How do I start earning $PRINT?
With the overload of information on "staking", "LP tokens" and "liquidity pools" we know farming $PRINT might seem complicated at first. But don't worry, earning $PRINT is really a straightforward process once you get the hang of it. You just need to do the following:
- Hold $PRINT tokens in your Metamask wallet (You can buy them on Uniswap)
- Choose one of the token in the available pools to pair with $PRINT
- Press "Trade" for the pair you have chosen
- Provide an equal value of $PRINT and your chosen pair tokens to the appropriate liquidity pool on Uniswap
- Receive "UNISWAP V2" tokens for providing liquidity (these are the so called "LP tokens")
- Head over to Printer.Finance and click "FARM"
- Select your chosen pool pair and hit "FARM" again
- Approve that our smart contract is allowed to stake your LP tokens by clicking "APPROVE SPEND"
- Click "STAKE" and confirm the transaction in your Metamask wallet
- After the confirmation of that transaction you should be able to see the number of LP tokens staked in our protocol under "YOUR LP STAKE"
- Congratulation! You are now prrrrrinting $PRINT.
How does staking $PRINT work?
Staking is the technology of providing a set of assets to a liquidity pool and earning dividends for doing so. Typically "farming" works by providing liquidity to a trading pair on Uniswap and receiving dividends as explained above. As soon as you provide your LP tokens you will start seeing your "CLAIMABLE $PRINT" increasing over time. These are your $PRINT dividends which get updated every time anyone staking on the platform either claims ther dividends or adds/removes their LP tokens. The amount of dividends you receive will depend on the percentage that your staked tokens make of the total LP tokens in the pool. Some pairs have a dividend multiplier. You can check it in the pairs overview. The amount of $PRINT minted and distributed each block can be found on the front page of this website. To prevent inflation by constantly adding tokens to the total supply we have integrated a burnrate on each transfer. In addition, the amount of $PRINT minted per block is programmed to decrease for this very purpose.
How do I stop earning $PRINT?
You can stop prrrrrinting $PRINT tokens at any time. There is no minimum staking period. To stop staking simply withdraw your LP tokens from the contract and your LP tokens and your claimable $PRINT tokens will both be transferred to your wallet. You then can exchange your LP tokens back to PRINT and the respective pair token that you used to provide liquidity on Uniswap.
