DRIP Increases Daily Payout For 5th Straight Month!

We're Increasing Our Daily Payout

From our whitepaper we mentioned that not only are we going to pay a daily dividend in swap.hive but we plan to increase that dividend monthly. While it's not a huge increase each month it will add up significantly over time. There's not a better time to get into DRIP than now. 149% APY on staking paid in more DRIP plus a daily dividend that keeps going up! It doesn't get much better than this! We have now increased our payout to 0.000293 swap.hive per day per DRIP coin from 0.000292. Our 5th increase in 5 months. We started at .00027397. That's already a 6.6% increase in daily payouts. New payout starts at next payout: 12:30 AM UTC.

Also look out soon for our November Treasury Report! It should be a good one!

What is Hive DRIP coin?

DRIP is a crypto-coin on the HIVE blockchain that invests into GameFI projects, which are projects that combine gaming with blockchain technology. We believe this will be one of the top growth areas in all of crypto over the next 5-10 years.

Source - main diagram: NewZoo, Blockchain games part: researchandmarkets.com

Staking Rewards

You'll receive exactly .25% of your staked DRIP tokens rewarded daily in liquid DRIP coins. This is a 149% APY. Coins paid out are liquid so you'll need to stake them daily in order to keep compounding your rewards.

Ex. - If you started with 1000 DRIP staked, you'll receive 2.5 coins the first day of staking rewards. If you then restake those coins, you'd earn 2.50625 additional DRIP the next day. If you did this each day for a year without ever purchasing more coins you'd have 2487.71 DRIP coins. Since the Swap.Hive payout is per coin and we plan to increase the payout slightly each month you'd be receiving more than 2.5 times your current Hive payout. The power of compounding is huge so don't forget to restake!

We are currently in the ~~third~~ 4th tranche of our sale. We sold 20,000 tokens during pre-sale, 30,000 tokens during tranche 2, 70,000 tokens during tranche 3 and now just started tranche 4 with 130,000 coins listed at 1.75 Swap.Hive each. Each tranche will increase in price. It's still a very good time to get into DRIP. We wanted to reward our early backers the most! Don't miss out!

Our Staking Reward Perks

I posted this on our discord and we've already started staking rewards for certain tiers.

1+ DRIP staked - earn .25% daily in more DRIP tokens. This is a 149% APY the fist year.

1000+ DRIP staked - New role called DRIP Challenger and access to a no-cooldown room for S&S game. Auto staking script available. We now have a rewards bot where only DRIP Challenger roles can enter for daily reward payouts (currently up to 25,000 daily DBLN). There's also a bonus in LOOT coins when you sign up for A Pirate Saga.

10000+ DRIP staked - A new role called DRIP Contender. Access to hidden rooms, see realtime trades and participate in managerial decision. More perks in the works.

Tokenomics

Our initial mint of coins is 1,000,000. Half of which will be sold on market and another large portion will be rewarded as staking rewards/LP rewards. See Whitepaper for full details. We are selling tokens in tranches/batches and each tranche increases in price. Tranche 1/Pre-sale was 20,000 tokens and lasted only 5 days. Tranche 2 was only 30,000 tokens at a price of 1.25 Swap.Hive and sold out in barely over a month. Tranche 3 was 70,000 tokens at a price of 1.50 swap.hive and just sold out. Tranche 4 is 130,000 tokens at a price of 1.75 swap.hive.

Please see the Whitepaper for full details.