Kickstarting the PXJ-Economy
$PXJ Token: The Heart of Pixel Journey
The $PXJ token is the core currency of the Pixel Journey ecosystem, driving collectibles, staking, rewards, and governance.
Launch & Distribution Plan
Weβll introduce $PXJ during Season 1 on WAX, acting as our main utility token throughout the project.
Total Supply: 10 Billion PXJ
πΉ Seasonal Distribution Model β Approximately 10% of the remaining supply will be distributed each season:
Season 1: 1 billion PXJ
Season 2: 900 million PXJ
Season 3: 810 million PXJ
β¦ and so on, gradually decreasing each season.
This results in a built-in halving mechanism that reduces distribution output after the 6th season.
Season 1 Token Allocation (~1 Billion PXJ)
The Season 1 distribution follows a carefully balanced model to encourage engagement, sustainability, and growth:
1οΈβ£ Burnable NFT Rewards (10%)
Special burnable NFTs will provide randomized PXJ amounts.
Some will be given away via events & promotions, while others will be sold for WAX or PXJ.
2οΈβ£ LP & Staking Rewards (20%)
Salsa/MEAL Pools & Alcor Farms will distribute PXJ staking rewards for liquidity providers.
3οΈβ£ Initial Liquidity & Team Reserves (15-25%)
Liquidity Pools (LPs) will receive an initial PXJ allocation, partially funded by team sales revenue.
4οΈβ£ WaxRocks Council Allocation (20%)
Governance-controlled allocation, allowing the WaxRocks Council to decide on: β Boosting other incentives β Airdrops for rare traits & collectibles
5οΈβ£ WaxDAO Crafting Rewards (20%)
Select crafted collectibles will be eligible for PXJ staking rewards via WaxDAO.
6οΈβ£ Partnership & Promo Allocations (5%)
Reserved for collaborations, promo events, and external NFT collections.
(Note: All percentages are based on the seasonal allocation, not the total supply.)
PXJ Token Utility
Beyond staking, LP rewards, and governance, PXJ will have multiple use cases:
β Crafting Ingredients β Required for special drops & collectible upgrades. β Burn & Recycling Mechanics β Used to obtain new NFTs by recycling older assets. β DAO & Governance (Future Seasons) β Will play a larger role in PixelDAO voting & decision-making.
For Season 1, governance will be primarily handled by the WaxRocks Council, with PXJ integration into the PixelDAO planned for later seasons.
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