As you know, we sold out of our pre-sale in 5 days. We had planned on starting staking rewards 30 days after launch. We're ahead of schedule and pushing code through tonight. So in addition to your daily payout in swap.hive (whether you hold liquid or staked DRIP) we will be paying out daily DRIP coins based on how many you have staked.
Example
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!
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 stake them daily if you want to keep compounding your rewards.
Guys, we're only in the second tranche of our sale. We sold 20,000 tokens at 1.0 Swap.Hive each and now have 30,000 tokens listed at 1.25 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! Don't miss out!
https://tribaldex.com/trade/DRIP
https://hive-engine.com/trade/DRIP
What is Hive DRIP coin?
DRIP is a crypto-coin on the HIVE blockchain that invests into GameFI projects, basically 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.
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 is only 30,000 tokens at a price of 1.25 swap.hive. They have already started to sell so there's less than 30,000 DRIP left to purchase before the price moves up again. Please see the Whitepaper 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: @hivedrip
Offical Links
Official Website: https://hivedrip.com/
Whitepaper: https://hivedrip.com/index.php/whitepaper-drip/
PeakD: @hivedrip
Buy DRIP coins: https://tribaldex.com/trade/DRIP
Discord Link: https://discord.gg/3yvn2cqk