PrintProtocol, an innovative project within the ever-evolving cryptocurrency landscape, is pushing the boundaries of decentralised finance (DeFi) with its ground-breaking approach to passive income generation.
At its core lies $PRINT, a Solana reflection token that offers investors seamless auto-rewards in Solana (SOL). Let’s explore how PrintProtocol and $PRINT are revolutionising the crypto space.
Unlocking Passive Income Potential with PrintProtocol
Unlike conventional reflection tokens that require manual swaps to claim rewards, $PRINT introduces a unique auto-swap mechanism. This innovative script dynamically converts token taxes into SOL and distributes them directly to holders’ wallets, simplifying the reward process and ensuring a seamless experience.
Key Features of $PRINT
8% Tax: Each $PRINT transaction incurs an 8% tax, including transfers and swaps. 6% Auto-Rewards: Out of the total tax, 6% is allocated as auto-rewards in SOL, enriching the wallets of $PRINT holders.
2% Operations Wallet: The remaining 2% tax is allocated to the Operations Wallet, fuelling the development and marketing endeavours of the PrintProtocol ecosystem.
Understanding the $PRINT Auto-Swap Process
The heart of PrintProtocol’s functionality lies in its advanced auto-swap script, designed to efficiently manage token taxes and reward distribution.
Tax Collection: The auto-swap script aggregates taxes from $PRINT transactions and swaps, storing them in the Rewards Distribution Wallet (PrintRewards.sol).
Threshold Activation: Once a minimum threshold of 1 million $PRINT tokens is reached, the auto-swap script initiates the conversion process.
Automatic Swap: Upon reaching the threshold, the script automatically swaps $PRINT tokens for SOL. 25% of the acquired SOL is allocated to the Marketing Wallet (PrintMarketing.sol) to support expansion efforts, while the remaining 75% is distributed among $PRINT holders based on their holdings.
Milestones Achieved by $PRINT
Since its launch in January, PrintProtocol and $PRINT have achieved significant milestones, establishing themselves as leaders in the Solana ecosystem.
Community Engagement: PrintProtocol boasts a vibrant community of over 30.000 holders, united by a shared vision of financial empowerment.
Trading Volume: $PRINT has facilitated over $20 million in trading volume, highlighting its liquidity and market demand.
Rewards Distribution: The protocol has distributed over $2.5 million in rewards to its loyal community, demonstrating its commitment to value delivery.
$PRINT: A Gateway for Newcomers
$PRINT is an ideal entry point for newcomers to the crypto space, offering a supportive community and valuable resources to help them navigate the world of digital finance.
Embrace Innovation with PrintProtocol and $PRINT
In a rapidly evolving digital landscape, PrintProtocol is leading the charge in revolutionising passive income generation in the Solana ecosystem. With its innovative features, robust infrastructure, and community-centric approach, PrintProtocol and $PRINT are paving the way for a more inclusive and accessible financial future. Join the movement today and embark on a journey towards financial freedom with PrintProtocol.
