Drip Network: In this article, we cover a detailed review of Drip Network. How does Drip Network work & Are important features?
About Drip Network
Drip Network (DRIP) is “the first-ever deflationary daily ROI platform” that offers a daily return on investment. Its DRIP token is a BEP-20 token on Binance Smart Chain (BSC) that promises investors 1% daily returns on their investment for up to 365% of their principal. Rewards come from a 10% tax on all transactions.
For example, if you deposit $1,000 into the Drip Network, you pay the 10% deposit tax and receive 1% on the remaining $900 every day. You do not receive your principal back, but you can get up to 365% of it in rewards, in this case, $3,285 (365%*$900). You can also choose to reinvest your rewards and compound your potential maximum payout. However, the limit is always 365% of your total investment, up to a limit of 100,000 DRIP.
In its roadmap, Drip Network promises a cross-chain bridge to expand the project beyond Binance Smart Chain and NFT rewards for investors that hit specific goals.
Drip Network Point Table
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