Pharaoh Liquid Staking Token

p33 is the liquid-staked version of xPHAR and can be minted with xPHAR. The p33:xPHAR ratio starts at 1.00:1.00 and increases in p33's favor as rewards accrue from fees, vote incentives and rebases. After every weekly epoch flip rewards from fees and vote incentives are automatically sold to increase the p33:xPHAR ratio, this increase includes rebases from user and emission exits. Below is an example showing how p33:xPHAR ratio will increase over time