Binance, one of the world’s leading cryptocurrency exchanges, has announced a new staking campaign through its Launchpool feature. This latest campaign will reward participants with up to 350 million PIXEL tokens in anticipation of the live launch of the Ronin gaming token.
The PIXEL token is the native token associated with Pixels, a popular crypto game that operates on the Ronin network. In an effort to encourage users to participate in staking activities, Binance customers can earn PIXEL tokens by staking either BNB, the platform’s native token, or the FDUSD stablecoin in their respective liquidity pools.
This staking campaign will distribute 7% of the total PIXEL supply, which amounts to 350 million tokens. The Launchpool promotion is scheduled to begin on February 9 and will run for a period of 10 days. Following the campaign, the PIXEL token will be officially listed on Binance for trading starting from February 19.
While 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, there is a possibility that around 28,000 wallets will be eligible based on their in-game achievements.
Pixels is a farming and life simulation game that operates on the Ronin network, an Ethereum scaling network specifically designed for gaming. Since migrating to Ronin last year, Pixels has seen a significant increase in daily active users, thanks in part to the introduction of play-to-airdrop campaigns. This move has not only showcased the potential for blockchain technology and gaming but has also driven adoption for both the Ronin network and the game itself.
The upcoming Launchpool promotion from Binance presents a great opportunity for users to earn PIXEL tokens and get involved in the growing world of blockchain-based gaming. With the official listing of the PIXEL token on Binance, more traders and investors will have access to the token, potentially leading to an increase in its value. The success of Pixels and other games on the Ronin network has demonstrated the transformative potential of blockchain technology in the gaming industry.
By launching this new staking campaign for PIXEL tokens, Binance is further expanding its offerings in the gaming and blockchain space. With the potential for airdrops and the official listing on Binance, participants in the campaign have the opportunity to reap the rewards of their staking activities. This campaign not only highlights the benefits of blockchain technology in gaming but also paves the way for increased adoption and growth in the industry.