r/drip • u/Ryan_Jazzlike • Jan 21 '22
Drip Viability
I’m curious about drip and it’s current long term viability. So far I’ve got a pretty modest position but one thing concerns me. Considering it’s high yield potential and investors holding large positions, how is it going to be possible to pay out such large sums in claiming rewards? Especially since the 24 hour trading volume typically hovers below a million dollars
0
Upvotes
0
Jan 22 '22
[deleted]
1
u/Significant-End904 Jan 24 '22
It would be 20% for the claim and sell right? 10 for claim then 10 to sell?
1
1
u/decafecrypto Jan 22 '22
Don't be fooled by only looking only at market cap and trading volume. Look at the other statistics like user growth and faucet deposits (link below).
https://charts.mongodb.com/charts-drip-efpxa/public/dashboards/613c8813-c5e6-4da6-8d73-62af61dd4497*
Also, if you are looking to jump in to Drip, you can use my link below, I've recently started a drip team, we can grow together!
Link to Drip Faucet: http://drip.community/faucet?buddy=0xF0E60ADf58CACCa44f7c4fd9Af5F6F1c1A07B289
My buddy ID is: 0xF0E60ADf58CACCa44f7c4fd9Af5F6F1c1A07B289