The cryptocurrency ecosystem continues to evolve with innovative ways for users to engage with emerging blockchain projects. Binance, one of the world’s leading digital asset platforms, has officially launched its 46th New Token Mining initiative—this time spotlighting Pixels (PIXEL), a vibrant social gaming experience built on the Ronin network. This marks a significant opportunity for crypto enthusiasts to get early exposure to a promising gaming token through low-barrier participation.
👉 Discover how to start earning PIXEL rewards today with flexible staking options.
What Is Pixels (PIXEL)?
Pixels is a social network game that blends casual gameplay with blockchain-based rewards, operating on the Ronin blockchain—known for its high-speed transactions and low fees. Designed to appeal to both gamers and crypto investors, Pixels offers an engaging virtual world where players can build farms, complete quests, and earn in-game assets that hold real economic value.
As part of Binance’s New Token Mining program, users can now stake BNB or FDUSD to mine PIXEL tokens over a 10-day period. This initiative not only supports the project’s decentralization but also allows participants to accumulate tokens before they are listed for public trading.
Key Token Metrics
- Token Name: Pixels (PIXEL)
- Maximum Supply: 5,000,000,000 PIXEL
- Initial Circulating Supply: 771,041,667 PIXEL (~15.42% of total supply)
- Total Available for Mining: 350,000,000 PIXEL (7% of max supply)
- Blockchain Support: Ethereum and Ronin
- KYC Requirement: Yes
- Mining Duration: February 9, 2024, 08:00 (UTC+8) to February 19, 2024, 07:59 (UTC+8)
How the Mining Pool Works
Binance has structured the mining pool into two distinct channels, allowing users to choose their preferred staking asset:
- BNB Mining Pool: Accounts for 80% of the total mining allocation (280,000,000 PIXEL)
- FDUSD Mining Pool: Represents 20% of the total (70,000,000 PIXEL)
Each pool operates independently, with real-time updates on annualized returns and total staked assets. Users can freely move their funds between pools at any time, ensuring flexibility in strategy based on yield performance.
Hourly Reward Calculation
To ensure fairness and transparency, Binance takes multiple random snapshots every hour of users’ holdings within each mining pool. The average balance across these snapshots determines the hourly reward distribution. Rewards accumulate hourly and can be claimed at any time directly into your spot wallet.
Additionally:
There is a per-user hourly mining cap:
- BNB Pool: 116,666.66 PIXEL per user per hour
- FDUSD Pool: 29,166.66 PIXEL per user per hour
- Unclaimed tokens and staked assets will automatically return to your account once the mining period ends or the pool is fully depleted.
Strategic Participation Tips
Participating in new token mining requires more than just staking—it involves understanding timing, allocation, and yield optimization.
Early Entry Advantage
Since rewards are distributed daily at fixed quotas (35 million PIXEL per day), early participation increases your share of the daily pie. With consistent daily allocations across the 10-day window:
- Total Daily Mining: 35,000,000 PIXEL
- BNB Pool Daily: 28,000,000 PIXEL
- FDUSD Pool Daily: 7,000,000 PIXEL
Note: The daily cycle follows UTC time (00:00–23:59), which translates to 08:00–next day 07:59 in UTC+8.
Staking early reduces competition density and maximizes potential returns before late entrants dilute per-capita yields.
Leveraging BNB Ecosystem Benefits
Holders of BNB have additional advantages:
- BNB in BNB Yield Pool or BNB Locked Products will automatically participate in the mining event.
- If multiple mining events run concurrently, BNB allocations are evenly split unless otherwise specified.
- BNB used as collateral in flexible loans will not qualify for mining rewards.
Importantly, staked BNB still counts toward VIP tier eligibility, airdrop qualifications, and Launchpad participation—ensuring no loss of ecosystem benefits.
👉 Learn how you can maximize your BNB utility while earning new tokens.
Upcoming Trading Launch
After the mining phase concludes, Binance will list Pixels (PIXEL) for trading on February 19, 2024, at 18:00 (UTC+8). Trading pairs will include:
- PIXEL/BTC
- PIXEL/USDT
- PIXEL/BNB
- PIXEL/FDUSD
- PIXEL/TRY
The listing will follow Seed Tag trading rules, which may impose initial trading limits for new users to ensure market stability during the launch phase.
This listing provides a clear exit or scaling opportunity for miners who wish to realize profits or reinvest in long-term holdings.
Frequently Asked Questions (FAQ)
Q1: Can I stake both BNB and FDUSD at the same time?
Yes. You can allocate funds to both the BNB and FDUSD mining pools simultaneously. Each pool calculates rewards independently, so diversifying your stake can help balance risk and optimize returns.
Q2: When will I receive my mined PIXEL tokens?
Rewards are calculated hourly and updated in real time. You can claim them anytime during the mining period directly to your spot wallet. Any unclaimed tokens will be auto-distributed when the event ends.
Q3: Is there a minimum staking amount?
Binance does not specify a minimum staking threshold for this event. However, very small balances may generate negligible rewards due to proportional distribution mechanics.
Q4: Does staking FDUSD carry any risk?
FDUSD is a fully reserved stablecoin issued by Binance, pegged 1:1 to the US dollar. While it carries minimal volatility risk, always consider counterparty and smart contract risks inherent in any crypto product.
Q5: Will PIXEL be available on other exchanges soon?
While Binance is the first major exchange to list PIXEL through its Launchpad program, future availability on other platforms depends on the project team’s distribution strategy and exchange partnerships.
Q6: Can I withdraw my staked assets during the mining period?
Yes. You can redeem your BNB or FDUSD from a mining pool at any time. However, doing so will stop your reward accrual immediately. Redeemed assets can also be moved to the other pool if desired.
Final Thoughts
The integration of gaming and decentralized finance continues to gain momentum, and Pixels (PIXEL) stands at the intersection of fun and financial incentive. By participating in Binance’s New Token Mining program, users gain early access to a project with strong infrastructure backing via the Ronin network.
Whether you're a seasoned DeFi participant or a newcomer exploring play-to-earn ecosystems, this mining event offers a low-risk way to engage with an innovative blockchain game.
👉 Start earning next-gen gaming tokens with simple staking—see how easy it is to get started.