Have you caught the thought of getting crypto in the way of passive income, little effort, and a few seconds? Luckily for you in PRINT3R V2 you can use our earning Farms! In this article, you will find out useful information about how to start earning on PRINT3R in just a few clicks!
Supply liquidity & start earning 80% of all trading revenue:
One of the most lucrative ways to earn from PRINT3R is to stake crypto assets to our liquidity pools, everyone who does will get to share 80% of all the revenue generated by their retrospective trading markets. In this guide we’ll explore how you can start earning in a few steps…
Once you have provided the liquidity on PRINT3R, you get LP tokens which will not only start to earn trading fees from the moment they land in your wallet, but can also be locked to earn Airdrop XP. Let’s dive into the details and see the examples.
Which Rewards Does a Liquidity Provider Get on PRINT3R?
As you already know, to become a liquidity provider, you need to add liquidity on PRINT3R. A liquidity provider receives:
💸 Passive income on Farms by earning 80% of all trading fees:
Get automatic passive income in WETH for the LP-staking by sharing 80% of all trading fees made from a market on PRINT3R.It is a pretty beneficial method to maximize crypto, right? So, rush to become a liquidity provider and get profitable rewards!
🪂 Airdrop XP:
In addition to the protocol revenue Liquidity Providers get on PRINT3R they also get passive Airdrop XP, distributed at a rate of 1XP per $1 staked over a 24 hour period, occasionally this will change so look at the XP multipliers for even more lucrative opportunities!
❓ How To Start Earning in PRINT3R Farms?
Now, we will go over the step-by-step guide with the screenshots so you can gain a better understanding of farming on PRINT3R. The BTC LP Vault will play a role as a sample for this guide.
TLDR; → Provide Liquidity, Mint LP tokens & Earn 80% of Trading Fees - It’s that simple!
As you noticed, for every trading pair on PRINT3R V2 there is an farming vault. In order to start earning from any farming vault on PRINT3R, you need to have LP tokens that could be obtained via liquidity provision on the platform.
The liquidity needs to be provided in two tokens in a farming vault that you wish to start, these are ETH / WETH which are used for longs, and USDC - which is used to support shorts.
Step 1: Your first step is to visit the earning page! Here you will find a complete list of every market on PRINT3R.
Step 2: Find the BTC Farming Vault and click the ‘Manage Pool’ button.
You will be automatically transferred to the Liquidity page on PRINT3R, where you can provide liquidity for BTC LP tokens in the farming vault.
Step 3: Enter the amount of each token you want to supply from the farming vault and click the Deposit button
✅ Note that you need to have ETH on Base to pay the network gas fees.
Step 4: If this is your first time supplying liquidity, you’ll need to approve the transaction and give permissions in your wallet, confirm this to proceed.
Step 5: Once you have approved your assets, click the deposit button to mint your LP tokens and confirm this in your wallet once more.
Step 6: Congratulations! 🎉 The transaction has been successfully submitted, and you can see your BTC LP tokens have been minted and you will start to automatically share 80% of all trading fees whenever someone trades in this market!
Step 7: Claiming Earnings.
Now you’ve minted your LP tokens you can collect the earnings from the Farming Vault, or if you go back to the earning page and claim the rewards from ALL vaults you have staked any assets s by clicking on the green ‘Claim Rewards’ button.
❓ How To Unstake & Retrieve Tokens from PRINT3R Farms?
If you want to unstake your LP tokens and retrieve the underlying assets you originally supplied visit the earning page again. We’ll use the BTC LP Vault again as a sample for this guide.
Step 1: Use the ‘My Deposit’ filters to quickly identify the vaults you have staked in and filter these from highest to lowest.
Step 2: Find the BTC Farming Vault and click the ‘Manage Pool’ button.
You will be automatically transferred to the Liquidity page on PRINT3R, where you can provide liquidity for BTC LP tokens in the farming vault.
Step 3: Switch to the withdraw tab in the LP page.
Step 4: Next we need to decide what tokens we’re going to withdraw, for this example we’ll just withdraw 1 ETH worth of tokens. So using the drop down we’ll make sure ETH is selected.
Step 5: We’ll enter the amount of LP tokens we want to swap back into ETH.
Step 6: Once we’re happy with the amount of tokens we’re removing we’ll hit the big ‘Withdraw’ button.
Step 7: Confirm the transaction.
Step 8: 🎉 Congrats you’ve now withdrawn the tokens and they’re back in your wallet!
What is PRINT3R?
PRINT3R is aiming to trade the decentralized trading landscape. Powered by Chainlink, built on Base & Mode we’re the first truly permissionless leverage platform that enables users to trade anything, anywhere, on chain! We’re enabling anyone to trade thanks to our ease of use, engaging user interactions, and multiple faucets of sharing revenue with all of our users..
Trade liquid crypto assets, memecoins and soon NFTs up to 1000x leverage without the fuss of KYC or sign-up. Just connect your wallet, and you're in. Our platform guarantees no price impact on longs, shorts, and swaps, all at minimal fees.