DRIP: A Fixed Deposit In Crypto With 365% Return APY.

I remember the days when banks offered 5-7% APY return (Annual Per Year) on fixed deposits. That was so cool. Money generating money. Passive compounding. You could deposit for example 100.000 on your bank, select 12 months fixed deposit, and at the end of 12 months, you would have 105,000 assuming that the interest was 5%. Wasn’t that amazing? By doing nothing, just parking your hard-earned cash in a bank account, magically your money grew more.

That was the past, now most of the banks offer negative interests. Do you know what that means? It means if you have 100.000 in your bank account, they charge you 1% just because you keep your money with them. Crazy isn’t it? So if you have 100.000, at the end of 12 months, you will have 99,000. Instead of your money working for you, they work against you! Read that again, they work against you!

The Solution

Don’t get upset, I have a solution for you. We now live in the era of Crypto and DeFi. What is DeFI? Decentralized Finance. There are many articles online that explain perfectly what DeFi is, but here is the simplest form from Wikipedia

Decentralized finance is a blockchain-based form of finance that does not rely on central financial intermediaries such as brokerages, exchanges, or banks to offer traditional financial instruments, and instead utilizes smart contracts on blockchains, the most common being Ethereum.

You can find a plethora of products in DeFI that offer great returns on Cryptocurrencies and stable coins.


One of the products that I have invested in is called DRIP. What is DRIP? Let me quote from the official website:

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.

DRIP is the latest iteration of previous crypto projects like HEX and FLOW that were able to provide passive income through smart contracts in Defi. It was created on the Binance Smart Chain, and the DRIP Token can be bought with BNB.

Let me make it simple for you. Drip is a fixed deposit that gives a daily return of 1% on your deposits. That’s DAILY. If you are more of an annual type of guy the 1% daily is 365% per year. So for example, if someone deposits 100 Drip, which with current prices 1 Drip is around $23, so in total, you invest $2,300, you will get 1% back which is 1 Drip per day. (100 Drip x 1%) = 1 Drip. In 365 days, it means you will receive 365 Drip!

If that sounds amazing, read the next paragraph carefully.

You can reinvest your daily return on a daily basis. So let’s say you invested today 100 Drip. Tomorrow you will see that you have 1 Drip available for withdrawal. Instead of withdrawing 1 Drip, you decide to re-invest it or if you prefer a more fancy word as per the Drip whitepaper ‘hydrate it’! That means that you have now 101 total deposits, and the next day you will receive 1.01 Drip (101 Drip x 1%) = 1.01. It doesn’t sound much right? Let’s do the math of daily reinvesting for 365 days.

Blown away? This is the unmatched beauty of compound interest! Albert Einstein said it best

“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” Einstein isn’t the only smart person that understands the power of compound interest“.

Let’s do the recap, your initial Investment of 100 Drip grew to 3,778 Drip in 365 days! That’s a return of 3,678%. Too good to be true? Not in DeFi world. This is the new ERA of financial products. If we assume that the price stays is the same ($23), which probably won’t, I believe DRIP will be worth more in the future, your initial investment of 100 drip ($2,300) now is worth 3,778 x $23 = $86,894! Yeap, you turned $2,300 into $86,894 in 365 days! You can play around with the daily compound interest calculator to adjust it for your own investment and see your returns.

I want to highlight something here. Once funds are deposited into the DRIP contract, you will not be able to withdraw the deposited amount. This is similar to a Fixed Deposit. You are only able to withdraw what’s in the Available section of Faucet, which is basically the daily interest.

I Am In, How Can I Invest?

As I mentioned above DRIP was created on the Binance Smart Chain. That means you will need Binance’s coin called BNB in order to buy DRIP. You’ll also need to buy at least 1 DRIP in order to participate and start earning interest. That’s the minimum deposit. Currently, the price of DRIP crypto is around $23/DRIP. A few weeks ago was $11.59/DRIP.

You can buy BNB on Binance or Gate.io.

After you buy some BNB you need to install a wallet, like Metamask, which is a browser crypto wallet. When you create a new Metamask wallet make sure you write on a piece of paper your 12word Secret Recovery Phrase and store it somewhere safe. You will have to set the wallet to Binance smart chain. You can read this tutorial here on how to do this. https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain

Now all you have to do is to send your BNB that you bought on Binance or Gate.io and send it to your Metamask wallet. With this wallet, you will connect and interact with the DRIP website.

Now, once you have successfully sent some BNB, to your Metamask wallet I suggest going to https://drip.community/fountain and buy at least 1 DRIP without incurring any fees. You can buy also through Pancakeswap but you would incur a 10% fee.

To participate in DRIP you will need a buddy ID. It’s like an invitation. My ID is 0x6dE832116Cd0165A1a58eC6F9Be9873670cA10E0 or you can click here and it will auto-populate my ID in the buddy section. Click the Buddy detected tab and my ID will be shown there. If you don’t want to use my ID you can click on the support Marketing and development tab and use that address as ID.

For sure I would appreciate it if you use my ID for the time and effort spent writing this post, and i will explain the reason below 🙂

The reason is DOWNLINES.

Downlines are another option to earn by referring others. You get a portion of their deposits as rewards. If you think about it, it is a win-win situation. You refer people to this amazing product to they can earn passive income and you get rewarded for that. And they can do the same and so on.

This is a great incentive to spread the word to friends and family about this opportunity.

To grow a downline you need to buy a separate token called bR34P, which you can purchase in pancake swap. You can click here.

The amount of bR34P determines the number of levels of your downline you can benefit from, according to the chart below. At the time of writing this post, BR34P is at $11. If you can’t find BR34P on pancake swap just add the contract address which is 0xa86d305a36cdb815af991834b46ad3d7fbb38523 in the swap section and the BR34P token will appear.

To receive rewards from 2 levels, your direct referrals, and 1 level below (the people your direct referrals refer), you’ll need to purchase 3 bR34P in the same wallet associated with your account on DRIP.

5 bR34P for 3 levels down, and so on, and so forth.

There is a third way to benefit from DRIP and it’s called Reservoirhttps://drip.community/reservoir

With this option, you are becoming the LP (Liquidity Provider) and you earn BNB from this. We will discuss this in more detail in future posts.

My Opinion

I see this as an amazing opportunity to earn passive income, big time. I hydrate daily and I plan to do it for at least 365 days before claiming anything. Until banks start being competitive again I will always have my eyes open for opportunities in DeFI.

Recap On How To Invest In Drip

  1. Set up a metamask wallet
  2. Buy BNB Binance or Gate.io.
  3. Go to https://drip.community/fountain and exchange BNB for DRIP.
  4. Enter a Buddy address in the Referral section. You can use my Buddy ID 0x6dE832116Cd0165A1a58eC6F9Be9873670cA10E0
  5. Deposit at least 1 DRIP (Always have enough BNB on Metamask to pay for the gas fees.)

Some useful links

Contact me on Telegram https://t.me/Demarko10

Drip Telegram Group — https://t.me/DRIPtoken_Chat

Cryptozoa Telegram group. This is an amazing group with very friendly people to ask questions about DRIP —https://t.me/joinchat/PbTulqLoCmAzZmQx

DRIP Lightpaper — https://www.docdroid.net/0i3RJTu/drip-lightpaper-pdf

Nothing in this article is to be construed as investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits, or losses you may incur as a result of this information. The article may contain affiliate links.

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