DRIP to Partner with Pancake Swap?
This is going to be a short quick read on why I believe DRIP is going to be around for awhile.
This is going to be a short quick read on why I believe DRIP is going to be around for awhile.
I’ve mentioned a couple of different use cases for the DRIP token that are out there already that will help to stabilize and decentralize the overall DRIP Network.
Read more about The Animal Farm here if you’re interested:
The Animal Farm is getting a new “annuity” like feature called the Piggy Bank. I am super excited to see that launch any day now!
Forex had an interview with Crypto Mike on YouTube last Sunday regarding the Piggy Bank. It’s pretty long, and actually outlined a TON of the overall strategies behind creating the DRIP ecosystem.
It also dropped a couple of new DRIP partnerships that haven’t been publicly talked about to date!
Loot NFT
First mentioned was a new cross chain NFT partnership with Loot NFT. Loot is on the Ethereum network and the DRIP NFT will live on the Binance Smart Chain. Somehow, currently beyond my expertise, these NFT’s will be bridged automatically to be used on either network.
For those who are looking into the metaverse, this could be a great way to get there. Learn more about becoming a Lootizen Here.
Not sure if that is my cup of tea yet, but for those who really want to live in a digital reality, it could be an up and comer.
Pancake Swap
Okay, Forex didn’t come right out and say “Pancake Swap”, but he did reference a partnership with “the largest platform on BSC”. If that’s not Pancake Swap, then who is it?
Forex stated that they (the largest platform on BSC) reached out to the DRIP Team and want to develop a lending protocol with DRIP. It’s not been a secret that The Animal Farm would have a lending protocol.
However, if it’s true that it’s with Pancake Swap, that will be HUGE!
I don’t have all of the mechanics on this yet, since it’s still being developed, but this may give folks who are staked in the DRIP Faucet the ability to borrow against those coins! Potentially doubling their compounding efforts!
Chainlink Labs
I don’t have any real details on another partnership with Chainlink Labs. But Forex had a meeting with them while I was originally authoring this article. He tweeted about that and the Piggy Bank launch in The Animal Farm is set to be Tuesday March 1, 2022 around 11 AM EST.
Summary
Forex — the DRIP Network — are doing so many things right now to expand their ecosystem. The goal with everyone of them is to continue developing use case opportunities that will work to further decentralize and stabilize the network.
It’s really cool to see it develop first hand! Check out the Full Forex Interview Below.
The lending protocol partnership announcement is around the 2 hour 20 minute mark… I told you it was a long interview!
The Shameless Plug — Join My DRIP Team!
I love to code, watch movies, and enjoy writing about whatever comes to mind! I’m also a huge fan of cryptocurrency! I recently discovered DRIP and now there’s no turning back! If you’re interested in crypto it’s definitely worth researching!
DRIP is also still CRUSHING IT!!
I was skeptical at first too! But here I am on Day 40 and I can’t argue with the math! Up 142.2%
DRIP is also an official partner with The Animal Farm! This will continue to help stabilize and decentralize the DRIP network!
Message me on telegram if you want to learn more! CryptOpenSource
What is DRIP?
DRIP is a DeFi project that is intended to provide passive income in a low-risk, high reward contract. DRIP tokens are purchased and then deposited into the Faucet, where they earn 1% each and every day! You can choose to Hydrate (compound) or Claim to pull the DRIP token out back out. That’s the skinny version at least! Read more about it here: What the heck is DRIP??
How to Start
Go to https://drip.community/fountain and exchange BNB for DRIP.
If you’re a total newbie and need a roadmap, read this easy to follow step by step guide: From Zero to Hero. Or ask questions in the Team ChatThen Go to: https://drip.community/faucet, and scroll down to Get a Buddy. You have to enter a Buddy address in the Referral section:
My Buddy: 0x8dBF8F3f36eeb70d5670697556351CD1a774b8DB
(You can click the “Buddy Detected” button if you use the link above to get there.)Then scroll back up to Deposit and deposit at least 1 DRIP (Ensure you have enough BNB left over to pay for the gas fees ~.01 to get started)
You’re setup on DRIP. Get ready to receive 1% daily!
I am part of the Cryptozoa DRIP team. We are a global community of DRIP enthusiasts who are welcoming and helpful. We converse on our own private Telegram group where we share DRIP tips, strategies, breaking news, and more. If you would like to be in the conversation, please join the Cryptozoa team (by getting into DRIP and using my Buddy address above), and then head over to the Cryptozoa Team Gateway. You must be in the DRIP Network to join so have your Buddy ID handy, and be sure to tell them you’re on team CryptOpenSource!
Nothing in this article is to be construed as investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits or losses you may incur as a result of this information. The article may contain affiliate links