Introducing the RON/PIXEL Liquidity Pool on Katana!
Swap on the Katana DEX and provide liquidity now
Key Points
Introducing the RON/PIXEL liquidity pool on the Katana DEX! Swap RON to PIXEL with your Ronin Wallet and vice-versa. No extra action required: it will look and feel like a normal swap.
Today, Binance listed various $PIXEL trading options. However, many of our community members may prefer to use $RON | $RONIN for swapping. That’s why we’re excited to announce the RON/PIXEL pool is now open!
See the RON/PIXEL pool here. You can also provide liquidity and earn rewards!
Today was a big day for Pixels players. The long-awaited $PIXEL token is now available, and tradeable on Binance Launchpool! We understand that some users may have difficulties accessing Binance, while others may prefer to use $RON | $RONIN for swapping. That’s why we’ve created a RON/PIXEL pool on the Katana DEX. Swap RON to PIXEL with your Ronin Wallet and vice-versa. No extra action required: it will look and feel like a normal swap.
What is $PIXEL?
PIXEL is the on-chain digital asset fueling the farming simulation game Pixels.xyz. Use $PIXEL to buy in-game items, upgrades, and cosmetic enhancements – it’s similar to GEMS from the game Clash of Clans. Here’s an overview of the token:
Total Supply: 5,000,000,000
Initial Circulating Supply: 771,041,667 (15.42% of total supply)
Contract Address on Ronin: 0x7eae20d11ef8c779433eb24503def900b9d28ad7?t=contract
Contract Address on Ethereum: 0x3429d03c6F7521AeC737a0BBF2E5ddcef2C3Ae31#code
More info from the Pixels team: https://help.pixels.xyz/en/articles/8049097-what-is-pixel
Here's how $PIXEL integrates into the game according to the Binance Research article.
In-game currency:
NFT Minting: All future NFT mints from Pixels will be in $PIXEL.
VIP Membership: Users will be able to purchase VIP Battle Passes in $PIXEL.
Guilds: Users will be able to join a new social-fi feature (Guilds) by using $PIXEL.
Quality of Life Upgrades: Premium in-game features will be sold in $PIXEL.
Governance: $PIXEL will eventually be used to govern a community treasury.
How to Provide Liquidity for the RON/PIXEL Pool
If you’d like to provide liquidity for the RON/PIXEL pool, you can earn some rewards. Here’s how you can get started:
Step 1: Go to the Katana DEX
Step 2: Connect your Ronin Wallet.
Step 3: Click “Add Liquidity.”
Step 4: Select RON and PIXEL as tokens.
Step 5: Choose “Supply” and confirm the transaction in your wallet.
You will then be able to see your pool share, accrued fees, and analytics.
For visual step-by-step instructions, check out:
How to add a Liquidity Pair: Katana Docs - Pool
Note on Impermanent Loss: Providing liquidity involves risks including impermanent loss, especially if asset prices change significantly. We encourage you to assess your risk tolerance before participating.
Final Thoughts
We welcomed Pixels to our movement in September of 2023. Since their migration to Ronin, we’ve seen the game’s DAU skyrocket as the team shipped relentlessly. Today, there are anywhere from 140K to 170K players logging into Pixels everyday. The $PIXEL token’s launch and its availability through in-game rewards, the Binance Launchpool, our Katana DEX, and more will help make the game’s economy more sustainable. Let’s keep building!
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