Phenom Poker has overhauled its loyalty program: with Rewards 2.0, players can get back up to 80% of the rake they pay at any table. Here’s a rundown of everything that matters.
Up to 80% rakeback
The program has 5 tiers with increasing rakeback (from 20% at Bronze to 80% at Phenom).
Rakeback is made up of four components (boosts):
- Tier boost — the main one, depends on your tier in the program
- Action boost — awarded for active play (playing more hands than most players over the last 90 days)
- Loyalty boost — a personal reward for loyalty (builds up gradually)
- Owner boost — for staking PHNM (from 100 PHNM)
Rakeback is recalculated every week.
Program tiers
Points are earned for rake paid over the last 365 days (1 point = 1 CHIP of rake in any game type).
| Tier | Points |
|---|---|
| Bronze | 0 |
| Silver | 100 |
| Gold | 2,500 |
| Platinum | 15,000 |
| Phenom | 75,000 |
Once you reach a tier, you keep it for a full year. If you reach the required number of points again, the year starts over. Players keep their current tier for at least 6 months after the new rules launch.
Grind Prix leaderboards
Daily leaderboards will be replaced by weekly ones (each race runs from Monday 00:00 to Sunday 23:59 UTC).
Leaderboards will be split by stakes: Nano, Micro, Low, Mid and High. Points are awarded for every 1 CHIP of rake in hands with 3 or more players. Winners get access to the Phenom Invitational freeroll.
Freerolls
There will now be several types:
- Daily tournaments open to all players
- Tier freerolls: Silver+ at peak hours, Gold+ on Sundays, Platinum+ once a month
- The quarterly Phenom Invitational for Phenom-tier players and Grind Prix leaderboard winners
- A weekly 250 CHIP tournament for newcomers, available during the first 30 days after registration. To qualify, deposit at least 100 CHIP. Every 25 CHIP of rake paid unlocks an additional entry (up to four in total).
PHNM Buyback
Every week, Phenom Poker allocates part of its net rake (from 3% to 15%) to the PHNM token:
- Half is used to buy back PHNM on the open market (supporting demand for the token)
- The other half goes into the PHNM liquidity pool on the Aerodrome exchange (making the token easier to buy and sell)
The more rake players generate, the more money goes into the buyback. All purchases are public and can be verified (they are published within 24 hours).
Rewards in PHNM
Players can now choose to receive part of their weekly rewards in PHNM, either right away or locked for a set period in exchange for a bonus.
| How you receive it | Bonus |
|---|---|
| PHNM right away | — |
| Locked for 26 weeks | +5% |
| Locked for 52 weeks | +10% |
| Locked for 104 weeks | +20% |
The option applies to rakeback, agent rewards and staking rewards of 25 CHIP or more. It is turned off by default.
Owners Club
The Owners Club is open to anyone staking 100 PHNM or more.
Benefits:
- Direct contact with the poker room team
- Invitations to future Phenom Poker team events
- Priority consideration for governance proposals
- An exclusive badge in the client
Tokens locked for 2 years count 1.5x toward your Owners Club level.
More details are available in the Rewards Center menu in the client, and you can track the buyback on the staking dashboard.
