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Tickets
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Introduction
DripDropDraw tickets offer an outstanding opportunity to win DRIP prizes worth thousands of dollars, allowing to boost Drip Faucet deposits and generate an extraordinary daily passive income stream.
Drip Drop Draw tickets can be purchased with;
- BUSD
- BNB
- DRIP
these tickets grant access to the incredible gameplay options available.
The price of 1 Ticket is pegged to the equivalent entry value of 1 USD.
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Slippage
Applying the one ticket to 1 USD ratio may seem straightforward, but it becomes complex when purchasing tickets using BUSD or BNB due to the Drip price dynamic.
To address this, a slippage system has been introduced to ensure that participants receive exactly the number of tickets requested during purchase. This system adjusts for the difference between the expected and actual prices at the time of order execution. If the price variation exceeds the set slippage percentage, the order will not be completed, thereby guaranteeing the accuracy of the number of tickets assigned.
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Drip TWAP
To prevent Drip price manipulation and establish a weighted average purchase ratio over time for calculating the DRIP-PEG to 1 USD/TICKET, the developers have implemented a special feature called Drip TWAP.
TWAP stands for “Time Weighted Average Price.”
It’s a pricing algorithm used to calculate the average price of an asset over a set period.
This method is widely used in Decentralized Finance, and is a reliable average price that can exclude short-term price manipulation.
The TWAP is constructed by reading the cumulative price at the beginning and at the end of the desired interval. The difference in this cumulative price can then be divided by the interval length to create a TWAP for that period.
Thanks to this security measure, it is impossible to exploit the system to acquire more tickets, as any price manipulation attempt would be ineffective due to the average purchase ratio over time calculation to determine the DRIP-PEG to 1 USD/TICKET worth price.
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Entry Options & Multipliers
Drip Drop Draw has two options, each with its unique mechanic: Deposit to play and increase deposits in Drip Faucet, or Sacrifice for tickets worth up to 275% (combining multipliers) of the entry's value.
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The 10% Multiplier
To incentivize the use of fresh capital, 10% more bonus tickets are awarded to those who enter with BUSD or BNB.
This added value immediately benefits the participants and generates significant buying pressure on the DRIP token.
*The minimum threshold for applying the 10% multiplier is 10 tickets.
The player's entry value is raised by 10% using BNB/BUSD to purchase tickets, resulting in an increased value used to calculate the number of allocated tickets.
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Deposit Entry
The Deposit Entry allows players to purchase tickets and deposit 75% of the entry value, net after the initial 10% Drip tax and 1% marketing fee, directly into their Drip Faucet!
By purchasing tickets using BNB or BUSD through the Deposit option, users can take advantage of the 10% multiplier bonus.
This means that players can participate in the current Drip Drop Draw round, allowing them to win incredible prizes and increase their deposit in the Drip Faucet at the same time!
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Sacrifice Entry
The Sacrifice Entry allows to purchase tickets and send 75% of the entry value, net after the initial 10% Drip tax and 1% marketing fee, directly into the Drip Tax Vault.
In exchange for this contribution, players will receive a 250% Bonus Multiplier in Tickets compared to the Deposit option, increasing their chances of being drawn as a Winner!
The 250% sacrifice multiplier can be combined with the 10% bonus multiplier if players enter with BUSD or BNB.
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Drip Drop Draw's Earnings Flow
The most innovative aspect of Drip Drop Draw is that, whether for the Deposit option, choose the Sacrifice option, or consider the initial taxation or prizes distributed to winners, 99% of all funds flow into the Drip Tax vault!
The earnings generated by Deposit or Sacrifice entries are broken down as follows:
DEPOSIT ENTRY
- 25% goes to Drip Drop Draw Vault
- 75% is deposited in the player's Drip Faucet.
SACRIFICE ENTRY
- 25% goes to Drip Drop Draw Vault
- 75% is sent directly to the Drip Tax Vault
These figures are after the 10% Standard Drip tax has been charged and the 1% marketing fee has been applied. Drip Tax is only charged once at entry and all other movements of Drip are Whitelisted.
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Gift Tickets
The Gift Ticket system in Drip Drop Draw is a unique feature that opens up strategies and scenarios, allowing users to purchase tickets and give them as gifts to any specified wallet address.
Tickets can be purchased and assigned using both entry options.
In addition to tickets assignment, the Deposit option allows a deposit to be made on behalf of another account.
To be eligible, the receiver address must have an Upline set up.
Learn more in the OnBoarding section.
Community members, YouTubers, or influencers can use the ticket gift system as a promotional tool, assign tickets during special events, or as rewards in competitions.
Tickets received or given as a gift, are considered on par with those purchased and are fully valid for the Referral system.
Users can design personalized investment strategies, including creating new personal Drip Faucet accounts.
Did you know?
For instance, tickets purchased with DRIP from a maxed-out wallet can be assigned to another wallet through the deposit option. This allows users to participate in Drip Drop Draw without selling or transferring their DRIP tokens, while simultaneously creating a new account on Drip Faucet! In this way, the system prevents any form of sell pressure.
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How many tickets?
Let's look at some purchase scenarios to see how powerful ticket allocation multipliers can be, based on the following assumptions;
1 ticket is pegged to 1 USD value.
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Drip Entry
Let's consider the case where we want to purchase Drip Drop Draw's tickets using DRIP.
106 DRIP > value is 53,00 USD > = 53 TICKETS
107 DRIP > value is 53,00 USD > 250% BONUS applied to 53,00 > 132,50 USD value > rounded down to 132,00 USD value = 132 TICKETS
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BNB Entry
Let's consider the case where we want to purchase Drip Drop Draw's tickets using BNB.
0.4433 BNB > value is 133,00 USD > 10% BONUS applied to 133,00 is 146,30 USD value > rounded down to 146,00 value = 146 TICKETS
0.4433 BNB > value is 133,00 USD > 250% BONUS applied to 133,00 is 332,50 USD value > rounded down to 332,00 > 10% BONUS applied to 332,00 is 365,20 USD value > rounded down to 365,00 USD value = 365 TICKETS
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BUSD Entry
Let's consider the case where we want to purchase Drip Drop Draw's tickets using BUSD.
115 BUSD > 10% BONUS applied to 115,00 USD value is 126,50 > rounded down to 126,00 USD value = 126 TICKETS
115 BUSD > 250% BONUS applied to 115,00 is 287,50 USD value > rounded down to 287,00 > 10% BONUS applied to 287,00 is 315,70 USD value > rounded down to 315,00 value = 315 TICKETS
For the sake of simplicity, we can use this comparative table
This demonstrates the power of the BNB/BUSD MULTIPLIERS in combination with the SACRIFICE OPTION, which can reduce the cost of a single ticket by up to 63%!