1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

mannyrs13

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I'm getting overwhelmed by these plays. :russ: They keep popping up in my research or just random browsing. I go check on youtube and see this video with drip on the title so i get intrigued. Some girl, channel called FireHustle. She comparing Drip, Bloomify, and something called Furio that I never heard of. So I'm like let me dig in.




So I go on their site to read a bit more about them.


It's similar to drip but with tiered rewards. Meaning the more compounds on a 28 day period the higher the percentage. Cap is 100k coins.

0jggUk2.png


  • Positive participants over a rolling 28 days will be guaranteed a minimum of 2% rewards.
  • Positive participants with over 20 rolling compounds in a 28 day rolling period will increase to 2.25% rewards.
  • Positive participants with 28 rolling compounds will increase to 2.5% rewards.
  • Keep playing at those levels to maintain your rewards.
  • Negative participants will be penalised and once you drop to the lower level you CANNOT come back up. Beware the system penalises bad participants, you have to have been a bad player for a period of time before you are penalised, you will then stay in the project at the lower levels.
  • A straight 7 day claim takes you straight to 0.5% and overrides the 28 day rolling rule.
  • Neutral participants be cautious and don’t slip.
28 out of 28 days compound gets me 2.5%. That sounds like a good deal to me for a low investment and plenty of long term patience on my hands. Why would I waste the effort with claiming small gains here and there and drop to 1% when I can earn 2.5% and stack up over a year or so instead? Makes no sense to me. I like that they don't let people dump coins daily and then go back up to the higher levels.

I also like this where they don't punish you if you miss a day or so here and there:

What happens if I am unable to compound for a few days, will I get punished?
No. Lets say you usually compounded 5 days a week and claimed 2 days a week, earning 2.25% a day in rewards, but then for 1 week were unable to compound for those 5 days but still claimed 2, you would remain at 2.25%.
The daily % rate is geared by the amount you claim in a 28 day period.
Obviously it makes sense to try and make sure you compound the none claiming days as this will grow your vault balance a lot quicker!


The girl in the video posted a calculator and showed some numbers, I ran one myself also. Big difference between the three protocols after 30 weeks.

oJE4VZH.png



30 weeks is mid March. Going back in time, 30 weeks back was mid January and look at how quickly time has flown by since then. It's more than double the drip reward so catching up to my drip stack should be quick, if things go well.

Looks like they got some NFT reward for max payout members. Something interesting to shoot for.

Participants who reach max payout will receive a Furio Platinum NFT. This will have fantastic features and benefits going forward. Details to be announced soon.


What is the Max Payout?
The max any wallet can achieve is 100,000 $FUR in your portion of the Furvault. Once your wallet reaches the point where you can no longer compound you will be paid the daily % rewards that you were being payed at that time.
So if you were on 2.25% daily rewards when reaching that point you will stay fixed at this rate until your contract ends.

Can I withdraw my funds from Furvault?
Once you have deposited into Furvault your $FUR tokens are burnt and you are shown your locked deposit amount. You can then only withdraw or compound your daily 2% rewards.


So just like Drip and all these other similar protocols, initial investment is burnt.

1Ri8ly8u



Price looks to have been taken a hit after a big run up, so I'll be looking at that $5.50 mark around previous resistance to see if it dips down to that level, if not try and DCA some in. I'm hoping downward trend continues and by the end of the month, I can accumulate more bnb and get in at a low entry. I do have my USDC I was planning to use for Link, to get back in but these ROI dapps seem like a quicker and better investment. Plus I already used a bit of that money to buy these Nickelodeon NFTs and get in SBP new drip team wallet so it's not like I'll get the same number of Link coins.

Plus I see their chart looks similar to Drip where it had a big run up and then went down and eventually will stabilize or bounce back up.

jUBFjd0R



Of course Drip is way older. And similar to this pic we all likely have seen around.

Psychology-of-Market-Cycles.jpg


Around the anger and depression stages before the next run up.


They also have a whale tax and anti dump mechanics. No buy tax, 5% compound, 10% everything else, plus airdrops since it's team based. They recently partnered with some horde lms thing. Don't really know much about them.




Actually looks like a liquidity management service. I think bloomify has a partnership with horde also.




They look to be having a sports bet and casino feature as well. Plus LPs as well.




Their LP system seems intriguing but I'm only interested in the staking mechanism and earning that 2.5% to build my stack up quicker. Gotta research a good team. Adding this to my list of Ooze and Cairo and seeing when I can get in to each one. My goal is to eventually hit 1k a day in passive income with all these ROI protocols. I can get there with Drip if it maintains current price, but adding these other protocols would help me get there faster. Gotta figure out a strategy with all of them eventually. But I feel optimistic about the rest of the year and my goal.
 

DapMeUp!

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I've seen all of these plays before but I was already involved in too many at the time so I opted out.

Furio looks interesting to me at the moment though and at that price :ehh:Might get in
 

mannyrs13

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hGgRTWt.png



Found this quite interesting on the monthly new drip faucet accounts chart. As the price was shooting up, more people were getting in, and now that it was dropping and stabilizing, not as much people are interested. Especially since opening an account now gets you more coins than at the ATH. The hydration/compounding rate has also been steadily going up. Better to start low and build than to start high and have to climb your way back up.
 

mannyrs13

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Just got into Cairo. Gonna see how it goes. Had claimed some Drip and swapped it for BNB and was gonna cash out but figure I might as well use it and I can always hydrate drip a few more days and then claim some over the weekend. Get wed, thur, fri, compounding and should be able to get back that same amount by monday if not sooner. can't remember when i last hydrated before building up the stack i just claimed but it could've been sunday sometime so not long. so I swapped .56 bnb for cairo, which is at 1.76. I feel like thats good enough for me to test the waters. I put in for 100, pancakeswap gave me 90 and then the protocol took a cut too and I ended up with 81 coins. So I definitely got hit hard with the taxes but over time that won't matter. BNB around 316 or so. .56 of it is 176.96 but not sure if that changed these past 5 minutes or so, so I'll just say a flat 180, I'll round up in account of any gas fees on both swaps and to better adjust the numbers. So $180 is my starting point. I joined a team so hopefully I get some airdrops as well. But I'm starting now with 81 coins. 142.56 which is less than 180 but I'm counting from the $180. Lets see how it goes and hopefully I'll be able to provide updates and keep building my stack.

Also threw in 50 more usdc.e into bloomify cuz the team I'm on was having a contest to win 500 usdc. Even if I don't win, that's still money that'll be working for me on there. They have the weekly airdrop tomorrow or later tonight, so hopefully I get some and keep going.

Still waiting on ooze and furio to dip down a bit more. Hopefully next week or two. Gotta stack more bnb first tho.
 

JJ Lions

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Oh, I have a ton of this on Coinbase

From Binance.US just now
Earn 15% APY when you stake Polkadot (DOT)

Just transferred my Avax to stake over there the other day, now to transfer DOT
 

JJ Lions

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Canada (certain areas) restricting some crypto purchases. BTC, ETH, Bitcoin Cash, Litecoin, unrestricted, others restricted to 30k a year. I guess that's total of all the other crypto, not just 1. Have to read more.

 
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