According to the DRIP Faucet page: “The DRIP Network’s Faucet is a low-risk, high reward contract that operates similarly to a high yield certificate of deposit by paying out 1% daily return on investment up to 365%.
Players can compound and extend their earnings through deposits, hydrating (compounding) rewards as well as through team-based referrals.”
The entire system is designed to be sustainable.
Unlike bonds or real estate loans (Assets) which are bought using Traditional Finance methods to offset their Liabilities (Certificates of Deposit, Savings), DRIP uses a comprehensive set of what they call “taxes” on just about every transaction that you can do with DRIP. While 10% is charged for Depositing, Claiming, Transferring, and so on. The 2 exceptions under DRIP are:
>> Purchasing DRIP in the Swap area of DRIP at 0%
>> Hydrating at 5%
Every other action in the platform has an associated 10% tax.
No, DRIP is not a Scam or Ponzi. Much like the predecessor project HEX, DRIP has a set of tokenomics that ensure that the 1% APR is paid daily through a comprehensive set of taxes that fund every payment.
The Founder and Main Dev of DRIP, Forex Shark, also has a history of projects, none of which has failed. This is a KEY POINT. Most wealthy people put there money behind a leadership team and from eveything I know about Forex Shark ... HE IS AS LEGIT AS THEY COME!
You will need some BNB for you to buy DRIP. Select the person that referred you as the DRIP project is by invitation only.
Then purchase at least 1.12 DRIP, as 1 DRIP is the minimum requirement, and the additional 0.12 takes care of the tax. At the end of your registration, you will have 1 DRIP in your account. Finally, deposit your 1.12 DRIP into the DRIP Faucet.
Because DRIP is a community driven project, you must have a buddy refer you in order invest. Below is my referral link. Click on it and enter the code in red in the section that requires a buddy.
Go over to http://drip.community
In The Text Box Title 'Buddy'
Enter 0x5DA44A9ceb43AACbC8ccda176D303B7F75D27c8F
All that is left to do now is strategize when you will start taking profits.
HYDRATE EVERY DAY
Once your Buddy address has been updated, you can then go to the 'Deposit' section and deposit your DRIP coins and start your wealth generation.
