From Friday, Binance’s 46th Launchpool kicks off, giving investors the chance to win play-to-earn PIXEL tokens. Let’s take a look at what it takes to be eligible for these rewards and what you need to know to take part.
The PIXEL arrives as the 46th Binance Lauchpool
Today, the cryptocurrency exchange Binance presented its 46th Launchpool and honored the Pixels project to allow its users to win PIXEL tokens:
Introducing @pixels_online $PIXEL on Binance Launchpool!
Farm $PIXEL by staking BNB and $FDUSD
➡️ https://t.co/yJ5wPJqLPL pic.twitter.com/hXEjOO3rmG
– Binance (@binance) February 8, 2024
Thus, this new Launchpool will begin on Friday and will enable holders of BNB as well as FDUSD stablecoin to share an allocation of 350 million PIXELs, or 7% of the total asset offering, for 10 days.
In terms of allocation, 25% of this offer will be dedicated to the FDUSD pool and the remaining 75% to the BNB pool.
Here again, the operation remains the same as for each Lauchpool: rewards are paid out every hour in proportion to your investment in relation to the total assets at stake.
As usual, we’d also like to reiterate our advice of caution. Indeed, while this operation may be an opportunity to generate returns for investors already holding BNBs and/or FDUSDs on Binance, those who choose to acquire them solely for this operation should bear in mind that this may not necessarily be profitable.
What is Pixels and its token PIXEL?
Operating on the Ronin Network (RON), Pixels is a play-to-earn concept based on the customizable lands of certain metaverses, offering advantages to players. The graphics have a retro look reminiscent of old RPGs :
Land preview on Pixels
In terms of gameplay, the project defines itself as an “open world of agriculture”:
“Pixels is an open world of farming and exploration, built with one pixel at a time. Gather resources, hone skills and build relationships as you explore the story and quests woven throughout the Pixels universe.”
As for the PIXEL tokens earned during the Launchpool, investors will be free to keep them or resell them against other assets of their choice.
