Phina Network PhinaPay: How Phina Lab Expands Token Creation Phina Network has announced PhinaPay, a new update from its Phina Lab platform. The announcement says multi-chain EVM support is n
Phina Network has announced PhinaPay, a new update from its Phina Lab platform. The announcement says multi-chain EVM support is now available for token creation. This guide explains what is PhinaPay, how it connects to Phina Lab and what the sources do and do not confirm. The facts come from the official @phinanetwork announcement and the Phina Lab page.
Key Takeaways
PhinaPay was introduced as a Phina Lab update that adds multi-chain EVM support for token creation.
Phina Lab describes itself as a Web3 suite live on five EVM chains, though the announcement graphic shows more.
The sources give no fees, steps or token standards, so those details need checking on the platform.
Phina Network is a crypto project on BNB Smart Chain. The official website lists PHN as its native token. According to the GitBook, PHN covers network fees, staking, governance votes and payments in its dApps.
The wider ecosystem includes staking, holder rewards, a PayCard, NFT gaming and mining plans. Phina Network PHN is the token tying those pieces together. The announcement does not say whether PhinaPay uses it.
Source: official website.
Phina Lab calls itself “the complete Web3 creation and launch ecosystem.” Its tagline reads: Build. Launch. Trade. Earn.
The page lists five things users can do from one platform.
Action
What the page says
Create tokens
Make new tokens
Build DApps
Create decentralized apps
Launch presales
Run token sales
Provide liquidity
Supply trading liquidity
Trade
Buy and sell on the platform
The page also carries a “Premium Web3 Suite, live on 5 EVM chains” label.
The announcement reads “Introducing PhinaPay!” and sits under the headline “New Update: PhinaLab.” That makes Phina Lab PhinaPay a single story: PhinaPay is the name attached to this release.
The post states the update in one line. Multi-chain EVM support is now available for token creation, so tokens can be created across supported EVM chains. Nothing in the post links PhinaPay to the PayCard. The two should be treated as separate products unless the project says otherwise.
PhinaPay Multi-Chain EVM Support
EVM stands for Ethereum Virtual Machine, the engine that runs smart contracts. EVM-compatible chains all run the same type of contract, so one token design can work on many networks. Ethereum and BNB Chain are two of them.
Before this update, creating a token meant picking a single network. With multi-chain EVM support, the same platform covers several. The tweet’s wording is that tokens can be created across supported EVM chains.
Two sources list chains, and they do not match exactly.
Chain
PhinaLab page
Announcement graphic
Ethereum
Yes
Yes
BNB Chain
Yes
Yes
Base
Yes
Yes
Polygon
Yes
Yes
Arbitrum
Yes
Yes
Avalanche
Not listed
Yes
Optimism
Not listed
Yes
“And more”
Not listed
Yes
The page says “live on 5 EVM chains.” The graphic shows seven names plus “and more.” The likeliest reading is that the page predates the update or the extra chains are rolling out. Either way, the live platform is the place to confirm which chains work today.
For a creator, the update widens where a token can live. A project can choose a chain by cost, audience or ecosystem, such as Base for low fees or Ethereum for reach (general knowledge, not from Phina).
Keeping token creation next to presales, liquidity and trading in one place is the Lab’s main pitch. Creating a token is only the first of five steps listed on the page.
The PhinaLab page shows live counters. These are the project’s own figures from a screenshot, and the row continues past what was visible.
Counter
Value
Total projects
1,500
Tokens created
1,900
Trading volume
$89.40M
Total liquidity
$24.70M
Total users
17,000
Transactions
5,000
Counters like these update over time and are not independently verified. They show activity on the platform, not the quality of any token on it.
The announcement points to lab.phina.network as the place to start. It does not describe the steps, the fees or the token standard used.
For that reason, the sequence below is general practice for any token creator, not Phina’s documented flow.
Open Lab from the official announcement link, not from a search ad or a direct message.
Connect a wallet set to the chain you want.
Keep enough of that chain’s native coin for network fees.
Read each screen before confirming, since blockchain actions cannot be undone.
To create tokens on EVM chains with PhinaLab, the platform’s own prompts and fee display should always override any outside guide.
Most Phina products serve holders and users: staking, rewards, a card and NFTs. PhinaLab serves builders. It is the part of the project where outside creators make tokens and launch them.
That is an editorial reading, not a project statement. It explains why the Lab-update matters to people who never use the PayCard.
Anyone can create a token on a platform like this, and a token being created there says nothing about its quality.
Fake or abandoned tokens can appear on any creation platform (general knowledge).
Token creators should check fees and contract details before paying.
Buyers should treat every Lab-launched token as a separate project to research.
Information should come only from phina.network, the GitBook and the official @phinanetwork account.
Phina Network PhinaPay turns PhinaLab into a multi-chain token creator, at least according to the announcement. The platform pitch is clear: build, launch, trade and earn in one place.
What is still missing is detail. Fees, steps and the final chain list should be confirmed on the live platform before anything is created or bought.
Disclaimer: This article is for information only and is not financial advice. Crypto tokens are volatile and carry a high risk of loss. Please verify everything on the official pages.
