DRIP Has Over 350 Unique Stakers
It's been less than 6 months since inception of our GameFI fund. The coin price has risen from 1.0 swap.hive to around 1.7 swap.hive as of writing. During this time we've gone from 80 stakers of DRIP to over 350! That's amazing growth. We now have over $50,000 of assets in our treasury and still paying out 149% APY in staking rewards in the form of liquid DRIP plus daily swap.hive payments.
What Value Can I Expect If Purchased Now?
Ok, so maybe your new to project and don't care about the past. This is a conservative estimate scenario. We're still paying 149% APY in staking rewards until 07/01. If you purchase DRIP today at 1.6 and keep restaking your DRIP until July while it takes until January to get to current tranche price of 1.75 swap.hive and just sits there. You'll have a 95% return from now until July. That's an annualized return of 146.5%!
What is Hive DRIP coin?
DRIP is a crypto-coin on the HIVE blockchain that invests into GameFI projects, which are projects that combine gaming with blockchain technology. We believe this will be one of the top growth areas in all of crypto over the next 5-10 years.
Source - main diagram: NewZoo, Blockchain games part: researchandmarkets.com
Milestones
- DRIP Coin Gains 125%
- Drip Coin October Treasury Report - Assets Reach $50,000
- DRIP Coin Sells out of 3rd Tranche!
- Hive DRIP Adds Game, A Pirate Saga, Exclusively To Our Discord
- Hive DRIP Partners with Rising Star to Create Their First NFT & Adds DRIP to Leaderboard
- Hive DRIP Adds Giveaway Bot to Server (currently giving out up to 25,000 DBLN daily)
- We Increased Our Daily Payout For 2nd Time In 2 Months!
- We Sold Out of Second Tranche
- We broke through $10,000 in treasury assets!
- We started staking rewards 2 weeks early paying out 149% APY over first 365 days.
- We sold out of our pre-sale in 5 days!
Daily Payout
We pay out Swap.Hive every single day at 12:30 AM UTC and plan to increase the payout per DRIP coin held each month! We also reward .25% of staked DRIP daily at this time as well.
Staking Rewards
You'll receive exactly .25% of your staked DRIP tokens rewarded daily in liquid DRIP coins. This is a 149% APY. Coins paid out are liquid so you'll need to stake them daily in order to keep compounding your rewards.
Ex. - If you started with 1000 DRIP staked, you'll receive 2.5 coins the first day of staking rewards. If you then restake those coins, you'd earn 2.50625 additional DRIP the next day. If you did this each day for a year without ever purchasing more coins you'd have 2487.71 DRIP coins. Since the Swap.Hive payout is per coin and we plan to increase the payout slightly each month you'd be receiving more than 2.5 times your current Hive payout. The power of compounding is huge so don't forget to restake!
We are currently in the third 4th tranche of our sale. We sold 20,000 tokens during pre-sale, 30,000 tokens during tranche 2, 70,000 tokens during tranche 3 and now just started tranche 4 with 130,000 coins listed at 1.75 Swap.Hive each. Each tranche will increase in price. It's still a very good time to get into DRIP. We wanted to reward our early backers the most! Don't miss out!
https://tribaldex.com/trade/DRIP
https://hive-engine.com/trade/DRIP
Our Staking Reward Perks
I posted this on our discord and we've already started staking rewards for certain tiers.
1+ DRIP staked - earn .25% daily in more DRIP tokens. This is a 149% APY the fist year.
1000+ DRIP staked - New role called DRIP Challenger and access to a no-cooldown room for S&S game. Auto staking script available. We now have a rewards bot where only DRIP Challenger roles can enter for daily reward payouts (currently up to 25,000 daily DBLN). There's also a bonus in LOOT coins when you sign up for A Pirate Saga.
10000+ DRIP staked - A new role called DRIP Contender. Access to hidden rooms, see realtime trades and participate in managerial decision. More perks in the works.
Investment Thesis
DRIP pays daily rewards in the native token on hive-engine and plans to increase payouts on a monthly basis. We prioritize smart, systematic, high-growth opportunities bringing the rewards back to token holders.
Tokenomics
Our initial mint of coins is 1,000,000. Half of which will be sold on market and another large portion will be rewarded as staking rewards/LP rewards. See Whitepaper for full details. We are selling tokens in tranches/batches and each tranche increases in price. Tranche 1/Pre-sale was 20,000 tokens and lasted only 5 days. Tranche 2 was only 30,000 tokens at a price of 1.25 Swap.Hive and sold out in barely over a month. Tranche 3 was 70,000 tokens at a price of 1.50 swap.hive and just sold out. Tranche 4 is 130,000 tokens at a price of 1.75 swap.hive.
Please see the Whitepaper for full details.
Purchase Tokens
Tokens can be bought directly from hive-engine or tribaldex.
Latest Posts
Follow along for all the latest posts on PeakD here: https://peakd.com/@hivedrip
Offical Links
Official Website: https://hivedrip.com/
Whitepaper: https://hivedrip.com/index.php/whitepaper-drip/
PeakD: https://peakd.com/@hivedrip
Buy DRIP coins: https://tribaldex.com/trade/DRIP
Discord Link: https://discord.gg/rMdAAe4jKp
Free Hive Wallet: https://hiveonboard.com?ref=hivedrip
Posted Using InLeo Alpha
I like this project, adding to my stash daily. Good work, thank you
We're happy to have you onboard! #pimp
Good time to get in on a discount. I know I am loading up my bags before it becomes too hard to get more!
After July of next year we will have to reduce the daily DRIP
staking rewards to tame inflation. However the daily swap.hive payments will only go up over time.
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STOPTo support your work, I also upvoted your post!
good work as ever!
Thanks, we are just getting started!
this project so simple, it's just can't faild.
classic win-win situation.
soon we getting another rise in hive payout 😁
That's right, the plan is a small monthly raise and if you keep restaking you'll earn more hive every single day!
Thanks for the update.
!PIZZA
$PIZZA slices delivered:
@rzc24-nftbbg(5/5) tipped @hivedrip