Printer Financial

Total Users

Rewards

Volume: - No data available.
Contract Balance
Category: - No data available.
Blockchain: - No data available.
Language: - No data available.

Official links

Website

Social media

News

Ethereum's Glamsterdam Upgrade Scheduled for Hoodi Test Network

Ethereum's next major upgrade, Glamsterdam, is set to activate on the Hoodi test network on October 26, marking a significant step in testing changes to block production and execution costs.

Miguel Rodriguez

10 minutes ago

International Crackdown on West African Scam Networks Results in 28 Arrests

An international effort against West African scam networks has led to 28 arrests and the removal of over 37 million accounts linked to fraudulent activity.

Luis Flores

28 minutes ago

Stablecoin Payment Transactions Surge Despite Flat Supply

A new report reveals a significant increase in stablecoin payment transactions, contrasting with stagnant supply levels.

Arif Mukhtar

2 hours ago

What is Printer Financial?

Printer Financial — a decentralized, community-driven protocol, designed to increase liquidity between chains and reduce transfer fees when moving between supported chains.

Contents:

About Printer Financial
More about the defi app on Binance

Printer Financial - dapp.expert

About Printer Financial

The Printer Financial protocol will be regularly expanded to new networks. The two Printer Financial tokens - PAPER and INK. PAPER - a token that can be easily bridged between chains at no cost other than the gas, required on the original chain. INK - a token, used for governance and rewarded with PAPER.

The investment fund - one of the main drivers of platform stability. The fund is managed by the community and is used to stabilize the price of PAPER.Printer Financial

The activities of the fund are controlled by INK holders. Any INK holder can offer an investment strategy. Any funds, received in the absence of an approved investment plan, will be placed in blue chip projects in the appropriate low-risk chain. A weekly allocation of 1% of the fund's total balance will go towards redeeming and burning PAPER tokens either on the fund's chain or another supported chain with the lowest value of PAPER tokens.

Other features:

1	PAPER transfers between chains can only occur from wallet to wallet.
2	It is currently not possible to send to another destination address. Any gas fees in the original chain are paid by the sender, as with any other smart contract interaction.
	The gas fee in the destination chain is paid by the platform. The user in the destination network will not be charged.

Each supported chain will have two liquidity pools, linking PAPER and INK to the native token on the chain. For example, the Fantom network will have a PAPER-FTM liquidity pool as well as an INK-FTM liquidity pool. Pools can be entered and exited at any time without any blocking period. Rewards are calculated almost in real time and can be withdrawn immediately.

More about the defi app on Binance

There are also 2 additional pools; PAPER-INK LP and a single PAPER pool. By placing bets in any of the liquidity pools, users will be rewarded in INK. The INK reward amount is set at 1% of the total current supply of INK on the current chain. Users are rewarded pro rata, based on the percentage of the pool they are currently betting in.