When I first encountered Pixels, it was still using a dual-token system. BERRY was responsible for daily transactions, while PIXEL handled governance and advanced gameplay. This model was considered a relatively stable design at the time. But guess what? Earlier this year, the project team made a surprising decision — to gradually phase out BERRY and unify all economic functions under the single token PIXEL.

On the surface, this action seems to simplify the economic model, but if you dig deeper, you'll find that the underlying logic is actually quite harsh. BERRY itself is an inflationary token; you farm, harvest, and sell resources, continuously generating BERRY. Without a sufficiently strong burn mechanism, the end result is that it becomes less valuable the more you mine. Many blockchain games fail right here, with the speed of economic inflation far exceeding the speed of consumption, leading to collapse.#pixel Choosing to cut off all ties, converting BERRY entirely into PIXEL proportionally, in other words, completely handing over the economic lifeline of the game to a single token.

I remember the exchange plan very clearly. 1000 BERRY can be exchanged for about 7.6 PIXEL, and the earlier you exchange, the more favorable the exchange rate is. This design is actually guiding everyone to complete the transition as soon as possible using a time gradient, avoiding the kind of liquidity split that occurs when there are two tokens running in parallel. The conversion interface is directly integrated into the Pixels dashboard, and players holding BERRY in the game will automatically receive PIXEL, while BERRY in the wallet needs to be manually operated on the exchange page.@Pixels

But this is not the most critical part. What is truly interesting is how the burning mechanism of PIXEL will be redesigned after BERRY is eliminated. The original BERRY burning mainly relied on in-game purchases of items, unlocking new industries and content, and these functions now need to be transferred entirely to PIXEL. Coupled with the staking system and monthly ecological reward pool, the demand for PIXEL suddenly transforms from single to triple. In terms of staking, holders of PIXEL can stake the tokens into different game pools and receive ecological rewards monthly. If you still have farmland land NFTs in hand, you can also receive an additional staking bonus of up to 100,000 PIXEL. This stacking mechanism actually uses scarce assets to leverage token holders; the deeper you invest, the higher the return rate.$PIXEL

Recently, I noticed a detail while watching an AMA that the Pixels team once had the opportunity to launch their own independent blockchain, but they strategically declined. The reason is that relying solely on transaction fees to burn tokens is not sufficient, and the income model of the chain lacks persuasiveness. I think this judgment is quite clear-headed. Many projects blindly chase the narrative of public chains, resulting in diluted resources, while the core product ends up being neglected. Pixels chooses to focus its energy on the game itself, solidifying the real use cases of the tokens first, and this priority is correct.

From the token circulation data, the total supply of PIXEL is 5 billion, and currently, about 771 million have been unlocked, accounting for 15.42% of the total. The ecological rewards account for 34%, which is the largest portion of the entire distribution plan. The unlocking period extends all the way to 2029, which is considered patient in GameFi.

After BERRY was eliminated, the economic logic of the entire game became clearer. Previously, you had to pay attention to the exchange rate fluctuations of two tokens, the output speed of BERRY, and the unlocking progress of PIXEL. Now, you only need to focus on one core indicator, the inflow and outflow of PIXEL. The goal of the project team is to gradually transform PIXEL from a purely reward token into a truly ecological utility token.

Personally, I think whether it can succeed depends on whether players are willing to reinvest the PIXEL they earned back into the game, rather than cashing out immediately.