Get paid for doing a DCA/SIP —Bitdroplet dApp

BNSD finance
BNSD finance
Published in
3 min readJun 1, 2021

At BitBns, we work on constantly innovating for our users. Last year we saw a growing trend towards decentralised finance and we decided to do things so that our users can participate in that revolution.

With bns.finance we took users to the world of decentralised finance with yield farming, then we released launchonascent.com to bring real-world startups into crypto and then Bitdroplet dApp which is a decentralised SIP platform where you can do SIP in any token available on Binance Smart Chain.

More on bitdroplet dapp here:

https://www.youtube.com/watch?v=m8_omN_v_L4&feature=youtu.be

Bitdroplet dApp enables anyone to do DCA/SIP into any token (Over 1000 tokens supported). We already see users have done SIPs in 100s of different tokens.

SIP is the best way to take exposure into any crypto asset. Check the video below to understand more

https://youtu.be/fFb3Z_HPLPM

We are taking things a few notches further. What if instead of paying fees for doing SIP you got paid to do SIP. Sounds unbelievable right.

Yes, now you are going to get paid for doing SIP.

SIP reward will go live at Block 7920000 and will continue till Block 8787000. You can check the block height on bscscan.

So the rewards would start tentatively on June 1 2021 and continue for a month. The rewards of close to 40 lac worth are going to be given to users who do SIP investment. Every day 50,000 BNSD tokens are going to people as reward.

You can start your SIP now by going to bitdroplet.com/dapp and selecting a pair. Currently rewards are on BTC/USDT (1x), ETH/USDT(1x), BNB/USDT (1x), BNS/USDT(10x) and BNSD/USDT(10x). The figures mentioned 1x or 10x showcase how many proportionate tokens you would get.

This is the flow on how you can start and do SIP and get rewarded

For example, assume every block has 46 BNSD tokens as a reward and there are 5 SIPs active by 1 person in the above pairs mentioned and only 1 person is doing SIP then the reward for every SIP pair would be as follows

BTC/USDT 2 BNSD tokens
ETH/USDT 2 BNSD tokens
BNB/USDT 2 BNSD tokens
BNS/USDT 20 BNSD tokens
BNSD/USDT 20 BNSD tokens

Similarly, if there are more people in the pool then the amount of BNSD per SIP pair would get adjusted based on

The best part not just BNSD you can get even other tokens as a reward in the pair you are doing SIP investment. We are working to onboard more tokens.

So tomorrow you might get rewards in a dogecoin, Polygon (Matic) or chromia token.

Tag on our Twitter handle that which token communities would you love to invite to bitdroplet dapp to start the rewards.

Bitdroplet dapp with rewards changes the way SIPs are done and can essentially onboard a billion users globally who want to take exposure.

DCAs are huge globally and bitdroplet dapp revolutionizes how DCAs can be done with rewards on top of it. You are getting paid for accumulating your favourite token and that payment can even be in that own token.

Token communities benefit massively from this as they get a constant stream of buying flow from users who are long-term believers and then do not see a sudden price dump. We expect to collaborate with major tokens to add rewards in those tokens on bitdroplet dapp.

And remember the fees from bitdroplet dapp would be boosting the BNSD ecosystem.

Have more questions?
Join BNSD Finance Community

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