Who are we?

The projects lead developer is Bjorn. Bjorn initiated this project and concepts. During his career and time in cryptospace he got to know lots of people. He shared his ideas and believes and involved others. Bjorn soon will fully KYC to ensure his credibility and trustability towards investors and other stakeholders.

We decided to remain sub anonymous for some reasons. First, a few of us have separate day jobs and other projects and wanted to keep everything separate.

Plus, if we were public-facing, we’d have to apply for a securities license and have every potential presale investor KYC’d. Then, those from the US and other countries wouldn’t be allowed to participate in the PSI pre-sale. We would be doing a much bigger raise, and would possibly have to work with VCs for funding (which we believe is against the spirit of crypto).

At the end of the day, what we’re doing is disrupting big finance and banks. It seems DeFi can’t be stopped and is only growing bigger, despite governments and financial institutions not being thrilled of this space. Thus, we decided to stay anonymous and build a decentralized token that doesn’t require governance from a centralized team.

How does it work?

An RFI fork is necessary, because there are no tokens reserved for future development, this means there will be no future development for RFI. If there will be any future development ideas from the community we can always implement this after the release of the tokens for development.

After doing a very thoroughly analysis of several tokens that launched in the recent DeFi boom, we found that projects with a low cap pre-sale contribution and a maximum buy limit performed the best in the short and long term. This makes sense because a low cap and limit buys implies no early whales who can easily manipulate the price and kill the project early on.

Marketing is one of the aspects that is most important for early investors. We will be locating funds especially for marketing purposes. One of the most common death ends for crypto projects is that they fail on the marketing side, and don’t realize this is very important for gaining new investors.

Real Passive income. Hodl and Earn.

PSI works by applying a 1% fee to each transaction and splitting that fee among all holders of the token.

Holders do not need to stake or wait for fees to be delivered. Fees are awarded by the smart contract and are instant reflected to the holders balance

True Decentralization

There is no institution or centralized party that shares the fees with PSI. There is no interface needed to receive the fees. No action needs to be taken on the part of the holder other than to hold PSI in a wallet they control. With PSI, there are no vaults that could be hacked and drained or treasury funds that could be messed up. There is only the free market.

PSI is an innovative Ethereum token that re-imagines the concept of DeFI yield generation and change this to DeFi Passive Income generation.

At its core, PSI charges a 1% transaction fee and re-distributes that fee to existing PSI holders instantly and automatically at the time of each transaction.

Unique features of the PSI smart contract allow certain addresses like the Uniswap pool or exchange wallets to be blocked from earning fees.

Because of this, all the fees generated go to holders of the token. The percentage of fees you earn is calculated by the percentage of PSI that you own among holders. This generates a much higher passive income than would otherwise be possible.

There is no team or central party that has to award the fees. There is no interface to claim the fees. No action needs to be taken on your part other than to hold PSI in a wallet you control.

Dual Passive income Capability

In most Dapps, users must stake or hold their tokens in a contract to earn a passive income. PSI holders can use their tokens in third party lending, Staking, or any other smart contract as an extra to earning a passive income from the transaction fees.

To facilitate this, the PSI smart contract exposes some new methods that allow staking contracts to easily determine the fees earned by each holder for any period of time even when funds are pooled together. This is a huge advantage in comparison of the certain technologies we are using at this moment.

The Problem

The overwhelming majority of DeFi projects require trust in a central party and interaction with complex, buggy, and easily hacked contracts.

Rewards for interacting with these contracts often come from the minting of new tokens, necessitating confusing (and usually centralized) economic mechanisms that attempt to give the underlying reward token some value.

Developers who design and implement these economic reward mechanisms typically have no expertise in economics.

These places bring a huge amount of risk on those that choose to interact with DeFi smart contracts.

The Solution

PSI is uniquely designed to address these problems and reduce the mentioned risks. Let’s have a look at how PSI removes each of the risks mentioned below.

Price and Market risk: These risks come with any free market. Anyone claiming to guarantee a specific passive income or eliminate this risk are lying to you.

Trust related risk: No Staking, No vaults, No Farming or treasuries. No community funds that could be mismanaged. No website or interface is required for the token to function. As long as Ethereum exists, PSI fees will be generated and distributed with each transaction.

Security risk: Because fee generation AND distribution is backed into the core smart contract, security risk has almost been eliminated totally. No external contracts or interfaces need to be interacting with our token.

Economical Design risk: PSI has a fixed cap of 50K. The passive income comes from transfer fees instead of newly minted tokens. As you earn fees, the percentage of the total supply your own is increasing. Earning network fees is an established and tested method of earning a passive income.

The Elephant in the Room — Opportunity Cost

Beyond the extreme risks involved with DeFi, individuals must stake or park their tokens in a contract to earn a passive income. There is a massive opportunity cost associated with this as participants could be using their locked tokens to earn a passive income some other way but are unable to seize that opportunity while the tokens are locked.

Let’s look at how PSI addresses opportunity cost.

PSI fees are awarded automatically and do not require any transaction to be executed by the holder in order to earn fees. This allows PSI to be used in any other smart contract in addition to earning passive income from the transaction fees.

To facilitate this, the PSI smart contract exposes some new methods that allows other smart contracts to easily determine the fees earned by each address for any period of time even when funds are pooled together.

This is a huge leap in DeFi that enables the direct staking of PSI and double passive income generation.

For example, you could lend your PSI on a third party app and earn a passive income from that while still earning fees from PSI transfers. The lending contract could use PSI’s new methods to easily determine the fees earned on the amount you provided during your interaction with the lending contract.

By reducing friction and eliminating the burden of contract interaction to earn a passive income, PSI is truly a step forward in DeFi.

Please be aware, PSI is just the beginning puzzle piece in the whole system. To get an idea of what our vision is we have added out strategy pyramid 2025, as well as our roadmap 2021 to the following post:



🕸️Website: https://passive-income.io/
🐦Twitter: https://twitter.com/Pass1ve1ncome
📬Telegram Channel: https://t.me/PassiveincomePSI
💰Pre-sale: https://app.bounce.finance/fixed-swap/5021