PhoenixDAO and Bittrex Global are airdropping 44.000.000 PHNX to all HYDRO holders in a ratio of 100 HYDRO : 1 PHNX
HYDRO deposit must be completed before May 26th, 2020 at 17:00:00 UTC.
(Snapshot will be taken on May 26th, 2020 at 18:00:00 UTC.)
The BTC-PHNX market will open for trading on May 28th, 2020 at 18:00 UTC.
Official announcement can be found here.