The Passive Income ecosystem helps bring sustainable and viable passive income locally and in other forms for interested investors. The ecosystem utilizes real-world use cases and economic activity that rely on actual demand. The ecosystem uses this approach to achieve a healthy, self-sufficient, and viable economic paradigm. 

Before the advent of the PSI ecosystem, the already existing passive income concepts lack the capacity to sustain themselves. The system has failed to remain financially viable. By depending only on financial transactions without real-world economic activity, the past concepts have remained stagnant. The Passive Income Ecosystem is revolutionizing the economic paradigm. 

This ecosystem aims to improve on the existing passive income concepts to make it more economically viable. This will be achieved by integrating real use cases and utility. People should be able to accrue passive income in all forms, and not only in native forms. The team believes that everyone has what it takes to earn from cryptocurrency without any hindrance. They want to make it natural, accessible, and logical. The mission of this ecosystem is to bring earning passive income to the mainstream. 

The Income (INC) Token 

After the passive income decentralized exchange (PSIDEX) launch, the Income (INC) token was introduced. The goal of the Income (INC) token is:

• Governance utility of the Passive Income ecosystem, and 
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• Attracting utility to the passive income decentralized exchange (PSIDEX)

Governance of the PSI Ecosystem

The passive income token will oversee the governance utility of the entire ecosystem. It means that the future direction of the ecosystem will be determined by investors holding the income token (INC). These investors can influence the entire Passive Income ecosystem, the features, and also the fee rates and commissions.

The project team can initiate proposals to vote on by the investors, and the investors can also initiate proposals. PSI contracts are built to support the governance and flexibility of the ecosystem at the early stage. This is to encourage investors and community members to remain committed to the platform. The approach gives these investors and community members a degree of influence in the Passive Income project policy. The governance process of the PSI ecosystem consists of the following steps:

• Creating a proposal

The first step in the governance process of the system is to create a proposal. All community members can create a proposal to put for a vote. However, only the investors that hold Income (INC) tokens in their individual wallets can vote on these proposals. 

• Voting threshold

This is the minimum amount for making a proposal eligible for a vote by investors. If the voting threshold is below the minimum amount, the vote will be declined and become inactive. If the voting threshold has been attained, the voting will become active, and all investors holding the INC token will likely vote. The more (INC) tokens you have as an investor, the more voting power you will have. 

• The threshold for making a vote valid

After a proposal has scaled the voting threshold, a stipulated amount of votes will make a vote valid. The impact of the vote on the ecosystem will determine the number of votes required to make a vote valid. 

Attracting Liquidity to the Decentralized Exchange (PSIDEX) 

Aside from governing the PSI ecosystem, the Income (INC) token helps to attract liquidity to the PSIDEX. It enables farming the Income token by providing liquidity on the ecosystem. Liquidity is essential for making the PSIDEX self-sufficient and independent. The absence of liquidity in the ecosystem means that there will be no trade. 

Notable Partnerships 

The PSI ecosystem has partnered with Omni, a blockchain platform designed for trading custom digital assets. This partnership will bring a new level of expertise in the tokenized real estate market. With the integration of tokenized assets that can be traded in an instant, yield generators have the capacity to search the best yield generating real estate NFT assets. It also brings a new level of security to investors with open source contracts and unchangeable contracts for corruption measures. This will be the first marketplace where at least 25,000 real estate assets can be bought using crypto while also generating yield for investors.  

Conclusion

The Passive Income ecosystem is a welcome development that has the potential to re-imagine the concept of DeFi yield generation. PSI ecosystem upgrades the concept of yield generation to DeFi passive income generation. You can easily purchase the PSI token on Uniswap and Pancakeswap, but you will have to set the slippage at 2%.