# 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**

🔹 **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:\
  ✅ **Boosting other incentives**\
  ✅ **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**:

✅ **Crafting Ingredients** – Required for **special drops & collectible upgrades**.\
✅ **Burn & Recycling Mechanics** – Used to **obtain new NFTs** by recycling **older assets**.\
✅ **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.

<figure><img src="/files/ti3peZM9rYabusUZ1cLH" alt="" width="375"><figcaption><p>A redeemable $PXJ token coin</p></figcaption></figure>


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