Black Phoenix(BPX), a fully on-chain liquidity protocol for Implementing instant cryptocurrency token swaps in a decentralized manner on any smart contract enabled blockchain Black Phoenix design allows for any party to contribute to an aggregated pool of liquidity within each blockchain while providing a single endpoint for takers to execute trades using the best rates available. Black Phoenix Inc. is introducing a TRON TRC-20 cryptographic token called Black Phoenix (BPX). BPX will act as a general-purpose mechanism for transacting in computing resources shared between Black Phoenix clients and a liquid market of service requesters and service providers. BPX will be the unit that denominates transactions for providing services in the BPX-enabled Black Phoenix ecosystem. It will be made available as a divisible token, allowing for granular pricing. Due to the expected volume, direct use of the public TRON blockchain for all transactions is unfeasible. Therefore, Black Phoenix Inc. will deploy an “on-chain/off-chain exchange.” The exchange will enable the transfer of tokens between a high-performance private ledger and the public TRON blockchain.
