D R I P N E T W O R K D E C E N T R A L I Z E D F I N A N C E T O K E N D R I P N E T W O R K D E C E N T R A L I Z E D F I N A N C E T O K E N network white paper network white paper drip network white paper The Drip Network is a decentralized finance ecosystem, which generates daily passive income. Launched on 04/22/2021, it is the first ever deflationary daily ROI (Return On Investment) platform developed by Forex Shark, BB and team. It is deployed on the Binance Smart Chain BSC blockchain and consists of 3 contracts: Faucet, Reservoir, and Fountain/Swap. Introduction The World’s Leading ROI Platform Paying out 1 % Daily in Drip since April 2021. Official site: https://drip.community Telegram Group: https://t.me/driptoken_Chat Forex Shark Calls: https://t.me/forexsharkcalls Solidity Contracts: https://github.com/CryptoKira/drip.community.contracts Twitter: https://twitter.com/dripcommunity?t=HYMVMCBhnwcx_Bjo7fXMiw&s=09 Contract Addresses: DRIP Token: 0x20f663cea80face82acdfa3aae6862d246ce0333 BR34P: 0xa86d305A36cDB815af991834B46aD3d7FbB38523 Faucet: 0xffe811714ab35360b67ee195ace7c10d93f89d8c Vault: 0xbff8a1f9b5165b787a00659216d7313354d25472 Reservoir: 0xb486857fac4254a7ffb3b1955ee0c0a2b2ca75ab Drip Garden: 0x685bfdd3c2937744c13d7de0821c83191e3027ff Fountain/DROP(DRIP/BNB LP): 0x4fe59adcf621489ced2d674978132a54d432653a PancakeSwap(DRIP/BUSD LP): 0xa0feb3c81a36e885b6608df7f0ff69db97491b58 The World’s Leading ROI Platform Paying out 1 % Daily in Drip since April 2021. Sword and Shield Liquidity Protocol The DRIP liquidity is split into two separate Decentralized Exchanges (DEXs), the Fountain and PancakeSwap (PCS) to provide a Sword and Shield liquidity strategy, respectively. The Sword represents an instrument of offense, helping the ecosystem to benefit from the appreciation of the crypto market as a whole, while the shield represents an instrument of defense, helping to protect against the inherent volatility of the market by tying the native asset to a stable coin. The circulating DRIP supply resides within these two separate liquidity pools, which each determine their own DRIP price. Fountain DRIP $ Price = (Fountain BNB supply / Fountain DRIP supply) * Current BNB Price PancakeSwap DRIP $ Price = (PCS BUSD supply / PCS DRIP supply) * Current BUSD Price FOUNTAIN (Native DRIP/BNB DEX) • Swap between DRIP and BNB tokens • DRIP buy tax: 0% • DRIP sell tax: 10% • Slippage: 1% - 5% PANCAKESWAP (Stablecoin DRIP/BUSD DEX) • Swap between DRIP and BEP20 tokens • DRIP buy tax: 10% • DRIP sell tax: 10% • Slippage: 10+% Deposits: Tax Vault: faucet The World’s Leading ROI Platform Paying out 1 % Daily in Drip since April 2021. The Faucet is an innovative smart contract that allows guaranteed, consistent 1% daily return of deposited DRIP (365% APR or 100k DRIP maximum payout) passively.Faucet depositors can compound and extend their earnings through additional deposits, hydrating (compounding) dividends, team-based referral rewards, and upline airdrops. The Tax Vault Collects DRIP taxes, Faucet deposits, and DRIP from external utilities that are used to pay the daily Faucet ROI and referral bonuses in DRIP tokens. If there is ever a Faucet claim for more than the amount of DRIP held in the Tax Vault at that moment, the contract will mint the necessary amount of DRIP to guarantee payment in DRIP. On top of this, many community members also choose to sacrifice their DRIP by buying from one of the DEXs and transferring it to the Tax Vault. When a deposit is made with the Faucet contract, the entered amount of DRIP from the connected wallet is transferred into the Tax Vault and cannot be withdrawn by the depositor. The deposited DRIP is taxed 10% while the remaining 90% is considered the investor’s locked deposited principal. In exchange for depositing DRIP, the Faucet smart contract will pay out 1% of the post-taxed deposited DRIP, in 24 hours. Additional deposits can be made which will also automatically Hydrate any DRIP earned in Available, increasing the daily 1% DRIP earned (up to Max Payout). A Buddy (referral link of an existing Faucet participant or their public BSC wallet address) is needed before being able to deposit DRIP into the Faucet contract. The community wallet can also be selected from the UI to join under. The Buddy cannot be updated once selected. E.g. Investor deposits 100 DRIP into the Faucet. The smart contract will immediately send 100% (100 DRIP) to the Tax Vault that cannot be withdrawn by the depositor. After the 10% deposit tax deduction, the investor’s deposit is left with 90 DRIP and the contract immediately starts making DRIP “Available” to the investor. By the end of 24 hours, the investor will earn an amount equivalent to 1% of their deposit of 90 DRIP (0.9 DRIP). Available Hydrate: Claim: Claimed: Max Payout: If the investor hydrates their DRIP, the Faucet smart contract takes their Available DRIP balance and adds them into their current Deposits. DRIP added to Deposits via hydration will be taxed 5%, instead of 10%. The rest (95%) of their hydrated DRIP increases their Deposits (increasing daily 1% ROI). Hydrating is the way the Faucet allows compound rewards. If the investor claims their DRIP, the Faucet smart contract transfers the amount of DRIP that is in their Available balance from the Tax Vault to their connected wallet minus the 10% claim tax. Claimed DRIP can be held in a decentralized wallet, used to earn yield with external utilities, airdropped to another Faucet account’s Deposits (10% tax), transferred to another decentralized wallet (10% tax), or sold (10% tax). The World’s Leading ROI Platform Paying out 1 % Daily in Drip since April 2021. Max Payout always equals the DRIP in Deposits x 3.65, up to a maximum of 100k DRIP. For every 1 DRIP deposited into the Faucet (post-tax), the Max Payout increases by 3.65 DRIP. The Faucet contract pays 1% of the Deposited DRIP a day, until the amount in Max Payout has been made Available and/or Claimed. The Claimed balance keeps track of the pre-taxed amount of DRIP that has either been claimed or hydrated. When Available + Claimed equals Max Payout, the contract stops paying daily DRIP rewards. The Available DRIP balance is a container which displays the investor’s rewards from the Faucet. The rewards from the Faucet contract are continuously delivered to Available every few seconds and will total exactly 1% of the current Deposits every 24 hours. The Available balance will continue to increase by 1% of the current Deposits every 24 hours if no action is taken (until Available + Claimed equals Max Payout). Other than accumulating, the Available balance can either be Hydrated or Claimed. Whale Tax: Available Claim: < 10,000 ≥ 10,000 ≥ 20,000 ≥ 30,000 ≥ 40,000 ≥ 50,000 ≥ 60,000 ≥ 70,000 ≥ 80,000 ≥ 90,000 ≥ 100,000 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% Whale Tax: The Whale Tax tiers are based on Available balance + Claimed balance, as follows: In order to ensure the sustainability of the project, a Whale tax is implemented once Faucet participants reach 10,000 DRIP tokens in their Available + Claimed. The Whale Tax is applied to the Available balance, effectively reducing the daily earnings. However, the Claimed (Claims + Hydrates) balance continues to count the full %1 daily whenever the investor hydrates or claims from the Faucet. This means a whale is still approaching their Max Payout at full speed, even though they're not able to claim/hydrate as much out of the Tax Vault. The World’s Leading ROI Platform Paying out 1 % Daily in Drip since April 2021. NET DEPOSIT VALUE = (DEPOSITS + AIRDROPS + HYDRATIONS) - CLAIMS Team & Referral Rewards: DOWNLINES BR34P 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 2 3 5 8 13 21 34 55 89 144 233 377 610 987 1597 Current BR34P requirements for referral reward eligibility from different levels of downlines. The World’s Leading ROI Platform Paying out 1 % Daily in Drip since April 2021. Team building is not necessary to earn the daily 1% in the Faucet contract; however there are extra rewards to incentivise investors that do build teams. All rewards follow the Round Robin system. Deposits generate a 10% reward, and Hydrates a 5% reward. The reward starts with the immediate Buddy (if qualified) on the first deposit then goes to the up-line wallet that is next in line each time a new event is generated. The Round Robin goes up either 15 levels or to the community wallet (whichever is fewer levels) and then resets to the immediate Buddy. The up-line wallet whose turn it is in the Round Robin must be qualified to receive the reward, otherwise it is skipped that round and the next qualified upline will receive the reward. Round Robin Reward Qualifications • Wallet holds enough BR34P to cover the depositing/hydrating downline wallet’s level • Wallet has at least 10 DRIP deposited in the Faucet contract • Wallet has not reached Max Payout • Wallet Net Deposit Value must be positive If all of these are true, the wallet will receive the referral reward on their turn in the Round Robin. If the upline wallet receiving the reward is a team wallet (has 5 or more directs), it will automatically airdrop back 25% of that reward (post-tax) to the depositing/hydrating Faucet Deposits. Airdrop The AirDrop feature allows you to send DRIP tokens directly from your wallet to another participant's Deposits, or share them among your team members. It is a tool that you typically use to reward your downline (members of your network/team) on a voluntary basis. There is a %10 fee for this action.” Every BR34P transaction is taxed 2%, so make sure to take that into account especially when buying and selling. Example: If you want to achieve your first line referrals, you need to own at least 2 BR34P tokens AFTER the 2% tax, which means that you must purchase at least 2.05. This number takes into consideration the 2% tax, and will ensure that you end up with at least 2. To simplify, you need to buy the amount of BR34P + 2%. The World’s Leading ROI Platform Paying out 1 % Daily in Drip since April 2021. The Reservoir allows users to provide liquidity to the DRIP/BNB Fountain DEX by depositing BNB (10% tax). The contract will utilize the remaining 90% of the deposited BNB, by splitting it in half, and using half to purchase DRIP from the Fountain. It will then pair the purchased drip with the remaining BNB to generate DRIP/BNB LP(Liquidity Provider) tokens, called DROPS. The DROPS are automatically staked in the Reservoir’s yield farm to earn passive DROPS daily from the Dividend Pool at a variable rate. Earned DROPS can be compounded or claimed with a 0% tax. All or a fraction of staked DROPS can be withdrawn with a 10% tax. When claiming or withdrawing, the contract will unpair the DROP LP, thereby removing the DRIP and BNB from the Fountain circulating supply. It will then swap the DRIP half for BNB and transfer the total BNB to the connected wallet. The total number of DROPS staked increases with new deposits and compounding. Providing liquidity gives price appreciation as well as a deeper level of decentralization and stability to the DRIP token. Reservoir Tax Explained: 10% deposit/withdrawal taxes • 2% Instantly distributed to Fountain Liquidity Providers • 5% Sent to Dividend Pool • 3% Locked in the Fountain DEX from Liquidity Provider withdrawals 0% compound/claim taxes Dividend Pool: Reservoir liquidity providers earn 2% of the collected DROPS daily, proportionate to their share of the pool determined by their amount of DROPS staked. Rewards are generated from: • 1% swap transaction fees (buys/sells) from the Fountain DEX • 50% of the Reservoir deposit/withdrawal taxes The World’s Leading ROI Platform Paying out 1 % Daily in Drip since April 2021. reservoir The World’s Leading ROI Platform Paying out 1 % Daily in Drip since April 2021. The DRIP Garden is a game that fills the demand for high risk/high yield games that are fair and sustainable. Other miners give insiders over 100,000% more buying power than players getting in after launch, allowing them to drain the contract and disincentivize new capital. This protocol incorporates several new innovations in the space, including contract balance and time multipliers, which ensures every gardener starts out relatively equal with fairly distributed buying power regardless of their entry time. The buying power of the new capital entering increases as the contract balance grows, and the time multiplier steadily rises by 0.1% daily non-compounding.This is designed to attract multiple waves of new cashflow as investors take advantage of better rates. Depositing DRIP/BUSD LP tokens into the Garden buys Plants that produce Seeds daily. Plants can never be withdrawn but the earned Seeds can either be compounded to buy more plants or sold to receive DRIP/BUSD LP tokens. One Plant is made from 2,592,000 Seeds and produces up to 86,400 Seeds (3.33%) daily, according to the current mining efficiency rate. Each gardener’s harvesting efficiency rate fluctuates, and is determined by the frequency they plant their Seeds (compound) vs. sell them (withdraw), proportionally with the harvesting habits of the other gardeners. Plant supply is designed to increase by being minted per day and distributed. Gardeners compounding their minted rewards will earn more Seeds while the ROI reduces for those not compounding. Plants are not tradable, have a constant price and only determine the number of Seeds earned. Gardeners incur a 5% tax on deposits and claims while compounding is tax free. The DRIP portion of the taxes are sent to the DRIP Tax Vault, providing additional utility for the DRIP token, and the BUSD portion is used for marketing and development fees. Gardeners can also choose to receive 5% referral commission from other gardeners buying plants using their referral link. DRIP GARDEN ROADMAP GENERAL • Bridge Protocol • Lending and Insurance protocols • Mini DAO • Scratchies launch • SuperChat DRIP NETWORK • DRIP Faucet Layer 2 DRIP DROP DRAW • DRIP Reservoir Layer 2 DRIP DROP DRAW • Direct purchase "Fiat on ramp" • Drip Games • New DRIP UI What has been achieved 29 March: spritz.finance announcing integration with the DRIP community 24 March: Drip Drop Draw whitepaper released 01 March: Drip Drop Draw tokenomics revealed 15 February: Drip Drop Draw mechanics revealed 11 February: Drip Layer2 "Drip Drop Draw" announced 05 January: New DRIP UI, Fiat onramp, cross chain functionality and improved airdropping system announced 27 September: dripcommunity.wiki launch 30 August: 130k unique BSC addresses reached DRIP protocol 26 August: drip.community ranks 2nd in top DAU BSC dApps 22 August: new UI DRIP preview released 08 August: 3D game for Drip Garden announced 04 August: new credit card direct purchase protocol “fiat on ramp” announced 26 July: litepaper Scratchy protocol released 2022 2023 Coming Up The World’s Leading ROI Platform Paying out 1 % Daily in Drip since April 2021. 20 June: Drip Garden user interface updated 08 June: new GameFi protocols announced 07 April: Scratchy protocol announcement 26 January: DRIP token hits ATH at $197.47 26 January: DRIP/BUSD pair reaches top position on DexTools 03 January: advertising campaign on major DeFI sites launch 26 December: 2nd position DRIP on BSC and 6th among all blockchains 16 December: DRIPGarden launch 16 December: DRIPLiberation launch 15 December: reached the third position on BSC DeFi 12 December: reached top10 watchlist on CoinBase 08 December: listed on CoinGecko 29 July: AUDIT performed by Slither released 29 July: DRIP listed on CoinMarketCap 19 July: minimum deposit reduced to 1 DRIP from 10 15 July: partnership with FocusVisual announced 13 July: announced listings on CoinGecko, CoinMarketCap and DefiPulse 13 July: DRIP/BNB and DRIP/BUSD pair launch on pancakeswap.finance 29 June: partnership with beefarm announced 22 April: official launch of drip.community 17 April: drip.community deployed 15 April: DRIP token public presale 08 April: DRIP token private presale 27 March: released the first light paper of the DRIP protocol D R I P N E T W O R K D E C E N T R A L I Z E D F I N A N C E T O K E N D R I P N E T W O R K D E C E N T R A L I Z E D F I N A N C E T O K E N 2021 2022 The World’s Leading ROI Platform Paying out 1 % Daily in Drip since April 2021.