The key is to find an investment that pays 1% per day. Oh yeah, that already exists: DRIP.
Looks unreal, doesn’t it? How is it possible to generate $377k from $10k in one year?
All it takes is to invest in something that returns 1% per day for 365 days. And that something is DRIP.
What is DRIP?
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 DRIPToken can be bought with BNB.
The bedrock of DRIP is the feature of paying 1% on your investment per day. You can either pull that amount out and receive your 1% return of the DRIP token per day, or you can “Hydrate” or recompound your earnings and compound the 1% against the new amount. By Hydrating you start to see the 3678% APYs by the end of the year.
The payment is in DRIP not dollars, so you’ll have the opportunity to benefit from any price rises (as well as suffer from price falls), but the tokenomics of scarcity, deflation, and incentives to HODL gamefies the tokenomics to create a virtuous cycle that promotes the lifting of the price of the DRIP token. Just look at the 91% TVL (Total Value Locked). Only 9% of the Million total supply of tokens is even available for trading.
So, how do I do this?
Let’s start from the beginning.
You’ll need a coin called BNB in order to buy DRIP. You’ll also need to buy at least 10 DRIP in order to participate. Currently, the price of DRIP crypto is around $12. To give you an idea of how fast this token is rising, just a week ago I bought a chunk for $5.85/DRIP.
Start an account, fill out their KYC, connect your bank and buy some BNB.
Once you have purchased some BNB, install Metamask, which is a browser crypto wallet, set it to the Smart Chain network and send your BNB to your Metamask address: https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain
You will connect and interact with the DRIP website with this wallet.
Once you have your BNB, go to https://drip.community/fountain and buy at least 10 DRIP. Buy your DRIP here, because if you buy through Pancakeswap you would incur a 10% fee. Zero fees if you use their swap here.
Participating in DRIP is by invitation only. If you like, you can enter the Beyourwealth Buddy ID: 0x6dE832116Cd0165A1a58eC6F9Be9873670cA10E0. You could also just click this link, which should autopopulate fields with my ID: drip.community/faucet?buddy=0x6dE832116Cd0165A1a58eC6F9Be9873670cA10E0
I plan on providing airdrops to folks in my downline on a regular basis.
Then, just deposit you DRIP and start receiving your 1% per day.
If you are interested, you can also refer others to this opportunity, which benefits you as you are able to get a portion of their deposits. Developing a downline is a way to amplify the results past the 1% per day return.
This further gamefies the tokenomics by marketing DRIP through word-of-mouth, with a financial incentives for the person developing their downlines.
This does require owning a separate token called bR34P, which you can purchase here.
The amount of bR34P determines the number of levels of your downline you can benefit from, according to this chart:
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.
The final way to participate in the DRIP ecosystem is to stake in the Reservoir: https://drip.community/reservoir
This is a farming mechanism where you are a liquidity Provider, buying the DROP LP with BNB, which then rewards you in BNB.
The idea is that by staking DROP, you will passively generate BNB, which you can then compound, or withdraw to buy more DRIP for your contract.
The Reservoir is just an additional option provided to benefit both yourself as an investor, as well as benefit the DRIP ecosystem. It is not a requirement.
The Basic Strategy
Really, the simplest thing is to just buy DRIP, and recompound for a year before claiming your DRIP rewards. That would maximize your percentage, as well as the anticipated price rise of the DRIP token. The other options, such as growing a downline, and staking in DROP can be dove into at a later date.
Please note, once funds are deposited into the DRIPcontract, you will not be able to withdraw the total amount. This is similar to a CD. You are only able to withdraw what’s in the Available section of Faucet.
So, if you are ready, here’s the how:
- Go to https://drip.community/fountain and exchange BNB for DRIP.
- Enter a Buddy address in the Referral section. I am part of Cryptozoa team. Please consider signing up under my buddy ID: 0x6dE832116Cd0165A1a58eC6F9Be9873670cA10E0
- Deposit at least 10 DRIP (Ensure you have enough BNB to pay for the gas fees.)
- You’re setup on DRIP. Get ready to receive 1% daily!
DRIP TELEGRAM LINK — https://t.me/DRIPtoken_Chat
Beyourwealth Telegram — https://t.me/beyourwealth
Cryptozoa team Telegram —https://t.me/joinchat/PbTulqLoCmAzZmQx
DRIP Lightpaper — https://www.docdroid.net/0i3RJTu/drip-lightpaper-pdf
DRIP CONTRACT LINK — https://bscscan.com/token/0x20f663cea80face82acdfa3aae6862d246ce0333