Old School Banking… $35.62 in 2 Years. DeFi… $57.77 in 1 DAY!
Seriously folks, is it time to ditch local banking completely?
Seriously folks, is it time to ditch local banking?
I’ve moved a little over half of my traditional savings into crypto.
Why? Because I maintained a $30k balance for 2 years and earned a MASSIVE $35.62 in interest.
This article will show you how I made $57.77 in 1 day with a $2k deposit into the DRIP Garden.
Old School Banking Sucks…
The image below contains photos of 2 of my actual 1099-INT aka Interest Income forms for the purpose of filing taxes here in the US.
2020 — $19.87
2021 — $15.75
Combined Total: $35.62
Prior to this past fall, I had been thinking about getting into crypto. Quite frankly, I didn’t really know where to start, and I’ve always been pretty conservative. The typical risk-averse kind of guy.
Now, I want to kick myself for not putting my hard-earned dollars to work sooner! But, that’s why I continue to say… “Thank You, Matt Damon!”
Now, my confidence levels are up. I understand better how to navigate the DeFi seas. And I just moved another $2k from my traditional savings account into crypto.
The Animal Farm — DRIP Garden
On Tuesday 2–22–22 at approximately 2 PM, I liberated 2 thousand dollars worth of USD in order to create DRIP/BUSD Liquidity Pool tokens.
Then, at approximately 2:22 PM I used the LP tokens to purchase 343 Plants in the Garden!
The DRIP Garden is a yield farming project and according to the site:
“The DRIP Garden is a true game where all players start out relatively equal and what determines your payout is how often you plant your seeds(compound) vs. how often you sell them (withdraw).”
I encourage you to read the whitepaper so you have a better understanding of the game and its theory.
Definitely understand this next statement!!!
When you Deposit to the Garden those funds are locked!! You only gain saleable tokens back via harvesting seeds. In other words, there is a time element to consider on this one!
Specific to the DRIP Garden starts on page 13 below!
My initial strategy is simple… I’m going to alternate Planting Seeds (Compounding) each day with Harvesting Seeds (Selling them for DRIP/BUSD).
As I interact and document the results of this strategy I may have to change things up a bit to take full advantage of the high yields.
As in any of these projects, I recommend keeping some type of spreadsheet that records your actions and results!
The Results Thus Far!
The first day after my deposit, I earned enough seeds to purchase and plant 13 additional plants.
I harvested $60.90 worth of DRIP/BUSD LP the next day…
After 4 short days, I now have 368 Seed Producing Plants and I’m holding $118.67 worth of DRIP/BUSD that could be liquidated anytime!
Ditch the Bank?
I’m not totally ditching my local bank! Of course, there are still some reasons that I will continue needing their services.
However, I have definitely shifted a little over half of my bank assets into crypto.
Not a single regret in the world!
Be Sure to Use My Referral Link!
https://theanimal.farm/referrals/0x8dBF8F3f36eeb70d5670697556351CD1a774b8DB
Need the Full How To Guide?
I encourage you to watch this on YouTube so you can Subscribe!
The Shameless Plug — Join My DRIP Team!
I love to code, cook, watch movies, and more! I also enjoy writing about whatever comes to mind! Plus, I’m a huge fan of cryptocurrency! I recently discovered DRIP and now there’s no turning back! If you’re interested in crypto it’s a project 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??
A step by step guide for Crypto newbies from zero to HERO!! Get started for $100!
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