# INK

The current model for $INK will be changing with the launch of the Any-Any Swap and will reflect the new revenue model for the project.

## PRE-LAUNCH OF DEX (Now - Launch of Any-Any Swap)

The way that $INK operates before the launch of the Any-Any Swap will not change from the current model.

Staked INK generates [PAPER ](https://printer-financial.gitbook.io/printer.financial/tokens/paper)rewards  

**There is a 5% tax on INK transfers, which goes directly to the Treasury wallet to support the longevity of the protocol.**

There are taxes on the following transactions: \
Buying, selling, transferring to a different wallet, making or breaking an LP.\
There are no taxes on claiming INK rewards, or staking/unstaking an LP. 

INK is not transferable between chains. The supply and market cap of INK is specific to each chain.

*When the Any-Any Swap is launched, this system will be changing to the following*

## POST-LAUNCH OF DEX (Launch of Any-Any DEX - Indefinite)

**INK will no longer be rewarded to PAPER-Native, INK-PAPER, AND PAPER LPs.**

The INK circulating supply will, at that point, be capped for good. This means that there will be **LESS THAN 100,000 INK** on ALL chains indefinitely. 

INK will also not be emitted on any future chain launches, meaning INK will forever be exclusive to the 9 chains that CryptoLink is on as of 29 OCT, 2022.   

INK will have 1 LP to provide to, which will be how INK holders will claim the exclusive rewards that we have promised from Day 1. This LP will be INK-Native and will have a dynamic reward system.<br>

**INK-Native LP Rewards will be structured in the following way:**

INK-Native LP will reward PAPER until the 50 Million PAPER hard cap is hit. upon the hard cap being reached, INK-Native LP will flip to a revenue share model with the Any-Any swap.

INK-Native LP for each chain will be rewarded with 10% of the Any-Any Swap Fees that CryptoLink accumulates over a given financial quarter on that chain.

The 10% allocated to INK-Native LP will be airdropped in the Blockchain's Native Token.

**IMPORTANT**:&#x20;

There INK *will not* be emitted on any more chains. When the Any-Any Swap launches, the INK in circulation will be the total amount of INK ever emitted in total.&#x20;

When PAPER emissions run out on a chain, the reward structure will switch. If the Any-Any Swap has NOT been launched on any given chain by that point, the INK-Native LP will NOT yield rewards until Any-Any Swap is launched there.

The Any-Any Swap will only be launched where there is demand, volume, and liquidity to allow for our model to exist in longevity.&#x20;

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