> For the complete documentation index, see [llms.txt](https://moneyprinter.gitbook.io/protocol/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://moneyprinter.gitbook.io/protocol/introduction.md).

# MoneyPrinter Introduction

**What is MoneyPrinter?** 

MoneyPrinter's protocol is the next generation DeFi release on Binance Smart Chain that is conceived to earn passive returns in the easiest and most sustainable way. 

The token ($AUTOSTAKING) model behind is an approach to ''The Circular Economy'' concept, consisting of an auto-staking feature just by holding the token plus a fixed APY that is sustainable over time and backed by a reserve and treasury funds.

$AUTOSTAKING token is powered by rebases, that reward holders with a 0.02362% every 15min. This means an annual compound interest of 383,025.80%. This APY is fixed and it is secured by the 18% and 26% taxes with buys and sells respectively. 

{% hint style="info" %}
"<mark style="color:green;">Compound interest</mark> is the <mark style="color:green;">8th</mark> wonder of the world"

"He who understand it, <mark style="color:green;">earns it</mark>; he who doesn't, <mark style="color:green;">pays it</mark>."

*Albert Einstein*&#x20;
{% endhint %}

Other protocols allow bonds that passively dilute your position and pass it on to bondholders (thereby reducing your market share). Thanks to the tax system, MoneyPrinter gets its income from taxes, not bonds, and when someone buys or sells, investors benefit. There is no passive dilution to mint new tokens through binding.&#x20;

The goal for the $AUTOSTAKING token is simple, to build a Crypto Reserve Currency that will still exist in the years to come and become the base for a future ecosystem that offers a range of crypto products and services, all built from a strong foundation of consistent high fixed APY rewards.&#x20;

The tokenomics of $AUTOSTAKING are meant to ensure the project's sustainability in perpetuity. The rewards received by $AUTOSTAKING holders come from a fee charged to every user each time $AUTOSTAKING is transacted, either through a buy or sell. This amount is accrued to a special wallet and designed to support the rebase rewards in $AUTOSTAKING going forward algorithmically.&#x20;

The competitive advantages of MoneyPrinter are its unique mechanics like auto-liquidity every 24 hours, the composability, thanks to the eAUTOSTAKING, that allow users to farm with $AUTOSTAKING and use it as collateral while still receiving rebases.


---

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