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DripX
  • Dripx Info
    • 🐉DRIPX Fundamentals
    • 💧What about DRIP?
    • ⛏️Virtual Mining
    • 💰Mining BNB Distribution
    • 💞Daily Evolution Model
    • 🤝BNB Payouts to DRIPX Stakers
    • 🐍Vyper
    • 🔥Buy & Burn
    • 🤑Ways to Earn
    • 🔗Official Links 🔗
    • 🖼️Logos
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  • Mining:
  • BNB Distribution Breakdown:
  1. Dripx Info

Mining BNB Distribution

We'll break down the distribution of BNB within the DRIPX ecosystem to show how it supports the growth and sustainability of this decentralized digital asset.

Mining:

DRIPX is mined by combining BNB and time. This guide breaks down the BNB distribution strategy, crucial for the success of the DRIPX ecosystem.

BNB Distribution Breakdown:

Let's see how the distributed BNB is divided into three parts, each serving a specific role in the DRIPX ecosystem.

a. 67% for DRIPX Purchase and Burning:

The largest chunk, 67%, goes to a smart contract that buys DRIPX from the market using WDRIP on Pancakeswap v3. All bought DRIPX is burned, making DRIPX scarcer over time.

b. 28% for Payout Cycles:

28% is for payout cycles, rewarding users based on the number of shares they have. Users get BNB as a reward, encouraging participation and community engagement.

c. 5% for Genesis:

The remaining 5% goes to the Genesis Fund. Users should not have specific expectations for this fund. It may or may not be used for future development or community-building activities, providing flexibility for future improvements.

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Last updated 1 year ago

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