According to the Sage of Omaha (Warren Buffet), “if you don’t find a way to make money while you sleep, you will work until you die.” Buffet’s statement reiterates the importance of having a passive income. You can imagine making quite a lot of money while lying on your bed doing absolutely nothing. That is a great feeling to have if you ask me. We get to see people almost every day striving to put food on their table. The most painful aspect of it is that not all such people achieve their goals in the end.
There is a need for an all-inclusive passive income concept. This concept needs to have the capacity to sustain itself in a healthy way and remain financially viable. Depending solely on financial transactions without any relevant economic activity is the surest way to stagnation. This is the reason for the launch of Passive Income (PSI).
What is Passive Income (PSI) Token?
Passive Income (PSI) is a revolutionary and innovative blockchain token aiming to transform the concept of the DeFi yield generation. PSI is innovatively designed to drive passive income on real economic activity, actual use cases that create value based on demand. This Passive Income (PSI) token will sustain itself, remain financially viable, and create an efficient and profitable economic paradigm.
In order to achieve this goal, the PSI architecture is built on certain principles that include the following:
This is the most frictionless way to earn Passive Income (PSI). Holding is the principle you need in order to earn passive income. Each transaction comes with a 1% fee which is shared amongst all the holders of PSI. The smart contract also awards fees, and they are instantly delivered. These fees are also visible to holders.
With assets, you can generate passive income. A tokenized asset is the second pillar of economic activity that will help maintain sustainability. Here, there is a 1.5% fee applied to each transaction defined as a tradable asset. The difference between tokenized assets and holding is that the fees will be divided into two parts. 0.75% of the fees will go to the Passive Income (PSI) holders. The remaining 0.75% will be utilized for buyback integration, or it can be added as liquidity to the ecosystem.
It is also important to mention that PSI also makes it possible for holders to earn ETH. On the presale platform, a presale buyer can deposit ETH in order to participate in a presale. A stipulated fee is applied to the ETH deposits, and the fees will also be shared among PSI holders. Also, someone might want to execute a presale on the PSI presale platform. There will be a fee for the deposited amount of native tokens. The fee will also be shared amongst all PSI holders if/when the presale succeeds.
The ability to generate passive income out of financial services helps to make PSI viable and sustainable. Here, a 0.75% fee is applied to all transactions defined as a financial service. Below are some of the transactions that get defined as financial services:
The fees will be divided into two parts. 0.357% will be divided amongst PSI holders, while the remaining 0.375% will be used to maintain the viability of the PSI platform.
The Passive Income (PSI) innovative blockchain token can be held in blockchain wallets. It is also listed on DEXes like Uniswap and Pancakeswap for easy accessibility for holders. You can trade PSI, and all the transactions are charged with a 1% fee which will be shared based on the holding ratio
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