Drip Network: News and Price Prediction for August to September 2022

What is Drip Network?

DRIP is the cryptocurrency that serves as the backbone to the Drip.Community Network. It has served as an original example of sustainable DeFi and inspired other projects with similar models such as EMP.Money and its Detonator. Drip can be deposited into the Faucet Contract to provide a consistent 1% daily return (up to 365% of initial principal amount) over time.

Drip also has branched out to incorporate the Animal Farm, which has undergone a reconstruction and will be launching again soon, pending the announcement of the actual release date. To learn more about Drip ahead of this exciting time which is likely to see the price of Drip pump, you can read the litepaper here.

The Drip Network Devs

The famous crypto developer Forex Shark is behind Drip Network. For those who know, Forex is synonymous with innovative DeFi protocols that push the boundaries of what is possible. Where many of the projects we see being promoted in DeFi are copy cats of the same simple high risk/reward ROI decentralized apps that reward insiders and punish newbies, Forex Shark prides himself on creating DeFi protocols that truly help the most amount of people develop sustainable passive income.

Tokenomics

  • Income comes from 10% taxes on exchanges and referrals. A reservoir is also available to provide wBNB rewards. DRIP is the only deflationary daily ROI token that pays stakers and referrers from a tax on transactions. Not through inflation 1% Daily Returns
  • Up to 365% of Initial Principal
  • DRIP is the only deflationary ROI token
  • There is a Whale Tax on those who accumulate enough Drip to affect the protocol. They are forced to kick back some of their rewards. This is based on their ownership of various percentage levels of the total supply.
  • YOU CAN ALSO COMPOUND EARNINGS THROUGH REGULAR DEPOSITS, ROLLING REWARDS AS WELL AS TEAM BASED REFERRALS. UNLIKE MANY OTHER
  • PLATFORMS PROMISING A CONSISTENT DAILY % RETURN, FAUCET’S CONTRACT CANNOT DRAIN AND WILL ALWAYS BE ABLE TO PROVIDE THE DRIP THAT HAS BEEN REWARDED

How to Invest

Get started with Drip! You can follow the link here.

Purchase Drip on PancakeSwap.finance. Deposit into the faucet to begin your earning 1% of your total deposit, up to 365%. Once you have deposited your Drip, simply wait for your rewards to multiply! And either compound, “hydrate,” or claim your rewards to start earning profits.