We're Increasing Our Daily Payout
From the WhitePaper we mentioned that not only are we going to pay a daily dividend in swap.hive but we plan to increase that dividend monthly. While it's not a huge increase each month it will add up significantly over time. There's not a better time to get into DRIP than now. 149% APY on staking paid in more DRIP plus a daily dividend that keeps going up! It doesn't get much better than this! We have now increased our payout to 0.00028767 0.00029 swap.hive per day per DRIP from 0.00028767.
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
Our Total Investments
Monthly report for July posted here. August report coming very soon!
Milestones
- We sold out of our pre-sale in 5 days!
- We started staking rewards 2 weeks early paying out 149% APY over first 365 days.
- We broke through $10,000 in treasury assets!
- A member reaches the 5000 DRIP milestone and claims 500 DRIP bonus.
- We Sold Out of Second Tranche
Looking Forward
We plan to continue to invest and grow our assets while rewarding our loyal investors. The daily payouts will not go down. In fact the plan is to raise them each month like we just did for August and like we just did today. Most of our assets will likely stay in the HIVE ecosystem through at least the second and third tranche. We are looking at games on other chains including Polygon as possible investment opportunities. As we build up a track record for consistent payouts while also increasing our asset holdings we will build more confidence and get more investors. However, now is the best time to invest in DRIP Coin, especially with the first year staking reward of 149% APY!
It's been a thrilling ride so far and it has not even been a full month! But, we still have a long ways to go! We will keep chugging along and providing value. It's going to be a great year for DRIP!
Will you be riding on the DRIP train or get left behind?
Daily Payout
That's right, we payout 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 in the second third tranche of our sale. We sold 20,000 tokens during pre-sale, 30,000 DRIP during tranche 2 and now have less than 70000 DRIP tokens in the 3rd tranche priced at 1.5 Swap.Hive each. Each tranche will increase in price. It's a very good time to get into DRIP. We wanted to reward our early backers the most and it's still very early! 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 first year.
1000+ DRIP staked - New role called DRIP Challenger and access to a no cooldown room for S&S game. Auto staking script.
5000+ DRIP staked - 500 Bonus DRIP tokens to first person Completed!, 2nd person gets 250 DRIP tokens, 3rd gets 100. More perks to come!
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
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 barely over a month. Trache 3 is 70,000 tokens at a price of 1.50 swap.hive.
Please see the Whitepaper (link below) for full details.
Purchase Tokens
Tokens can be bought directly from hive-engine https://tribaldex.com/trade/DRIP or https://hive-engine.com
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/GXat5Sdc
-Is the issue transparent and we as investors can see your investments and the profits you made?
Overall happy to found out about this project.
Already bought some drip coin 🪙😁
Im sharing this in hope more people will get in this project!
Hi @tabs1250 and thanks for your comment! Based on our whitepaper we are planning for our initial mint of 1,000,000 tokens to be disbursed through 5 tranches with each tranche increasing in price. We are currently in our third tranche.
To your second point, yes the daily swap.hive payout can be thought of as dividends that are paid out from earnings just for holding our token. Please follow us, we will have our second treasury report out soon for August. We are transparent about all of our holdings.
I'm glad you found interest in our project, we look forward to seeing you on our discord.
Cheers!
Congratulations @hivedrip! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 200 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Check out our last posts: