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This dApp is identified as high risk based on

Red Alarm

DRIP

DRIP$0.0030
DeFi

A high-risk yield-farming platform with compounding rewards.

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Overview
Statistics
Token
About
DRIP cover
DRIP cover
DRIP cover
DRIP cover
DRIP cover
DRIP cover

DRIP Statistics

BNB Smart Chain


Transaction
- 
0% 
Users
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0% 
TVL
- 
0% 
Users
TXN
TVL
7D
30D
No Data
today
DeFi
No Data
DRIP

Token Statistics

DRIP


24h Market Rank
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24h Price Change
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24h Low / High
- / - 
 
24h Trading Volume
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Price
MarketCap
7D
30D
USD
No Data

About DRIP


Audit

Slither


What is DRIP?

The DRIP Network’s Faucet is a low-risk, high-reward contract that operates similarly to a high-yield certificate of deposit by paying out 1% daily return on investment up to 365%. Players can compound and extend their earnings through deposits, hydrating (compounding) rewards as well as team-based referrals. DRIP is designed to reward holders and punish sellers with taxes. Taxes are used for rewards, not inflation, which helps support the price.  NOTE: the Faucet has 83% of the supply staked and locked!   DRIP also has a yield farming solution called the Reservoir. The Reservoir is The DRIP Network’s solution for players that want to benefit from non-inflationary yield farming through adding liquidity to DRIP(paired with BNB). The reservoir also has taxes to reward holders, and boost the price floor through locks.  Fountain DRIP providers a team airdrop feature that allows DRIP members to reward their teams. The rewards are automatically staked and locked to prevent dumping. 

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