Omnichrypt token launchpad Printr has launched a full infrastructure upgrade, introducing V2 to allow for greater customization during the token creation process. The new version is live on eight blockchains on its first day, including Solana, Ethereum, Base, and Arbitrum.
The upgrade moves away from the platform's original focus on cross-chain distribution to address what the team calls 'incentive misalignment.' Unlike its predecessor, Printr V2 allows creators to set their own fee percentages and determine the destination of that revenue.
"Back then, the thesis was that we were going to this world of hundreds, if not thousands, of chains," said Fed, the former head of DeFi at Axelar. He noted that the initial strategy of meeting users where they are in fragmented ecosystems did not fully materialize during the recent bear market.
New staking and fee models
Token creators can now customize specific parameters, such as starting supply, initial token price, and bonding curve targets. The platform also introduces a 'Proof-of-Belief' staking model designed to reward holders for locking up tokens and to facilitate community takeovers.
Fed outlined several fee distribution models now available to users. These include 'Liquidity Compounding,' where fees flow to the liquidity pool, and 'Buyback and Burn,' which uses fees to reduce token supply. Creators can also choose to direct 100% of fees to their own wallets.
Printr will charge a flat protocol fee, distinguishing itself from competitors like Pump.fun, which utilizes a 1.25% bonding curve fee. The team stated the move provides more optionality for a market that often feels overcharged.
"It's just gotten to this point where everyone feels like they're getting fleeced, so we're giving more optionality on what is a fair fee to the market," Fed said.
The V2 launch utilizes LayerZero and Axelar interoperability solutions. The rollout received support from the Solana Foundation and the Mantle EcoFund.
