Drip Network (DRIP) is a platform in the cryptocurrency space that strives to provide daily compensation through its deflationary mechanism. The platform operates with its native DRIP token, a BEP-20 token on a certain Smart Chain. The platform's approach involves a 10% tax on all transactions, which is then distributed as rewards to its users. The DRIP token aims to provide users with a 1% daily return on their contribution, up to 365% of their principal amount. It's important to note that the principal amount is not returned to the user, but the rewards can potentially reach up to 365% of it.

Drip Network operates through a system involving daily rewards, a referral system, and a compounding mechanism. Users can acquire DRIP tokens either from its native "fountain contract" on the site, thereby avoiding the 10% deposit tax, or from a certain swap platform, where the tax applies. Once acquired, these tokens can be deposited into "The Faucet", a part of the Drip Network where daily rewards are generated. The platform also encourages users to "hydrate", or compound their initial contribution, which incurs a lower tax rate of 5% compared to the 10% tax on claiming rewards. Additionally, Drip Network has a referral system where users can receive rewards from newly referred parties if they hold a certain amount of BR34P tokens in their wallets.

Drip Network aims to provide an opportunity for users in the cryptocurrency space. By offering daily rewards and a compounding mechanism, it seeks to create a system where users can potentially receive up to 365% of their initial contribution. Additionally, the platform's referral system provides an opportunity for users to receive additional rewards by referring new users to the platform. Drip Network also has a feature called "The Reservoir", which is the reward pool of Drip’s liquidity pool. Users can provide liquidity to the DRIP/BNB pool and receive a share of the 10% transaction tax.

Drip Network was launched in July 2021 by two anonymous accounts. The platform has been operational for over six months at the time of writing, and it has been an interesting case study in the cryptocurrency space due to its approach to daily rewards and deflationary dynamics. The platform's roadmap includes plans for a cross-chain bridge to expand the project beyond a certain Smart Chain and NFT rewards for participants that hit specific goals. However, due to the anonymity of its founders, potential participants are advised to proceed with caution.

我们实时将 Drip Network 更新为 SGD 货币。通过 Coinbase 获取最新 Drip Network 价格。

Drip Network的当前市值为 S$0.00。高市值意味着该资产在市场上的价值很高。

Drip Network的历史最高价位是 S$215.35。这是Drip Network自推出以来的最高价格。

在过去 24 小时内，Drip Network的交易量为 S$44.53。

与Drip Network具有相似市值的资产包括Enjinstarter, Birb, BitBase Token和许多其他资产。要查看完整列表，请参阅我们的可比市值资产。

Drip Network的当前流通供应量是 0。