Shard System Mechanics

Shards are unique digital assets within the Pixel Protocol ecosystem that users can acquire by converting their PIXEL tokens. Each shard is assigned a specific number and represents a ticket for participation in the Shard Rewards program. By holding shards, users become eligible to potentially receive USDC rewards as part of the Shard Rewards distribution.

Concept Mechanics:

The mechanics behind Shard Rewards are designed to ensure fairness, transparency, and accessibility for all participants. Here's how the concept works:

  1. Acquisition of Shards:

    • Users acquire shards by converting their PIXEL tokens through a specified process within the Pixel Protocol platform.

    • The conversion process involves exchanging a predetermined amount of PIXEL tokens for a corresponding number of shards.

  2. Shard Numbers:

    • Each shard is associated with a unique numerical identifier, distinguishing it from other shards within the ecosystem.

    • The numerical assignment of shards is irrelevant to the user but enables fair and randomized selection for rewards distribution.

  3. Lifecycle of Shards:

    • Shards have a predefined lifetime of 24 weeks from the moment of acquisition.

    • During this period, shards remain eligible for participation in Shard Rewards, retaining their chance to be selected for USDC rewards.

  4. Selection Mechanism:

    • At regular intervals, Pixel Protocol randomly selects a certain number of shards from the pool of eligible participants.

    • The selection process is conducted transparently and autonomously by the protocol, ensuring impartiality and integrity.

  5. Reward Distribution:

    • Shards that are selected during the distribution event become entitled to receive USDC rewards.

    • The reward pool consists of proceeds generated from various sources within the Pixel Protocol ecosystem, such as sales of virtual miners and token sales.

    • Selected shards are rewarded with USDC, providing users with tangible value for their participation in the Shard Rewards program.

  6. Multiple Selections:

    • Shards can be selected multiple times throughout their 24-week lifetime.

    • Each selection event presents another opportunity for selected shards to receive USDC rewards, further enhancing the potential returns for participants.

  7. Expiration and Renewal:

    • After the 24-week period elapses, shards expire and are no longer eligible for Shard Rewards participation.

    • Users have the option to renew their shard holdings by acquiring new shards through the conversion process, allowing them to continue participating in future Shard Rewards distributions.

By understanding the mechanics behind shards and the Shard Rewards program, users can actively engage with Pixel Protocol's ecosystem, leveraging their PIXEL tokens to potentially earn USDC rewards and contribute to the platform's vibrant community and growth.

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