What is Sphynx Network?

Sphynx Network
1 min readJun 14, 2021

-> Sphynx Network is a decentralized token built in Solidity, using BEP20 standard and running on BSC network, audited and secured by EtherAuthority.

->Sphynx Network is using alchemy in blockchain technology to build the next generation of yield farming and liquidity mining by introducing the full potential of NFTs into the DeFi space.

-> Sphynx Network has the traditional DeFi option to stake your LPs in different pools and earn SPH, which will be the governance token of the platform.

-> Beside the traditional way to earn yield based on the staked amount in your wallet, Sphynx Network will build an ecosystem where instead of your wallet being linked to a stake, an NFT will take the rights to those staked funds and the yield.

-> The alchemy in blockchain comes with using LPs to mint and stake one NFT, one time only, to unlock multiple rewards from different platforms simultaneously! ⚗️⚗️⚗️

-> Sphynx Network aims to deliver a working product as a cards combat platform, where LPs are used to mint NFTs with different elementals such as (psychic, light, sound, air, fire, water, earth and attributes like (rarity, age, natural ability, active score, armor and weapon score, fame score, magical item score, agility charisma stamina, intellect, strength, etc) where users will fight for SPH and BNB

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Sphynx Network

The next generation of yield farming and liquidity mining will be introduced by Sphynx Network to Decentralized Finance Space.