Printer

An overview of how the printer works

The printer is inspired by the original miner contract. On Pulse there has been several iterations including PassivePulse's miner, and TheCherryMiner, both inspired by the original BNBMiner. The miner allows you to buy an inflationary internal variable labeled "Printers", printers issue Notes, and notes can be compounded into more printers, or redeemed for a portion of the contracts $pDAI balance.

Printers

Printers are an inflationary item within the contract, once you buy printers, you own them for good. The amount of notes they generate overtime will become less relative to the total amount created as more printers are created. It is important to remember once you buy printers, you cannot withdraw that initial $pDAI. To reach ROI you will print notes which can be redeemed for $pDAI.

Notes

Notes are what is generated by printers. Notes can be compounded into additional printers, increasing the amount of notes you generate, or they can be redeemed for $pDAI, which withdraws that $pDAI from the system. The value of notes (the rate at which they can be redeemed at) is variable to the balance of $pDAI in the system, it is important to remember this value can fluctuate.

Compound

When you compound your pending rewards they are used to attain additional printers. This resets your accumulated notes. You can compound as many times as you like without effecting your claim power.

Claim

Claiming will take your accumulated notes and redeem them for $pDAI which is transferred to your wallet. When you do a claim it will reset your claim power to 50%, this means if you do another claim while your claim power is 50%, you will only receive 50% of the notes value. Claim power grows by 10% each day until is realizes its full potential at 100% again.

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