digital-coins.net
  • Visit us on
  •  Twitter
  •  Medium

digital-coins.net

Bitcoin, Altcoins, Defi and more

Decentralized Finance

Earn up to 3.33% daily
Learn more

Menu
  • Home
  • Introduction
    • Overview
    • Blockchain – in simple terms
    • Wallet
  • Decentralized Finance
  • Invest and earn coins
    •  How to get coins
    • Free (Bit-)coins
    • For Publishers
    • Investing your Bitcoins (update required)
  • Mining
    •  Mining Overview
    • CPU Mining
  • About

Drip Garden

Animal Farm – Drip Garden – Earn up to 3.33% daily

20. October 2022 by digital-coin.net Leave a Comment

Animal Farm article overview

  • Next Defi Destination — Animal Farm (an introduction)
  • Animal Farm — Pig Pen Introduction — A great profit opportunity?
  •  Animal — Piggy Bank — High time-locked bonus ahead
  • Animal Farm — Dog Pound — Reduce your tax costs

Drip Garden is probably one of the parts where all the Drip community members will stick around on the Animal Farm. Labelled as a game by its founders, Drip Garden is where you can deposit DRIP/BUSD liquidity pairs and earn up to 3.33% daily. Definitely worth to have a closer look.

Drip Garden tries to be fair to all players, new joiners, but also people being active for a longer time. It is advertised for investors looking for long-term and sustainable profits. New joiners benefit from a lower entry price, unlike other games on the blockchain.

Another important aspect of the Drip Garden smart contract is its immutable code, which is opensource and so called trustless. What does that mean for you as a user? Everybody can review the code of the contract at an time. Probably nothing a normal investor would do, but the option is there. The code can also not be changed anymore. It got deployed and with that it will stay “as is”. Not even the developers can change it anymore. Not even the website of Drip Garden is required to keep it going. Totally decentralized as one would expect.

How to get started

So how do you start playing the Drip Garden game or how do you start investing? For a garden you need plants. Obviously. You buy plants using DRIP/BUSD LP tokens. These plants will start producing seeds. When you got enough seeds you can then choose: Either you use them in your own garden (compound) or you sell your seeds to other gardeners. Your garden will then continue to produce at the same speed. When you compound, your production rate will go up overtime.

The rewards you get from your garden do vary up to 3.33%. There is a so called Fertilizer Bonus you see at the top of the Dashboard. The bonus is dynamic depending on how many times you compound, how many times you sell, but also depends on the overall gardening habits of the community. i guess we have to see, how this plays out over time, but one can assume already now that the more you care about your own garden (meaning compounding and less selling), the higher your bonus will be.

Referrals

There is a referral system behind the Drip Garden (of course): Once your wallet is connected to the Drip Garden dApp, you will notice that your referral address (this is mine) appear at the bottom of the page. When a new user buys plants after clicking on your personal referral link, the contract will send seeds worth 5% of their purchase to your garden immediately. You can then plant the seeds you earned with the bonus to grow a larger garden or sell them for DRIP/BUSD LP tokens.

Rewards

With Drip Garden you will earn SEEDS, which you can sell for DRIP/BUSD LP tokens and buy further plants. That’s how the compound feature works. Important to remember that when you deposit DRIP/BUSD tokens you are swapping them for PLANTS. You can not withdraw them anymore as LP tokens.

Rewards explained:

  • A plant is composed out of 2’592’000 SEEDS (=100%)
  • A plant produces 86’400 SEEDS per day (=3.33%)
  • It takes a PLANT 30 days to grow another PLANT (= 30x * 3.33% = 100%)

Tax

Taxes apply only to the following transactions:

  • Pair DRIP/BUSD LP on external DEX: 10% for pairing and un-pairing, no tax for wallet transfers
  • Un-pair DRIP/BUSD LP: no taxes

PancakeSwap is again an exception and you do not pay taxes to add liquidity to the system when using it.

3D Game in the works

There is also a 3D game using the Unity engine in the works. It is currently still in its beta phase (testing phase). I got an error pretty much at the beginning. You can select a character at the beginning to play with. Choose between a pig, dog, cow or horse. Give it a try, it looks fun, but I couldn’t get further then in the screenshot below due to an error. Perhaps you got more luck then I did. It looks cute for sure.

Thanks for your time reading my article. If you like, join my team below. Everybody is more then welcome to join.

Team links

Would you like to be part of the Animal Farm and join me on the journey? Please use my referral link to support my work. Thank you.

https://defi.animalfarm.app/garden/0x766D22F6595F86De27d981f5CBc00119E4B23B63

https://defi.animalfarm.app/piggy-bank/0x766D22F6595F86De27d981f5CBc00119E4B23B63

Wallet address: 0x766D22F6595F86De27d981f5CBc00119E4B23B63

Drip: If you are not yet part of the Drip Network, please feel free to join my team here:

https://drip.community/faucet?buddy=0xb3C253D80578f569cFd4fe2E916EDbF01B384577

Wallet address: 0xb3C253D80578f569cFd4fe2E916EDbF01B384577

Posted in: Defi, News Tagged: AnimalFarm, defi, drip, Drip Garden, money, passive-income
Earn Free Bitcoin

1 BTC = $26190.98 USD  (via Coinbase)
1 ETH = $1586.15 USD  (via Coinbase)
1 LTC = $64.11 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

Bitcoin Insurance Company AnchorWatch Raises $3 Million to Bring Multisig Mainstream

Bitcoinmagazine
Sep 26

Bitcoin Asset Management to Grow to $650 Billion Industry: Alliance Bernstein

Bitcoinmagazine
Sep 26

How-To Guide: Running an Ecash Mint

Bitcoinmagazine
Sep 25

OP_CHECKSEPARATESIG And Actuaries: Fixing Multiparty Channel Factories

Bitcoinmagazine
Sep 25

Dollar Wrecking Ball, Good or Bad for Bitcoin?

Bitcoinmagazine
Sep 25

Cypherpunk Icon Adam Back: Bitcoin Is 'Digital Gold for the Next Millennia'

Bitcoinmagazine
Sep 25

A Most Ridiculous World : The Politicization Of Energy

Bitcoinmagazine
Sep 25

MicroStrategy Buys 5,445 More Bitcoin for $147.3 Million

Bitcoinmagazine
Sep 25

Bitcoin Blockchain Is Fighting Fraud In Guatemala’s Presidential Elections

Bitcoinmagazine
Sep 23

French Restaurant Seeks to Drive Bitcoin Adoption, Accepting Only BTC for High End Menu Item

Bitcoinmagazine
Sep 22

The Subtle Art of Orange Pilling

Bitcoinmagazine
Sep 22

The Evolution of Bitcoin Wallets: From the Early Days to Today's Modern Solutions

Bitcoinmagazine
Sep 21

Ideal Banking

Bitcoinmagazine
Sep 21

Bitcoin's Role in Russia-Ukraine Conflict to Take Center Stage in DC

Bitcoinmagazine
Sep 21

A New Trustless Way to Calculate the Bitcoin Price

Bitcoinmagazine
Sep 21

Spot Bitcoin ETF Would Attract $300 Billion: Hedge Fund Director

Bitcoinmagazine
Sep 21

Nostr.com: Not Selling It To Shitcoiners

Bitcoinmagazine
Sep 21

Prince Philip of Serbia Leads the Way for Bitcoin Nation State Adoption with Jan3 and Aqua Wallet in El Salvador

Bitcoinmagazine
Sep 21

Prince Philip of Serbia Leads the Way for Bitcoin Nation State Adoption

Bitcoinmagazine
Sep 21

UTXOracle: A Decentralized Approach To The Oracle Problem

Bitcoinmagazine
Sep 21

Bitcoin Price Up 20,000% Since First Joe Rogan Mention

Bitcoinmagazine
Sep 21

Readers React To Drivechain Incentive Concerns

Bitcoinmagazine
Sep 20

Bitcoin vs Ethereum: A Culture War Rooted in First Principles

Bitcoinmagazine
Sep 20

Rare Video Surfaces of Bitcoin Pioneer Hal Finney Speech at Crypto Conference

Bitcoinmagazine
Sep 20

Dominick Bei: How Proof of Workforce is Helping Union and Firefighter Pensions Save for Retirement with Bitcoin

Bitcoinmagazine
Sep 20

Helping Union and Firefighter Pensions Save for Retirement with Bitcoin

Bitcoinmagazine
Sep 20

Introducing RFK Jr. to Bitcoin’s Nashian Orientation

Bitcoinmagazine
Sep 20

Bitcoin Ordinals Creator Proposes Overhaul of Inscription Numbering

Bitcoinmagazine
Sep 19

Gentrification And Bitcoin Blockspace: Economic Parallels With Real Estate

Bitcoinmagazine
Sep 19

What Happens After A Bitcoin ETF is Approved? Bitcoin Backstage with Dylan Leclair

Bitcoinmagazine
Sep 19

What Happens After A Spot Bitcoin ETF is Approved?

Bitcoinmagazine
Sep 19

$500 Billion Nomura's Digital Asset Subsidiary Launches Bitcoin Fund for Institutions

Bitcoinmagazine
Sep 19

Over 50% of US Bitcoin Miners to Back New Policy Group

Bitcoinmagazine
Sep 19

BlackRock Bitcoin ETF Will Bring New Money: Arca CIO

Bitcoinmagazine
Sep 19

Spiderchains: A Proof Of Stake Second Layer

Bitcoinmagazine
Sep 18

Coming To Terms With The Economic Reality Of Scaling

Bitcoinmagazine
Sep 18

Ordinals Creator Breaks Seclusion with Rare Public Appearance

Bitcoinmagazine
Sep 18

Bitcoin Marks 8th Year of US Commodity Status

Bitcoinmagazine
Sep 18

Bitcoin Nodes Now One Step Closer to Instant Sync

Bitcoinmagazine
Sep 16

Operation Choke Point 2.0: How U.S. Regulators Fight Bitcoin With Financial Censorship

Bitcoinmagazine
Sep 15

Bloomberg Calls Questioning Of Chainalysis ‘Smear Campaign'

Bitcoinmagazine
Sep 15

Fighting Corruption: Does Bitcoin Fix West Africa?

Bitcoinmagazine
Sep 15

15 Years Ago: Lehman Collapse Foreshadows the Rise of Bitcoin

Bitcoinmagazine
Sep 15

Bitcoin-Only Exchange Swan Pledges to Launch New Trust Company

Bitcoinmagazine
Sep 14

Amboss Launches Innovative New Tool to Boost Adoption of Bitcoin's Lightning Network

Bitcoinmagazine
Sep 14

€1.3 Trillion Deutsche Bank To Offer Bitcoin and Crypto Custody For Institutions

Bitcoinmagazine
Sep 14

12,000%: Bitcoin Price Up Big Since Cathie Wood First Invested

Bitcoinmagazine
Sep 14

OnChainMonkey Sells for $100K in One of the Biggest Bitcoin Ordinal Sales

Bitcoinmagazine
Sep 14

Drivechains Are Stupid, Prove Me Wrong

Bitcoinmagazine
Sep 13

PayPal Partner Paxos Overpaid $510,750 In The Largest USD Bitcoin Transaction Fee Ever

Bitcoinmagazine
Sep 13

Latest Crypto Fear & Greed Index

Tags

adapad aipad airdrop animal farm asic bitcoin bluezilla bscpad celsius coinbase compound defi drip earn ethpad exchange faucet free free bitcoin furio gamezone giveaway gleam IDO igo litecoin metavpad miner mining money movez nft nftlaunch passive-income polypad promotion pulsepad reward souls of meta trading trustpad tutorial velaspad wallet whitelist

Latest Platform Reviews

Celsius
Coinbase
Crypto.com (updated)
OKX

Cloud miner reviews

Hashing24.com
HashFlare.io
Genesis-Mining

Archives

  • May 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • May 2021
  • April 2021
  • November 2017
  • October 2017
  • May 2017
  • December 2016
  • November 2016
  • October 2016
  • August 2016
  • December 2014
  • March 2014
  • November 2013

Disclaimer

This site contains referral links to described websites. Thanks for your support.

None of the sites content is financial advise. Do your own research, please.

Copyright © 2023 digital-coins.net.

Magazine WordPress Theme by themehall.com