Summary and Comparisons of Printer Protocols
Why are they undervalued?
$ETHP $FTMP $ANYP $ICY
Threads πππ
Why are they undervalued?
$ETHP $FTMP $ANYP $ICY
Threads πππ
1/9 What are they?
A printer protocol (or reflection token) charges a higher tax from every trade. A proportion of it is then paid back to the token holders based on their percent in the total supply.
A printer protocol (or reflection token) charges a higher tax from every trade. A proportion of it is then paid back to the token holders based on their percent in the total supply.
2/9 How do they work?
Say the total tax is 20% with 12% holder reflection.
You put $1k:
- you get $800 worth of tokens in your bag
If total vol. is $100k a day:
- $12k ($100k * 12%) is sent to all holders daily
If 0.1% of the total supply are your tokens:
- you get $12 a day
Say the total tax is 20% with 12% holder reflection.
You put $1k:
- you get $800 worth of tokens in your bag
If total vol. is $100k a day:
- $12k ($100k * 12%) is sent to all holders daily
If 0.1% of the total supply are your tokens:
- you get $12 a day
3/9 Whatβs special?
The high tax system.
It may seem ridiculous, but it has two wonderful effects:
- Incentivize holders: you earn reflections from any trade, the longer you hold, the more you get
- Disincentivize flippers: you essentially pay more to buy, take a discount to sell
The high tax system.
It may seem ridiculous, but it has two wonderful effects:
- Incentivize holders: you earn reflections from any trade, the longer you hold, the more you get
- Disincentivize flippers: you essentially pay more to buy, take a discount to sell
4/9 Are they sustainable?
Tokenomics wise, yes, they aren't inflationary tokens and reflections benefit both the holders and the treasury.
Growth-wise, protocols rely on trading volume, so the key is the team behind who can keep building and creating the vibe
Tokenomics wise, yes, they aren't inflationary tokens and reflections benefit both the holders and the treasury.
Growth-wise, protocols rely on trading volume, so the key is the team behind who can keep building and creating the vibe
5/9 Any specific risks about them?
Like any crypto project, there are risks
- Decreases in trading volume and token value will dilute the reflections, meaning the expected ROI would take longer
- The general crypto risks also apply such as rugs/volatility/etc.
Like any crypto project, there are risks
- Decreases in trading volume and token value will dilute the reflections, meaning the expected ROI would take longer
- The general crypto risks also apply such as rugs/volatility/etc.
6/9 How are they compared to other passive income protocols?
Retaining investors is key to all passive income protocols
- Printers: high tax/reflect -> you hold
- DAOs: high APY and (3, 3) -> you stake
- NaaS: buy nodes upfront -> you lock
- DeFi 3.0: reflect/invest -> you hold
Retaining investors is key to all passive income protocols
- Printers: high tax/reflect -> you hold
- DAOs: high APY and (3, 3) -> you stake
- NaaS: buy nodes upfront -> you lock
- DeFi 3.0: reflect/invest -> you hold
7/9 Should I invest?
A trend I'm seeing in passive income protocols is that the boundaries between sectors are becoming blurry.
Soon the standard offering for any project may be DAOs/NaaS/FaaS/DaaS/launchpad/reflections/NFT/etc.
This means:
A trend I'm seeing in passive income protocols is that the boundaries between sectors are becoming blurry.
Soon the standard offering for any project may be DAOs/NaaS/FaaS/DaaS/launchpad/reflections/NFT/etc.
This means:
7.1/9 Should I invest?
For strategic investors, it is less about picking the sector, but more about picking the right team that can grow and evolve
For strategic investors, it is less about picking the sector, but more about picking the right team that can grow and evolve
7.2/9 Should I invest?
Printers are sitting at only 1/10 of the MC compared to DAOs/DeFi 3.0/NaaS, while growing to provide the same features others provide.
This is like the textbook definition of UNDERVALUE btw
Printers are sitting at only 1/10 of the MC compared to DAOs/DeFi 3.0/NaaS, while growing to provide the same features others provide.
This is like the textbook definition of UNDERVALUE btw
7.3/9 Should I invest?
NaaS experienced a consolidating period to fix the sustainability issue and add new offerings, then they skyrocketed 10x.
Printers look similar rn, instead, adding new offerings such as DAO/DaaS/NFT, you know what's next
NaaS experienced a consolidating period to fix the sustainability issue and add new offerings, then they skyrocketed 10x.
Printers look similar rn, instead, adding new offerings such as DAO/DaaS/NFT, you know what's next
8/9 Who are the major players?
$ETHP $FTMP $ANYP $ICE
$ETHP $FTMP $ANYP $ICE
9/9 Next?
Will write a deep dive thread on one or two protocols
Will write a deep dive thread on one or two protocols
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