$drip Tokenomics

$drip Tokenomics

There is a maximum supply of 45 billion $drip tokens. 100% of the $drip tokens are allocated for the users of the Drip Dropz platform, distributed through the Drip Dropz platform. The $drip token is a utility token only and will be for future use on the Drip Dropz platform.

$drip tokens will be distributed flat rate. Each delegate will receive flat rate 1000 $drip tokens, one withdrawal per an epoch. $drip tokens will not roll over when the Hydra back payment feature is implemented.

The delegate must have at minimum 8 Ada staked to any stake pool in order to receive $drip tokens; the maximum amount of Ada in a users wallet is not applicable.

Wallet splitting can occur and is encouraged to a degree. At Drip Dropz we understand wallet splitting will occur in order for delegates to acquire the most $drip tokens and maximize token rewards. We feel through the process of creating a new wallet, storing private keys, and maintaining that many wallets itself would be enough of a mitigation process to eliminate what we would consider abusive behavior within the system. If you do insist on splitting wallets and paying multiple transaction fees, please remember to spread your delegation to community pools.