



Pharaoh delivers a concentrated-liquidity exchange built on Avalanche’s C-Chain that upgrades traditional AMMs with the advanced x(3,3) metaDEX methodology. Liquidity providers can allocate capital within specific price ranges — increasing capital efficiency and creating deep liquidity zones that behave more like order-book depth while retaining automated market-making benefits.


With the introduction of xPHAR, Pharaoh replaces traditional lock-up governance with a flexible staking-and-vote system. xPHAR holders direct protocol emissions and fee distributions by voting on liquidity pools; minting xPHAR burns a portion of PHAR supply, contributing to supply constriction and aligning long-term incentives. This design lets active participation — not forced lock-ups — power the ecosystem.
Pharaoh combines dynamic fees, MEV-resistant mechanisms, and concentrated liquidity to support a self-reinforcing economic model: trading activity generates fees, which get routed to stakers and liquidity providers; emission direction and staking choices further incentivize robust liquidity. This structure aims for long-term sustainability, security, and community alignment over fleeting hype.


