PRINTER TOKENS... WHAT ARE THEY?
BONDS & PRINTERS
DISCLAIMER
BONDSMEN may profit from rewards from printers + BONDSMEN potential profit share & BOND price going up in value. Anyone who holds printer tokens NOT considered to be a bondsmen and will not be able to benefit from bondsmen benefits.
Printer tokens like REMEMBER or "World's Greatest pDAI Printer" are PRC20 reward tokens with a unique twist! You can hold the tokens for rewards or you can become a BONDSMEN and gain access to even more yield opportunities! Mint a TrifectaBond and become a bondsmen with the recipe!
RECIPE
0.008 PLP Finvesta/WPLS
16 Trillion Remember
111 WGPP/pDAI LP
HOLDING these tokens can yield anywhere from 0.0% - 10% a day based on market conditions. Bondsmen get a greater share of the pool! The "brains" which are contracts on Pulsechain run transactions when someone calls the "randomizeAll" function. These smart contracts runs a few checks and balances & prints through the system!
Printer tokens contracts HOLD the tokens themselves, so when you check the Pulsechain scanner, you'll notice a lot of supply in the main interacting brain & the contract itself.
Brains automate. Bonds authorize. Printers fund. The loop feeds itself.
BONDSMEN are considered wallets that hold a "Trifectabond" which is required to run "randomizeAll" to gain profits and profit share amongst the bondsmen.
Each Bond retains the same LP token units you originally contributed, but as Trifecta assets appreciate in value, your Bond’s worth automatically scales with the market.
It’s both a store of value and a reflection of your belief in PulseChain’s future success.
The contract IS MINTABLE. This function is key to ensuring the contract can stay supplied to let the tokenomics function with rewards, burning or liquidity adding.
They key behind why these tokens work is due to Pulsechain's unique built in arbitrage bots on the chain.
FEATURED PRINTER TOKENS
WARNING
Printer Tokenomics allow the contract to sell tokens for Rewards, Liquidity & Burns
Buying or Selling or Holding these doesn't guarantee profit gain or loss
GAS MONEY
PDAI PRINTER
REMEMBER
Bot Buyback and Liquidity Adding
The printer tokens use bots that provide consistent rewards are designed to only add liquidity and buy the token back that the contract sells as a buyback mechanism for the health of the tokenomics. This isn't designed to inflate price or create a false sense of interest in the token, but for tokenomics to work properly.
Swapback Function
This is the function within the token contract that will take tokens held by the token contract itself & sell them. This can be triggered by adding liquidity based on the sellToSwap amount to ensure a more stable system. This is a risk.
Taxes and Rewards Breakdown
AT ANY GIVEN TIME THE TAXES & REWARDS CAN CHANGE.
At any given time the printer tokens tax will never exceed 30%
Only tokens disclosed in the whitepaper able to change reward tokens will be disclosed.
The swapback splits what is sold between up to 3 different tokenomics metrics like Rewards, Liquidity adding & Burning. The functionality behind the swapback can change at any given time but there will always be at least 1 active function within the swapback of the contract.
Pulsechain Arbitrage Bots & Price Movement
Pulsechain has built in arbitrage bots. They work by trading small price differences between two or more liquidity pools for profit. These trades can be triggered automatically and at any time the value of a token changes on one liquidity pool and bot can re-balance it using another pool for profit. Even without real traders, this can result in tokens losing value resulting in a loss of funds. The printer tokens rely heavily on the chain's arbitrage bots & contain a risk of losing funds by buying, selling and holding printer tokens.
Common sense helps!
Basics of Buying Defi Tokens
THIS SECTION IS NOT TO BE TAKEN AS FINANCIAL ADVICE AND SHOULD BE TAKEN AS INFORMATION ONLY
Buying Low and Selling High.
A common practice in Stocks & Crypto currency markets, traders will typically buy tokens or stocks in hopes other users come in, buy with their money resulting in a favorable move for their investment.
New traders who don't know as much as some experienced traders sometimes will get FOMO and buy if they see a big green candle on a chart, especially with news!
This has the most risk for loss of funds in any asset. Good traders are buying when the price is low or before the news ever happens, then IF news or something good happens, sell it if it goes above the price they bought!
Taking Responsibility for your trades
When it comes to buying tokens or stocks and selling them, profit, loss or anything of the sort... YOU are the one who made the decision to buy, hold or sell.
PROFIT OR LOSS IS NOT GUARANTEED FOR BUYING, SELLING OR HOLDING.
If someone reaches out to you with good "news" odds are they bought before you! Users who follow others trades are at high risk of losing money.
News and FOMO
A common mistake traders make is "buying late" or "buying the news". In this case, positive news may come from an asset or cryptocurrency user base & cause a "Fear of Missing Out" moment due to price appreciation of the asset.
Traders who follow these updates can make money but typically end up being exit liquidity for people who bought earlier than themselves.
There's a huge risk in trading these assets, profit gain or loss is never guaranteed.