Introduction
$PRINT is a new token on the Solana blockchain that rewards holders with $SOL tokens. This is a great opportunity to earn passive income while holding Solana.
How to Buy $PRINT
- Download a Phantom Wallet
The first step is to download a Phantom Wallet. This is a non-custodial wallet that allows you to store your Solana and $PRINT tokens. You can download the wallet as an extension or as a mobile app.
- Deposit Solana
Once you have created a Phantom Wallet, you will need to deposit some Solana into it. You can do this by transferring Solana from an exchange or using a service like Fixedfloat.
- Connect your Phantom Wallet to Jupiter Swap
Jupiter Swap is a decentralized exchange (DEX) where you can swap Solana for $PRINT. To connect your Phantom Wallet to Jupiter Swap, go to the Jupiter Swap website and click on the “Connect Wallet” button. Select the Phantom Wallet option and follow the prompts.
- Change your slippage to 10%
The slippage is the maximum percentage that the price of $PRINT can move before your swap is canceled. I recommend setting your slippage to 10% to ensure that your swap is always successful.
- Paste the $PRINT contract into the swap and swap $SOL for $PRINT
The $PRINT contract is HKYX2jvwkdjbkbSdirAiQHqTCPQa3jD2DVRkAFHgFXXT. Paste this contract into the swap and enter the amount of Solana you want to swap for $PRINT.
- You now own $PRINT!
Congratulations! You now own $PRINT which allows you to earn 6% $SOL rewards forever!
Calculating Your Daily Rewards
The allure of $PRINT stems from its ability to generate consistent rewards for its holders. To quantify these rewards, they employ a straightforward formula:
Total Rewards = Volume * Percentage Ownership
Let’s break down each component of this equation:
- Volume: The total 24-hour trading volume of $PRINT serves as the foundation for calculating rewards. This figure represents the total amount of $SOL exchanged within the specified time frame.
- Percentage Ownership: This metric reflects the proportion of the total $PRINT supply that you hold. It indicates your share of the rewards pool, and the higher your ownership, the greater your potential earnings.
Illustration: Evaluating Normie Norman’s Rewards
Let’s consider Normie Norman, an enthusiastic $PRINT holder. If the daily volume of $PRINT reaches $1 million, generating 6% rewards, the total rewards pool would amount to $60,000.
Now, let’s assume Normie Norman holds 5 million $PRINT tokens, representing 0.0005% of the total supply. Plugging these values into the formula, we can calculate Normie Norman’s daily rewards:
$60,000 * 0.0005 = $30
Therefore, Normie Norman stands to earn an impressive $30 per day, simply for holding $PRINT.
Exponential Growth with Increased Volume
The potential rewards from $PRINT can reach remarkable heights as the trading volume intensifies. For instance, if the daily volume soars to $10 million, Normie Norman’s rewards would skyrocket to $300 per day. This exponential growth highlights the immense potential of $PRINT to generate significant passive income.
Conclusion: $PRINT, a Rewarding Gateway to Passive Income
$PRINT emerges as a beacon of passive income opportunities within the Solana ecosystem. Its unique reward mechanism, coupled with its scalability and potential for growth, positions it as a compelling investment choice. With its ability to generate substantial rewards, $PRINT stands ready to revolutionize the way you earn passive income from your crypto holdings.
Julia