Pixels Token Launch on Horizon as Binance Reveals PIXEL Staking Rewards

TL;DR
1.Binance launches PIXEL token, allowing users to earn rewards by staking BNB or FDUSD.
2.Launchpool activation begins Feb 9, with PIXEL token listing on Binance exchange on Feb 19.
3.PIXEL airdrop to top players uncertain, with 28,000 wallets qualifying; timing unclear.
4.Pixels, a simulation game, shifted to Ronin from Polygon, boosting Ronin's active users.
5.Pixels to retire BERRY token, offering swap at 1,000 BERRY for 7.6175 PIXEL tokens.

The eagerly awaited PIXEL token is on the verge of its debut. Pixels, a popular crypto game running on the Ronin network, disclosed on Wednesday its plans to introduce the game’s token alongside a Binance Launchpool promotion, promising users lucrative token rewards.

Binance Unveils PIXEL Staking Rewards

Crypto giant Binance is set to unveil the PIXEL token through its Launchpool program, offering Binance customers the chance to earn PIXEL by staking either Binance’s BNB or the FDUSD stablecoin in dedicated liquidity pools. A total of 350 million PIXEL tokens will be up for grabs during the Launchpool campaign, constituting 7% of the overall token supply.

Launchpool Countdown Commences

The countdown to Launchpool activation kicks off on Friday, February 9, spanning a 10-day period. The culmination of this event will coincide with Binance's listing of the PIXEL token on its exchange on February 19, marking the official launch date for PIXEL trading.

Airdrop Uncertainty Looms

The allocation of PIXEL tokens through airdrops to players who excelled in the game’s play-to-airdrop campaigns remains uncertain. Approximately 28,000 wallets qualify for the PIXEL airdrop based on in-game incentive program outcomes. Despite inquiries from Decrypt’s GG to a Ronin representative for clarity on airdrop timing, a response has yet to materialize.

Pixels: A Thriving Gaming Ecosystem

Pixels is a farming and life simulation game operating on Ronin, an Ethereum scaling network tailored for gaming. Having previously operated on Polygon, another scaling network, Pixels made the transition to Ronin last autumn. The migration, coupled with play-to-airdrop initiatives, has catalyzed a significant surge in daily active users on Ronin, the blockchain predominantly associated with the popular game Axie Infinity. Nansen's data indicates a spike in Ronin active users from approximately 20,000 in November to 665,000 as of Thursday.

BERRY Token Sunsetting and PIXEL Swap

In tandem with the impending PIXEL launch, Pixels revealed plans to retire its existing in-game token, BERRY. This move aims to bolster the game’s token economy. Pixels will facilitate a swap for the token, offering an exchange rate of 1,000 BERRY for 7.6175 PIXEL tokens.

Conclusion:Tokens Launch and Migration

Pixels is poised for the launch of its PIXEL token through a Binance Launchpool promotion, offering users enticing staking rewards. Despite the anticipation, uncertainties linger regarding the distribution of PIXEL tokens through airdrops. The game's migration to the Ronin network has spurred a remarkable increase in active users. Additionally, Pixels announced the retirement of its BERRY token in favor of PIXEL, facilitating a token swap for existing users.