Drip Network: The End of the Faucet and the Rise of Deflationary DRIP

Drip Network was a decentralized finance (DeFi) project that lets you earn 1% daily returns on your investment for up to 365% of your principal. You need to deposit DRIP tokens, the native token of Drip Network, into the faucet to start earning rewards. But what if I told you that the faucet has ended and No More DRIP tokens will be minted?

That’s right, Drip Network has just pushed a major update that will make DRIP move towards an inevitable path of deflation. In this blog post, we will explain what this update means and how it will benefit you as an investor.

The platform has recently launched a major update that changes its economic model from Inflationary to Deflationary, meaning that the supply of DRIP tokens will decrease over time. This is done by limiting the withdrawal and compound options for investors who have already earned a high return on investment (ROI) from DRIP. The update also introduces a new product called **liquidity locker**, which will burn 90% of all DRIP taxes and lock the remaining 10% in a liquidity pool on PancakeSwap. This will create a constant demand for DRIP…