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The PIXBY Passive Income Protocol is designed using the concept of cryptocurrency staking. All you have to do is, lock in the coins in the Smart Contract for a certain period of time and in return, you can expect a daily reward. In case you are wondering, PIXBY Passive Income Protocol has no connection with the Consensus Mechanism or POS. The protocol operates solely on the Ethereum network and has been written entirely in solidity. Investors don’t hold any rights to generate blocks or confirm transactions. It is more like a passive income that is being generated from your investment.