> For the complete documentation index, see [llms.txt](https://phoenixchain.gitbook.io/phoenixchain/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://phoenixchain.gitbook.io/phoenixchain/innovation/an-evolution-in-earning-in-defi.md).

# An evolution in earning in DEFI

You collect BNB by accessing the dashboard page at phoenixchain.finance (soon)\
\
PhoenixChain is a fork of ShieldToken therefore we used their explanation of the rewards mechanisms here:

 Each trade has a **10%** tax whereas **6%** of each transaction gets converted into BNB and added to a BNB pool. This pool will be shared between all [holders](https://bscscan.com/token/0x6884ae24deb7e8fa80dc9d0d56c91d78a250e9b1#balances) according to their share. Furthermore **4%** goes into the Liquidity Pair on Pancakeswap to establish a solid price floor over time. \
\
**6%** of every transaction is taken and converted to BNB and then redistributed to all PhoenixChain holders. The BNB can be withdrawn every **24 hours**.\
**4%** of every transaction contributes toward automatically generating further liquidity on Pancakeswap. This will establish a solid price floor over time.\ <br>

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