MON Protocol has officially launched Pixelmon E3 Evolution for this month, giving anyone with E2 NFTs from the monster collecting gaming IP a chance to evolve their monsters to E3 until February 28th for token rewards and potentially more.
Pixelmon E3 Evolution is a limited-time opportunity that allows holders of Pixelmon E2 NFTs to evolve their assets to E3, unlocking the ultimate form of the monsters they own. If you happen to own such an NFT, you might want to act fast if you don’t want to miss out on upgrading your monster. Doing so will not only lead to a cosmetic upgrade, but it looks like it will also get you $MON rewards if you stake the E3 NFT before the deadline.
Originally scheduled to end on February 26th, you now have time until February 28th, 11 AM UTC+1, to complete this process, making the deadline more in line with the end of the 6th Hunting Season. The developers cannot provide any confirmed date for future evolutions, so they encourage anyone interested to do this now. Here’s how you can evolve your NFT to E3!
To evolve your Pixelmon E2 NFT to E3, you need to make sure the E2 one is staked first. If you haven’t, make sure to stake it for Hunting Season 6 by heading to the season’s official page to access the NFT staking section.
Once you’ve staked your E2 NFT, you then need to have an E3 Serum. This is a consumable asset that is burned when starting the evolution process, and you only need one E3 Serum to evolve one E2 NFT. You can purchase these E3 Serums on OpenSea and Magic Eden via the Ethereum network. There’s no difference in floor price on either NFT marketplace as of writing, with the current price being 0.99 ETH.
With an E2 NFT staked and a E3 Serum obtained, you can now head on over to the official Evolve page (also linked in the official X and Discord announcements) to start the evolution process. Connect your wallet, choose the E2 NFT you’d like to evolve, and start the process by clicking on “Evolve NFT” button. You’ll have to confirm the transaction and pay gas fees, and that’s it, the process should be instant. If you’d like to evolve multiple E2 NFTs and have enough E3 Serums to do so, then you can actually select multiple assets and evolve them all in one transaction, but expect to pay higher gas fees in that case, according to the Discord announcement and the official Gitbook page.
Once you complete this process, the E3 Serum(s) used will be burned, and you will get your evolved E3 NFT(s) minted straight to your wallet, while your E2 NFT(s) will continue to be staked. This means that the evolution process won’t impact your rewards for this month’s Hunting Season, but you do need to stake your E3 NFT(s) if you want to earn $MON rewards from your newly-minted asset.
You’ll have to manually put your E3 asset to staking by clicking on the “Stake E3 Pixelmon” button that appears when completing the evolution process, while paying gas fees to confirm the transaction. Make sure to do so before the previously mentioned deadline that is February 28th. The NFT Staking page will show much $MON is allocated to your E3 NFT. You can check out $MON accumulation numbers per rarity in this official token allocation page, as the Hunting Seasons dashboard might now show the numbers straight away, but will likely display them by the end of the month.
If you have an E1 NFT, you can’t evolve it to E3, nor can you evolve it to E2 anymore because the E2 supply has been finalized, so only existing E2 NFTs can be transformed into E3.
Owning a Pixelmon E3 NFT comes with benefits that not only include continued staking utility in Hunting Seasons, but also ownership of exclusive animated art, access to a licensing revenue pool, and higher priority for future perks that may include special collector benefits and “additional rewards” in upcoming Pixelmon ecosystem updates, according to the FAQ section.