New release: Token Staking, LPs, and Factions

in Pixels Community6 months ago
Authored by @jfuji

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Many of our Studio owners have been asking after token staking and liquidity pools, and we’re happy to announce that these features are now live. But we’ve also included a fun twist. All your staking and liquidity pool contributions can be aligned with in-game Factions.

How it works: quick version

$PXL tokens can be staked in-game (not on Hive Engine). Access staking in-game here.

The SWAP.HIVE:PXL liquidity pool, however, is on Hive Engine.

The game will track the total staked and provided in the pool (pool tokens get a 1.25x boost). As soon as you have something staked or in the pool, you can choose one of four factions to align your staking power with. These factions (will soon) provide in-game bonuses as well as some extra $PXL every 6 hours.

Preview of the claiming panel

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Details

Choosing and switching factions

At the time of launch, all factions will follow the same rules: they will award some $PXL every 6 hours based on how much you’ve staked. The amount of $PXL depends on a few things:

  • Your stake total (including LP) compared to others who support the faction
  • The faction’s pool of $PXL, which is filled periodically

Since the pool filling and the relative faction support is dynamic, the return figures on staking are not published. Enterprising players may seek to develop their own tools to try and pin the ever-changing figure down though.

In the near future, factions will also begin to provide in-game bonuses on top of their $PXL payouts. Which faction you support may depend on maximizing $PXL, or game bonuses, or some combination.

Changing factions

You may change a faction after a 5-day cooldown. This is to prevent people from rapidly switching factions to capitalize on trends or engage in other opportunistic tactics.

LP Boost

Tokens in the liquidity pool will enjoy a 1.25x boost when calculating Faction support numbers. Liquidity providers also enjoy earning a portion of the fees collected by the pool whenever a swap occurs (this is built into Hive Engine pools).

Unstaking

Unstaking tokens (in-game) is a 5-day process.

Stay tuned for lore and Rulebook updates

We will soon be releasing some game lore around the Factions, as well as updating the Rulebook to reflect the new staking rules and Faction bonuses.

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Where can I learn more about Rise of the Pixels?

Please have a look at our fully updated Rulebook (aka whitepaper) for the most complete documentation of the game, including drop chances, mechanics, tokenomic thoughts, and more.

You can also follow @riseofthepixels, join our Discord, or the RotP Hive community to stay informed about the game’s progress and roadmap.

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—The Rise Of The Pixels Team

Check out the official website: https://riseofthepixels.com
Read more in the game Rulebook: https://rulebook.riseofthepixels.com
Follow us on Hive: https://peakd.com/@riseofthepixels/
Join us on Discord: https://discord.gg/e7cKB3KmsS

...or if you want to experience an authentic legacy Web2 vibe you can check out our X/Twitter profile: https://x.com/riseofthepixels

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Studio Independence Movement for the win!

!PIZZA

Nice to see this game evolving. Even better, nice to see a way to make PXL without having to make games that lose 20-40% of what you invest.

!ALIVE
!LOLZ

Awesome You guys are the best. !LOLZ

PIZZA!

$PIZZA slices delivered:
@arc7icwolf(4/10) tipped @riseofthepixels

!ALIVE
!LOL

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