How Tokens Work in CoinPoker, BCPoker, and Phenom Poker Rooms

CHP in CoinPoker: A Token Used for Rakeback Payouts

CoinPoker pays 33% rakeback weekly. However, you won’t receive it if you don’t have CHP, the room’s token, on your balance.

Here is how the loyalty program and CHP work on CoinPoker:

• You pay rake at a table or in a tournament
• You leave the table or bust out of the tournament
• If you have CHP on your balance, the rake you paid is converted into CHP
• Half of the paid rake is retained in CHP, the other half is returned to the player’s balance in USDT
• On the following Monday, 33% of the rake retained in CHP during the week is returned to your balance
• Rakeback is credited to the balance only in CHP

Thus, for a player to receive rakeback, they must have a sufficient amount of CHP on their balance. You can obtain CHP without leaving the room by converting funds in the cashier tab “Buy CHP”, this conversion comes with a 5% fee.

BCD in BCPoker: Get 5 BCD for Registration and KYC Completion

BCD is the BCPoker token in which the registration bonus is paid to all new players.

1 BCD = $1. BCD can be used to play at beginner tables as well as to enter tournaments. Every day at 10:00 UTC, the BCD Glory Battle ,15 BCD & $7.5 GTD starts with a buy-in of 3 BCD.

BCD can be converted into cash. To convert 5 BCD into $5, you need to generate rake in the amount of 250 BCD.

To register on BCPoker, read our review.

PHNM in Phenom Poker: A Token That Gives Ownership Rights in the Room

We conclude our article with one of the most unusual tokens, PHNM at Phenom Poker.

Until 2026, PHNM was the room’s internal token. It was credited to players directly for playing in the room as rakeback.

A total of 50,000,000 tokens have been issued (and no more will be issued):

• 50% distributed among players
• 30% among founders
• 10% among investors
• 10% for marketing

Profit from PHNM could be obtained in two ways:

1. Weekly, 50% of the room’s profit was distributed proportionally among all token holders. The token price was determined by the total amount of rake generated by all players over the last 4 weeks.
2. PHNM could be exchanged for USDT inside the room at any time. The only buyer of the token was the room itself (the Phenom Treasury).

This system did not work, as players massively and unpredictably redeemed PHNM for USDT. Since the room (the Phenom Treasury) itself was the only buyer of the token, there was no money left for reinvestment and development. Therefore, the room decided to reform PHNM. Here is what will change in 2026.

Phenom Hybrid Staking System “The Escalator”: The New PHNM Staking System

To make players exchange PHNM for USDT less frequently, the room decided to incentivize staking the token. The new system offers players two staking options: The Escalator (Flexible Loyalty) and The Hard Lock (Instant Boost). Both are designed to encourage holding the token for as long as possible.

Option 1: Escalator (Flexible Loyalty Program)

This is a loyalty system in which the token is not locked, meaning the player can exchange PHNM for USDT at any time. The player starts with a x0.25 multiplier, and as long as they hold the token, the multiplier increases. After 24 months of holding the token, the player receives the maximum multiplier of x1.5 and the maximum possible reward. This level remains permanent as long as the player continues to hold the token.

Option 2: The Hard Lock (Instant Boost)

The player chooses a time period for which the token will be held (from 4 to 104 weeks). Depending on the selected duration, a multiplier is assigned immediately and remains in effect for the entire lock-up period. In exchange for the instant multiplier boost, all tokens are locked (they cannot be unlocked or redeemed for USDT until the lock-up period ends). After the lock-up period is completed, the maximum multiplier remains, and the token can then be exchanged for USDT.

Either option leads to an increase in rewards of up to x1.5. In the second option, the maximum multiplier is granted instantly. In the first option, the multiplier increases with each new week.

What Happens if You Decide to Exchange PHNM for USDT

A request to exchange the token for USDT is processed within 7 days.

Your progress will be reset. For example, if you have 10,000 PHNM and decide to withdraw 1,000, the remaining 9,000 will continue to stay in staking (the multiplier will be preserved). If you later return the 1,000 PHNM, this portion of tokens will start climbing the loyalty program again from the x0.25 multiplier.

How the Loyalty Program Level Changes Depending on the Amount of PHNM on Your Balance

Depending on the number of tokens in staking, players are assigned different VIP statuses:

Players with different VIP statuses receive different weekly rakeback amounts and also participate in freerolls for their respective VIP tiers.

In addition, depending on the amount of PHNM held, players will receive extra rakeback. Under the updated loyalty program, the maximum rakeback will reach 40%.

PHNM Phnm Will Be Available for Purchase on a DEX

The number of tokens will remain unchanged: 50,000,000. In the near future, PHNM will be migrated to the Base Network. The launch of trading is planned for the end of January. The token will be available for purchase on a decentralized exchange.

Whether the new system will work or not, time will tell.