💰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.

Last updated