Binance Launchpool Offers 350 Million PIXEL Tokens for Staking Rewards

Share This Post

Binance is preparing to launch a new staking campaign through its Launchpool feature. This time, the rewards will come in the form of up to 350 million PIXEL tokens, which will be distributed among participants in anticipation of the live launch of Ronin gaming token later this month.

PIXEL is a native token associated with Pixels, a popular crypto game that operates on the Ronin network. The game’s token will be introduced alongside a Binance Launchpool promotion, providing users with incentives to participate in staking activities.

Stake and Earn PIXEL Tokens

Binance customers can earn PIXEL tokens by staking either the platform’s native token, BNB, or the FDUSD stablecoin in respective liquidity pools. This campaign will distribute 7% of the total PIXEL supply, which amounts to 350 million tokens.

The Launchpool promotion is set to begin on February 9 and will last for 10 days. Following this, the PIXEL token will be officially listed on Binance for trading starting from February 19.

It is still unclear whether Pixels will conduct airdrops of PIXEL tokens to players who have successfully completed the game’s play-to-airdrop campaigns. However, there is a possibility that around 28,000 wallets will be eligible based on their in-game achievements.

Pixels – A Farming and Life Simulation Game

Pixels is a farming and life simulation game that operates on Ronin, an Ethereum scaling network designed specifically for gaming. The game was previously hosted on the Polygon network but made the move to Ronin in the fall of last year.

Since the migration and introduction of play-to-airdrop campaigns, Pixels has contributed significantly to an increase in daily active users on the Ronin blockchain. This move has also helped to showcase the potential for blockchain technology and gaming, as well as driving adoption for both networks.

Final Thoughts

The upcoming Launchpool promotion from Binance is a great opportunity for users to earn PIXEL tokens and get involved in the growing world of blockchain-based gaming. With the official listing on Binance, more traders and investors will have access to the PIXEL token, potentially leading to an increase in its value.

Furthermore, the success of Pixels and other games on Ronin has shown the potential for blockchain technology to transform the gaming industry. As more games and platforms continue to adopt blockchain, we can expect to see further growth and adoption in this exciting space.  



Source
Binance Launchpool Offers 350 Million PIXEL Tokens for Staking Rewards is written by David Andrews for nftnewstoday.com

Related Posts

US energy officials agree to ‘destroy’ all data from crypto mining survey

United States energy officials have reached an agreement with...

Binance’s woes in Nigeria continue to mount

Binance’s woes in Nigeria continue to mount.  There was confusion...

Cryptocurrency Mining: A Beginner’s Guide to Generating Digital Assets

Cryptocurrency mining is a process that allows individuals to...

Inside Web3War v3.0: Ranked Matches, Real Rewards, and Skill2Earn Dynamics

Roll1ng Thund3rz has unveiled the latest version of its...

Diversifying Your Cryptocurrency Portfolio: Strategies for Beginner Investors

Diversification is a fundamental principle of investment management that...

Understanding Blockchain Technology: The Foundation of Cryptocurrency

Blockchain technology has emerged as the backbone of cryptocurrencies,...
ethereum
Ethereum (ETH) $ 3,417.56
bitcoin
Bitcoin (BTC) $ 61,738.54
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 0.631089
binance-usd
BUSD (BUSD) $ 1.00
cardano
Cardano (ADA) $ 0.728799
dogecoin
Dogecoin (DOGE) $ 0.138812
litecoin
Litecoin (LTC) $ 91.43
solana
Solana (SOL) $ 128.88