# 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. \
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**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 The BNB can be withdrawn every **24 hours**.\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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