Binance Launchpool has introduced its 46th project, Pixels (PIXEL), an engaging social casual web3 game built on the Ronin blockchain. This initiative allows users to farm PIXEL tokens using BNB and FDUSD. Below is a detailed guide covering the tokenomics, participation steps, and key highlights of this farming event.
What Is Pixels (PIXEL)?
Pixels is a social gaming platform that integrates blockchain technology, allowing players to engage in a virtual world where they can farm, craft, and trade. Built on the Ronin network, it emphasizes community interaction and a player-driven economy. The PIXEL token serves as the in-game currency, enabling transactions, rewards, and governance within the ecosystem.
PIXEL Tokenomics Overview
- Token Name: Pixels (PIXEL)
- Max Token Supply: 5,000,000,000 PIXEL
- Initial Circulating Supply: 771,041,667 PIXEL (15.42% of max supply)
- Launchpool Rewards: 350,000,000 PIXEL (7% of max supply)
- Supported Networks: Ethereum and Ronin
How to Participate in PIXEL Farming
The farming period starts at 08:00 on February 9, 2024 (UTC+8) and runs for 10 days, concluding at 07:59 on February 19, 2024. Participants can stake BNB and FDUSD in separate pools to earn PIXEL rewards.
Farming Pools and Allocation
- BNB Pool: 280,000,000 PIXEL (80% of rewards)
- FDUSD Pool: 70,000,000 PIXEL (20% of rewards)
Rewards are distributed hourly, and users can claim them to their spot accounts at any time.
Staking Limits and Rules
- BNB Pool Hard Cap per Hour: 116,666.66 PIXEL
- FDUSD Pool Hard Cap per Hour: 29,166.66 PIXEL
Staked BNB will continue to qualify for other benefits such as airdrops, Launchpad allocations, and VIP privileges.
Listing and Trading Details
PIXEL will be listed on Binance on February 19, 2024, at 18:00 (UTC+8). The following trading pairs will be available:
- PIXEL/BTC
- PIXEL/USDT
- PIXEL/BNB
- PIXEL/FDUSD
- PIXEL/TRY
The seed tag will apply, indicating it is a novel and potentially volatile token.
Tips for Maximizing Rewards
To make the most of this farming opportunity, consider these strategies:
- Stake early to accumulate more rewards over time.
- Distribute your holdings between pools based on their real-time annualized yields.
- Monitor your rewards hourly and redeem them periodically.
For those looking to optimize their participation, 👉 explore advanced staking strategies that can help improve yield outcomes.
Restricted Countries and Terms
Residents of the following countries and regions are not eligible to participate:
Belarus, Canada, Cuba, Crimea, Democratic Republic of Congo, Iran, Japan, New Zealand, Netherlands, North Korea, South Sudan, Syria, the United States and its territories, Zimbabwe, and non-government-controlled areas of Ukraine.
Users must complete KYC verification and ensure they are not in a restricted jurisdiction. The list of restricted regions is subject to change based on legal and regulatory updates.
Frequently Asked Questions
What is Pixels (PIXEL)?
Pixels is a blockchain-based social casual game on the Ronin network where players can participate in activities like farming and trading while earning crypto rewards.
How long is the PIXEL farming period?
The farming event lasts 10 days, from February 9 to February 19, 2024.
Can I unstake my assets during the farming period?
Yes, you can redeem your staked BNB or FDUSD at any time and reallocate them between pools.
What are the risks involved?
Crypto assets are volatile, and investment value may fluctuate. Participants should assess their risk tolerance and seek independent advice if needed.
Will staked BNB count toward other Binance benefits?
Yes, staked BNB still qualifies for standard benefits like airdrops and VIP-level perks.
Where can I learn more about the Pixels project?
You can visit the official Pixels website or read their whitepaper for in-depth information.