Rewriting the article:
Information on Pixel Launchpool on Binance and the Project's Tokenomics
Pixels, the 46th project launched on Binance's Launchpool, is a Web3 Social game set to experience significant growth with its listing on Binance. Following in the successful footsteps of its predecessor in the GameFi sector, Axie Infinity, Pixels has raised $4.8 million from several well-known investors in the Web3 space.
Details on Binance LaunchPool and Tokenomics
The maximum supply of PIXEL is set at 5 billion, with 7% of the total token supply, amounting to 350 million PIXEL, allocated for Launchpool rewards.
The circulating supply is 771,041,677 PIXEL, with 15% allocated for the token. Users can stake BNB and FDUSD, with a staking limit set at 116,666.66 PIXEL for the BNB pool, and 29,166.66 PIXEL for the FDUSD pool.
Roadmap
Binance is scheduled to list PIXEL on February 19, 2024, at 10:00 UTC.
Trading pairs will include:
- PIXEL/BTC
- PIXEL/USDT
- PIXEL/BNB
- PIXEL/FDUSD
- PIXEL/TRY
Tokenomic Development
For any Web3 game to achieve long-term success, sustainability must be a priority.
Pixels is focusing on developing its in-game token strategy with an emphasis on $PIXEL, gradually phasing out $BERRY. Holders of $BERRY will be rewarded with $PIXEL, with a conversion rate of 1000 $BERRY to 7.6 $PIXEL.
Why focus on developing a sustainable ecosystem?
To address complex issues such as the previous daily inflation rate of 2% for $BERRY, building a more sustainable ecosystem is crucial. This approach aims to avoid future challenges in managing on-chain soft currencies and to reduce selling pressure by limiting the ease of sale on the market or decentralized exchanges (DEX) for off-chain coins.
Conclusion:
With an innovative approach, a robust encryption system, and a commitment to community-driven development, Pixels is ushering in a new era for Web3 Social gaming.