Binance Launchpool: Earn Pixels (PIXEL) Tokens by Staking BNB or FDUSD

Leading cryptocurrency exchange Binance has announced Pixels as the next project that will be featured on the Binance Launchpool staking platform.

Between February 9 at 00:00 UTC and February 18 at 23:59 UTC, users will be able to earn Pixels (PIXEL) tokens on Binance simply by staking BNB or FDUSD. The staked coins can be withdrawn at any time, and you’ll be able to keep your PIXEL token rewards even if you withdraw before the farming period concludes.

Earn PIXEL Tokens on Binance

Binance plans to distribute 7% of the total PIXEL token supply to users on Launchpool. This translates to 350 million PIXEL tokens out of a total supply of 7 billion tokens.

80% of these rewards will be distributed to BNB stakers, while the FDUSD pool will receive 20% of the rewards. However, this doesn’t necessarily mean that you will earn more PIXEL if you stake BNB rather than FDUSD. It all depends on how big the size of your stake is relative to the size of the staking pool you’ve selected. 

New #Binance Launchpool: $PIXEL@pixels_online is a social Web3 game built on the Ronin Network.

Learn more ?https://t.co/Vd0qxgsv41

— Binance (@binance) February 8, 2024

In addition to featuring Pixels on its Launchpool platform, the Binance exchange will also be listing the PIXEL token for trading. Trading will go live on February 19 at 10:00 UTC, and PIXEL will be available in trading pairs against BTC, USDT, BNB, FDUSD, and TRY.

It is worth noting that Binance will be listing PIXEL with the “Seed Tag”, which is used to label crypto projects that are still very early in their development. Cryptocurrencies with this tag were previously known in the “Innovation Zone”. The purpose of the Seed Tag is to let users know that the cryptocurrency might be more volatile and risky compared to most other cryptos listed on the exchange.

What is Pixels (PIXEL)?

Pixels is a Web3 game that runs on the Ronin Network, an Ethereum sidechain that’s specifically designed for gaming applications.

The game features an open-ended world that’s focused on farming and exploration. Players can gather resources, advance their skills, build relationships with other players, and complete quests related to the main story. 

The world of the Pixel Universe consists of small and large land tiles that can be bought and rented. Each plot tile, or farm land NFTs, as they are called in the game, features a player-owned house. These tiles give players additional space, functionality, and the highest yield out of all plot types.

Players enjoy complete ownership of their in-game items, and the game also implements play-to-earn mechanics that allow players to earn real money simply by playing the game. 

The backbone of the game is the PIXEL token, which grants holders several rights. It can be used for NFT minting, purchasing VIP battle passes, joining guilds, and in-game purchases. In time, the token will be used for governance purposes, although the team has not released a detailed timeline as of recording this video. The platform also features another token called Berry, which is used as the primary in-game currency. 

How to earn PIXEL tokens on Binance Launchpool?

If you want to earn PIXEL tokens, the first thing you’ll need is a Binance account.

Create Binance Account

Please keep in mind that only users who complete an identity verification process with Binance are eligible to participate in Pixels token farming on Binance Launchpool.

Once your account is ready, you’ll need some BNB or FDUSD tokens to stake. If you already own these tokens, you can deposit some to your Binance account. Otherwise, Binance offers plenty of ways of buying these tokens with either crypto or fiat. 

After your account is verified and loaded up with some BNB or FDUSD, head over to the menu on the top side of the Binance interface and select “More”. Then, go to “Launchpad & Launchpool”.

Then, find the available Pixels farming pools. Depending on which tokens you want to stake, select BNB Pool or the FDUSD Pool. Next, follow the instructions provided by the exchange.

As a final note, here’s a quick breakdown of key dates and information about the Pixels Launchpool campaign: