Drip Network Whitepaper
Last UpdatedJanuary 2023
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.