Notes

DripDropz ($DRIP) on the Cardano Blockchain Fundamentals Explained


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<h1 style="clear:both" id="content-section-0">What Does How can a $2200 investment equate to $500/day after a year Mean?<br></h1>
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<p class="p__0">The Drip network, based on the Drip Token, is a community/investment that pays you back 1% of your investment every day up to 365% each year. This post will walk you through starting investing in the Drip network. Quick Nav The Drip Network Merely Described What is the Drip Network? The Drip network, based on the Drip Token, is a community/investment that pays you back 1% of your investment every day up to 365% each year.</p>
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<p class="p__1">- While you utilized to swap your BNB for DRIP on an exchange like Pancakeswap, they now have a function that lets you swap your BNB for DRIP without paying the 10%. - The faucet is where you deposit your DRIP. According to their website, "The DRIP Network's Faucet is a low-risk, high reward agreement that operates similarly to a high yield certificate of deposit by paying 1% day-to-day roi as much as 365%." What does all this mean? Here's a streamlined description: You deposit a particular quantity of DRIP into the Drip Network.</p>
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<h1 style="clear:both" id="content-section-1">What Is a DRIP? - Investopedia Can Be Fun For Everyone<br></h1>
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<p class="p__2">, but you earn 1% of it back in DRIP every day. They say it takes about 3. 5 months to get your preliminary investment back (however by recompounding you can get it back much faster). After that, whatever it produces is. So who is paying you? How can View Details keep paying individuals? Well, DRIP rewards are paid from a 10% tax on all deals.</p>
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<p class="p__3">Sounds rough, but everybody gets taxed too on each transaction. That's how you keep making money day after day. So in summary, you put in $10,000 (which comes out to be $9000) and you get paid back 1% of that every single day in DRIP. Let's leave it at that for now.</p>
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<h2 style="clear:both" id="content-section-2">A Biased View of DRIP CAPITAL CONNECTS WITH TRADELENS TO PROVIDE<br></h2>
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<p class="p__4">Likewise, feel complimentary to consult their Whitepaper for more details. How To Get Started Let's walk through how to start with the DRIP Network. 1. Purchase some BNB First, purchase some BNB. This can be done nearly anywhere, Coinbase, Kucoin, Binance, etc. After you have BNB, send it out to your Metamask wallet or your Trust wallet.</p>
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