Pixel DAO Public Launch !
The Unlock-Redeem-Stake Phase will begin at around 0600 GMT on 24 January 2022.
Liquidity will be migrated from rPXL pool after we open the PXL-FRAX pool. We will post a warning giving people providing LP plenty of time to withdraw, but we suggest start making arrangements to remove your LP and split now.
Step 1: UNLOCK (This only applies if you locked your rPXL, if not skip to Step 2)
**Don’t worry, even if you didn’t lock but still held 123 through the Price Discovery Phase you are still eligible**
Head to the Diamond Hair Unlock page.
https://pixeldao.finance/dh-unlock
Connect your MetaMask wallet that you originally used to lock your rPXL.
** All values are subject to change in images and are not representative of real figures**
Click on “Unlock rPXL”
This will withdraw your rPXL you deposited during Price Discovery phase.
Step 2: REDEEM (Everyone who participated in Price Discovery Phase needs to redeem their rPXL for PXL, there is a one-week window for this redemption process)
Head to https://pixeldao.finance/
Enter the app
Connect your MetaMask wallet
On the left side menu column click on “Swap rPXL for PXL”
Click the “Approve rPXL” button
Click “Swap rPXL to PXL” button, which will swap the rPXL in your wallet with PXL at a one for one rate.
Ensure you add PXL to your wallet.
Contract: Will be announced in Discord and added here later.
Step 3: STAKE
Navigate to the Pixel App from the Landing Page if not already there.
On the left side menu column click on “Stake”
This will bring you to the staking page
Click “Approve”
Enter the amount of PXL you’d like to stake
Click “Stake”
Your PXL is now staked and you will have sPXL (staked PXL)
Bonding:
While not technically part of the user flow for staking, newcomers and community members alike are also welcome and even encouraged to bond PXL-FRAX LP and FRAX for PXL at a discounted rate. This action provides the user with a discount and directly supports the growth of the treasury. Additional bond options will be rolled out in the future.
Navigate to the Pixel App from the Landing Page if not already there.
On the left side menu column click on “Bond”
Choose either PXL-FRAX (LP tokens made on Sushi Swap) or FRAX
This will bring you to the Bonding page for the specific bond you are using (PXL-FRAX or FRAX)
Click “Approve”
Enter the amount of the asset, either single asset or LP token that you want to bond.
Click “Bond”
This will deposit the asset that you are bonding.
Next click on “Redeem” which will bring you to the UI to claim your PXL as it vests over a 5-day period
You can now stake this PXL.
