Token Distribution

Pixel Total Token Distirbution

	Percentage of supply	Pixel Tokens
Community Incentives & Treasury	55%	5,500,000,000
Airdrop	10%	1,000,000,000
Private Sale	5%	2,000,000,000
Liquidity Rewards	2%	200,000,000
Founding Team	20%	2,000,000
Seed Investors & Advisors	8%	800,000,00
Total	100%	10,000,000,000

Pixel - Total Circulating Supply Timeline

Pixel Circulating Supply % Timeline

Community Incentives & Treasury:

55% of the fully-diluted supply of Pixel tokens is allocated towards community incentives & protocol treasury. The DAO has two main objectives:

• Maximize trading volume at the protocol level

• Increase the number of high-quality storefronts in the ecosystem

To accomplish such goals, the treasury uses its token balance in the following activities:

• Offer grants to builders of front-end applications (with at least 1 year lock-up period to align incentives long term)

• Reward on-chain transactions that are valuable to the ecosystem. For example, the DAO will use tokens to incentivize maker orders at values close to that collections's floor. More on Rewards.

• Compensate core team

The DAO will likely add other strategies to reach its goals and create a more robust ecosystem.

Airdrop:

10% of the fully-diluted supply of Pixel tokens is allocated to our incentive program for existing NFT users. We define such users as those who have traded in either in OpenSea, Rarible, or LooksRare (excluding wash traders) between January 1st, 2021 - May 1st, 2022.

The amount of tokens a user will be able to claim depends on the amount of volume traded in the aforementioned period. These tokens will be locked for two years and will be unlocked on a daily basis. Having said that, users will be able to stake locked + unlocked tokens during such period accruing their pro-rata share of transaction fees going to the protocol. More details in Staking Rewards.

Liquidity Rewards:

2% of fully-diluted supply is allocated to incentivize liquidity of Pixel tokens to users that provide liquidity to Pixel-ETH LP pool in Uniswap V2.

Rewards will be distributed on a block by block basis giving out [define number] Pixel tokens per block. The total LP rewards will be allocated across [X] days.