Drip Network — A Community-based 1% Daily ROI Project

A few words about Drip Network

Drip’s referral system

How does Drip Network work?

  • Contract #1 Drip Token: as we mentioned previously, $DRIP is a deflationary token driving the whole reward mechanism of the system. The portal applies a 10% tax on the operation each time users sell coins. The fee aims to send liquidity to the Faucet Pool and enable Drip to pay rewards and daily ROI.
  • Contract #2 Reservoir: another way to earn passive income is to use the crypto yield farming strategy. The contract lets users claim the daily 1% return or compound it over time. The use of a compound interest rate can be a way to enhance passive income with potentially high returns.
  • Contract #3 Faucet: most crypto enthusiasts are generally familiar with the idea of staking. The Faucet contract enables users to lock their $DRIP to earn the promised daily 1% ROI. At this point, anyone can either claim the passive income or compound it, as previously explained.

About the tax system

  • Deposit tax: 10%
  • Faucet withdrawal tax: 10%
  • Hydrate (i.e., Compound) tax: 5%
  • Whale withdrawal tax: going from 50% (with withdrawals over 10% of the liquidity) to 0% (in case of operations below the 0.99% threshold).

What’s next in the official roadmap of the project?

  • Team competition
  • Hitting specified goals on the platform
  • Using a cross-chain bridge (which will allow the swap of ERC20 and TRC20 tokens).

What can we conclude on Drip Network?

  • Go to https://drip.community/fountain and exchange $BNB for $DRIP.
  • Enter a Buddy address in the Referral section, or simply click here
  • Deposit at least 1 DRIP (Ensure you have enough $BNB to pay for the gas fees)
  • You’re set up on DRIP. Get ready to receive 1% daily!

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