πŸͺ™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

We’ll introduce $PXJ during Season 1 on WAX, acting as our main utility token throughout the project.

Total Supply: 10 Billion PXJ

πŸ”Ή Seasonal Distribution Model – 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

  • … 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:

1️⃣ 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.

2️⃣ LP & Staking Rewards (20%)

  • Salsa/MEAL Pools & Alcor Farms will distribute PXJ staking rewards for liquidity providers.

3️⃣ Initial Liquidity & Team Reserves (15-25%)

  • Liquidity Pools (LPs) will receive an initial PXJ allocation, partially funded by team sales revenue.

4️⃣ WaxRocks Council Allocation (20%)

  • Governance-controlled allocation, allowing the WaxRocks Council to decide on: βœ… Boosting other incentives βœ… Airdrops for rare traits & collectibles

5️⃣ WaxDAO Crafting Rewards (20%)

  • Select crafted collectibles will be eligible for PXJ staking rewards via WaxDAO.

6️⃣ 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:

βœ… Crafting Ingredients – Required for special drops & collectible upgrades. βœ… Burn & Recycling Mechanics – Used to obtain new NFTs by recycling older assets. βœ… DAO & Governance (Future Seasons) – 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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