DRIP Network Guide
DRIP can be very confusing but hopefully these FAQs will answer your questions! If you still need help, feel free to send me a message and I’ll do my best to respond ASAP!
DRIP is a decentralized system that allows users to claim 1% in daily rewards. The official token of the DRIP Network is DRIP (BEP-20) on the Binance Smart blockchain (BSC) that captures value by being scarce, deflationary, censorship resistant, and by being built on a robust, truly decentralized blockchain.
DRIP uses the Binance Smart Chain Network and all DRIP tokens must be purchased using BNB on the Smart Chain (BEP-20).
Use the WalletConnect Registry to pick and choose a verified wallet. Some wallets are easier to use than others. My preferred wallet is MetaMask because it allows me to connect using my Ledger hardware wallet!
There are plenty of options for buying BNB. When you initially buy BNB, it will be on the Binance Chain. After purchase, you’ll need a way to convert from BNB on the Binance Chain to BNB on the Binance Smart Chain. Follow this BNB Conversion guide for more instructions!
DRIP’s platform is a referral-only system. That means in order to join, you must input an address associated with the person/user that referred you. In your case, you would enter my Buddy ID into the site (after connecting your wallet). Adding a Buddy ID simply allows you to join my team and receive free DRIP AirDrops (free DRIP deposits) and earn the daily 1% rewards for yourself!
Here is my Buddy ID for your use: 0xC45B2dF781c1d011532eF5676591226Cd16e16A1
Adding a Buddy ID is simple and anyone can do it (so long as you’re not already a part of someone else’s team). If you are a part of someone else’s team, meaning you’ve already added a Buddy ID in your main wallet, but you’d rather switch to my team, you’ll need to create a new wallet and input my Buddy ID in the field below after connecting that new wallet to DRIP!
For reference, here is the Buddy ID you’ll want to use after Connecting your Wallet to the DRIP website (see image below): 0xC45B2dF781c1d011532eF5676591226Cd16e16A1
Once you’ve added in my Buddy ID, you’ll click the UPDATE button to join my team! Welcome aboard!!
Hydrating is the act of taking your daily 1% rewards and putting them back into your Deposits. In doing this, two gorgeous things happen: 1) your Deposit balance increases and 2) you’ll start earning more every 24 hours!
Claiming is the act of taking your Available balance and removing them from the DRIP network. Claiming allows you to get your DRIP tokens back into your connected wallet.
If you wanted to get started with DRIP today, the minimum you’d need (to collect the 1% in daily rewards) is 10 DRIP.
To save on transaction fees, the best way to buy DRIP tokens is directly on the drip.community website. This will save you 10% in fees! To buy, head to drip.community/fountain and convert your BNB (on the Binance Smart Chain) to DRIP.
Please make sure to keep at least 0.5 BNB in your account to pay for transaction costs each time you Hydrate, Claim, or Sell DRIP!
Once you claim your DRIP, those tokens will appear in your connected wallet. From there, you can visit the Fountain page and sell those DRIP tokens for BNB.