The Drip Fork Revolution – Splassive and Cashcow
Drip Network has shown many that it is possible to have a payout of 1% daily reward and it has been around for a year. It has also recently indicated a high possibility to have a partnership with pancakeswap.
I must admit that I did not get into drip so many of us have already missed the train even when its tokens drop below the price of $50 couple of days ago, it is still quite high for small investors like myself.
The Drip Fork On Avax Network – Splassive
I invested in Splash tokens from Splassive after watching a crypto youtuber mentioned about its potential. I actually threw in less than two hundred dollars then.
The value of my investment actually tripled. I bought Splash tokens around $11 and it is currently around $36.
Most investors see huge potential in Splassive but I must admit that the risk is high as what we staked, can never be unstaked as it goes into its contract.
By putting our tokens into the contract, we will get 2% daily payout. I would probably take less than 10 days to get back my initial investment without compounding since the value of token has gone up.
The value of each token really depends on the perception of investors. At this current moment if you simply go into youtube, you can easily see many crypto youtubers speculating that splash token has high potential of going much higher. Many felt that it can go above $50 and some even think around $100.
Investing in new projects is like a gamble and a bet so we can reap many times of our investment but we can also lose everything.
I had recently lose money in node project that did a rugpull. My money is gone but I guess there would be other opportunities to cover my losses.
If you are interested to take a bet and make a small investment like me, you can use the below simple guide.
Visit Splassive Website.
Get some Splash tokens from ‘The Well’ which is the internal exchange of the Splassive platform.
Next head to ‘**The Tap**’ which is the staking pool.
Before staking, you need a Wave Starter Address(Like the Buddy Address of Drip).
You can use my Wave Starter Address below.
0xE67ac4D724093FEa5882A5167aA79cEE57aa747b
After you have updated the **Wave Starter Address**, you can **approve the amount of tokens that you are going to stake. The last thing to do is the deposit** your tokens and start earning **2% daily income**. (Do note that there is a 10% deposit tax)
Remember to make the right decision on your own as it is your money so you should not be influenced by others.
Whether you want to invest more or a little to reap a possible high reward, it is totally your own decision so do not be lured by others about how much reward you can get.
The Drip Fork On BSC Network – Cashcow
Cashcow has only been around for less than 3 days. It has a great pump on its first day and it has a great dump on the second day.
The buyers from the presale had dumped their tokens to get a nice quick profit. The price went all the way down to around $1.45.
I did not actually plan to top up my investment but I ended up doing so with additional of around 4 BNB that were invested at different points when the price was heading downward.
It was indeed a great risk as I may lose all if the price does not climb back.
It managed to clear its audit with Audit Rate Tech recently while the dumping was still going on. Maybe this has helped it in certain way.
https://auditrate.tech/images/pdf/CASH_0xA947046884fDDC230458448ef9C4A7cBc4703d50.pdf
After the dumping, the price has steadily climbed back with a current price of $5.10 at the point of my post.
Many crypto youtubers have started to support Cashcow. The perception is there is a chance for this token to have a pump of at least 10 times of its current value.
Those who are interested to take a bet and be an early adopter, below are some simple steps.
Step 1: Proceed to its website
You can head to the Cashcow website to purchase its token first.
It does not have a internal Dex so you need to buy it from poocoin or pancake swap.
From the screenshot below, you can see that you can click on Buy $Cash option to get directed for the purchase.
You need to set your Slippage to 10% for the buy tax. (Set higher if it does not work due to price changes)
Step 2 : Insert Referral Address
After getting your tokens, you need to enter a referrer wallet address first before you are allowed to deposit your token.
Appreciate if you use my wallet address since you get to know about this project through my article.
0xE67ac4D724093FEa5882A5167aA79cEE57aa747b
Step 3 : Approve and Deposit
Enter the amount of $Cash tokens to deposit and Click on the ‘Approve’ button and follow by ‘Deposit’ button.
If you do face deposit issue, you may want to deposit your token without decimals as I had an issue with transaction failure when I tried to deposit with decimal.
If you still face with issue, maybe you can drop by the telegram to ask the team.
Once you have completed the above steps, you can start to earn 1% daily reward.
Do note that all buying and selling would have 10% tax applied to sustain the protocol.
There is no tax if you choose to compound.
The total supply of token is locked at 1 000 000 and it cannot be increased. With a limited supply, the team hopes to boost the value of $Cash.
We should not invest with money that we cannot afford to lose especially with high risk investments but the high risk provides high reward.
Disclaimer: This is my personal reflection and I am not in any position to instruct anyone what they should do. I am not responsible for any action taken as a result of this post. My post can only be a reference for your further research and growth.