🔶$BRRR-LP Tokens
Supplying liquidity through PRINT3R and getting BRRR-LP tokens is an easy, yet lucrative method of gaining exposure to the platform. LPs earn 70% revenue share and XP towards seasonal rewards.
Last updated
Supplying liquidity through PRINT3R and getting BRRR-LP tokens is an easy, yet lucrative method of gaining exposure to the platform. LPs earn 70% revenue share and XP towards seasonal rewards.
Last updated
$BRRR-LP is the liquidity provision (LP) token for the PRINT3R platform. It represents a user's stake in PRINT3R's Assets Under Management (AUM). Liquidity can be provided, or withdrawn in any of the available index assets. This liquidity will be used for leverage traders to trade against.
Users who provide liquidity to printer will share a total of 70% of the platform's revenue from fees, paid out on a weekly-basis in Wrapped Ether (WETH).
Initially, PRINT3R will support deposits in 3 key assets:
Bitcoin ($BTC)
Ethereum ($ETH)
USD Coin ($USDC)
$BRRR is auto-staked upon mint and tokens can be further locked in the reward lockers to boost XP rewards. While locked, users still earn and are able to claim their WETH but can't transfer $BRRR until the lock period ends. Longer lock durations yield greater XP. For more on XP's role, see Seasonal Airdrops.
If unlocked, $BRRR can be redeemed for any Vault index asset, subject to a fee ranging from anywhere between 0.2-0.8%. The fee depends on the withdrawal's effect on a token's liquidity health.
💎Revenue Sharing - Earn 70% of ALL Trading Revenue
By merely holding BRRR tokens, you are auto-staked to earn a share of 70% of the platform's trading fee revenue. These earnings are paid out in Wrapped Ether (WETH) and can be claimed at any time.
For BRRR token holders looking to maximize their rewards, PRINT3R offers auto-compounding. This option automatically reinvests your earned WETH rewards back into BRRR tokens, amplifying your yield over time. By utilizing auto-compounding, you can effortlessly increase your stake and potential returns.
⭐️XP Rewards
While BRRR tokens are auto-staked for revenue sharing, they automatically accrue XP(Experience Points) and can even be locked in the BRRR vaults to earn multiplied XP . Accumulating XP allows you to level up within the PRINT3R ecosystem, unlocking additional rewards and benefits, including eligibility for seasonal airdrops.
Supply Liquidity: To receive BRRR tokens, you'll need to supply liquidity to the PRINT3R platform.
Auto-Staking: Once minted, your BRRR tokens are automatically staked, making you eligible for a share of the platform's trading fee revenue.
Weekly-Distributions: Every week you'll be able to claim your share of trading revenue as WETH!
Staking BRRR tokens in PRINT3R offers a multi-faceted approach to earning passive income and engaging with the platform. With auto-staking for revenue and optional locking for additional XP rewards, BRRR tokens provide a flexible and lucrative way to enhance your trading experience on PRINT3R.
