Binance has announced the launch of Pixels (PIXEL), a social web3 game built on the Ronin Network, as the 46th project on its Launchpool platform. Users will be able to stake their BNB and FDUSD tokens into separate pools to farm PIXEL tokens over ten days, starting from February 9, 2024.
Pixels is an interoperable web3 farming game that allows players to create their own virtual farms, customize their characters, and interact with other players in a decentralized and open world. Players can also earn PIXEL tokens by completing quests, harvesting crops, and trading items on the marketplace. PIXEL tokens can be used to buy land, seeds, tools, and other in-game assets, as well as governance rights in the Pixels DAO.
According to the official announcement, Binance will list PIXEL on its exchange on February 19, 2024, and open trading with five trading pairs: PIXEL/BTC, PIXEL/USDT, PIXEL/BNB, PIXEL/FDUSD, and PIXEL/TRY. The Seed Tag will be applied to PIXEL, indicating that it is a new and innovative project with high potential.
The PIXEL Launchpool details are as follows:
Token Name: Pixels (PIXEL)
Max Token Supply: 5,000,000,000 PIXEL
Launchpool Token Rewards: 350,000,000 PIXEL (7% of max token supply)
Initial Circulating Supply: 771,041,667 PIXEL (15.42% of max token supply)
Smart Contract Details: Ethereum, Ronin
Staking Terms: KYC required
Hourly Hard Cap per User:
116,666.66 PIXEL in BNB pool
29,166.66 PIXEL in FDUSD pool
Supported Pools:
Stake BNB: 280,000,000 PIXEL in rewards (80%)
Stake FDUSD: 70,000,000 PIXEL in rewards (20%)
Farming Period: 2024-02-09 00:00 (UTC) to 2024-02-18 23:59 (UTC).
Binance Launchpool is a platform that allows users to stake their tokens and earn rewards from new projects. Since its launch in September 2020, Binance Launchpool has supported 45 projects, including PancakeSwap, Injective Protocol, Alpha Finance Lab, and more.
Source: https://azcoinnews.com/binance-launches-pixels-a-web3-farming-game-on-its-launchpool-platform.html