirt points to a whiteboard displaying "PHOENIX TOKEN" and "PHT BURN FUNCTION β Learn how our token burning occurs," visually introducing the tokenomics breakdown where 1% of every transaction's 5% tax is permanently burned to a dead address.
For most people whoβve been in crypto for more than a year, Synapse is just another mediocre bridge that banned peopleβs wallets without any explanation. Trust me, nobody is comparing Synapse to @DeriveXYZ simply because nobody gives a fuck about Synapse.