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Home All Events Printer Financial ONE Full Protocol Launch

Date

Apr 10 2022
Expired!

TimePacific Time

10:00 am

Your Time

  • Timezone: America/New_York
  • Date: Apr 10 2022
  • Time: 1:00 pm

Status

Active

Printer Financial ONE Full Protocol Launch

New blockchain for Printer Financial who previously launched on BSC, FTM, POLYGON, CRO & AVAX.

They are a cross-chain seigniorage protocol without bonding, as the goal of the protocol is not for PAPER to maintain a specific peg, but rather for PAPER to be bridgeable across multiple blockchains.

No contracts.

DETAILS
  • Stake INK in the boardroom for more PAPER
  • PAPER token can be bridged between chains
    • PAPER is not an algo-stable pegged to a certain token, it is a native cross-chain token
  • INK is the governance token
    • 5% tax on INK transfers, 2% to the Investment Fund, 1% to liquidity and 2% to buyback and burn of PAPER
    • INK is non-transferrable between blockchains
    • Max supply of INK is 100,000
  • The use of the Investment Fund will be proposed by and voted on by INK holders
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