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Drip Garden
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Introduction
DRIP GARDEN is where depositors stake DRIP/BUSD LP to earn compound interest, of 3.33% daily.
By staking DRIP/BUSD LP, you can buy PLANTS, which produce SEEDS, which allow you to earn compound interest of 3.33% daily.
Only Plants have a value in-game; BUSD hasn't. Plants have a fixed exchange rate for their in-game counterpart, the Seeds. These have a value fixed at 1 / 2592000 of a Plant.
Produced Seeds by each Plant can be sold for DRIP/BUSD LP.
Interest for users is based on their individual compound rate.
Consequently, every 30 days, a Plant produces enough Seeds that compounded creates a new Plant.
86.400 Seeds * 30days = 2.592.000 Seeds = 1 PLANT
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*Once DRIP/BUSD LP is deposited, they are permanently added to the contract pool and cannot be withdrawn.
**the contract allows DRIP/BUSD liquidity to be added to PancakeSwap without paying the 10% transaction tax ADD LIQUIDITY DRIP/BUSD LP .
**there will be an addtional 10% taxes if you sell the DRIP token.
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Know your UI
Before proceeding, let's learn how to get confidence with the user interface.
- Plants Grown= plants that currently compose your Garden.
- Seeds Available= seeds currently have been produced by your grown Plants.
- Seeds Available Value= the $/LP value of the seeds currently available.
- Seeds Per Day= seeds produced daily by your Garden
- Ready to sow= plants that can be planted based on the available seeds
- Total LP Locked= the amount of the lp tokens currently locked in the Drip Garden pool.
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How to add Liquidity to DRIP/BUSD LP
We have created a contract called DRIP LIBERATION that allows adding liquidity to the DRIP/BUSD LP starting from the most common tokens without paying the 10% transaction tax on the DRIP part
- Go to DRIP LIBERATION
You will be temporarily redirected to the old Animal Farm site, soon the feature will be implemented.
- Connect your wallet using the button in the upper right corner.
- Select the token you want to use to create the pair, which will be swapped entirely and splitted into 50% DRIP e 50% BUSD.
- If you are creating the DRIP/BUSD LP pair for the first time, you will need to approve the token via your crypto wallet. Click on "APPROVE BNB/BUSD/CAKE ETC" to confirm the transaction.
- Hit SUPPLY, a window will open informing you of the estimated DRIP/BUSD LP you will receive, finally press CONFIRM SUPPLY and confirm the transaction in your crypto-wallet.
Still don't see your DRIP/BUSD LP in your token list?
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How to buy Plants
In this section, we learn how to make a stake in the Drip Garden.
It is possible to create a stake by purchasing PLANTS, the game currency, with the DRIP/BUSD LP token.
Go to: defi.animalfarm.app/garden
Connect your wallet via AnimalFarm.
To perform the DRIP GARDEN stake, we will use the UI called "Buy Plants with LP Tokens".
- If you are depositing the DRIP/BUSD LP for the first time, you will need to approve it. Click APPROVE, pay the gas fees, and approve the transaction in your crypto-wallet.
- Once approved, a small notification window will appear.
- Enter the DRIP/BUSD LP amount you want to stake.
- Hit "Buy Plants" and then "Acknowledge" to confirm it, pay the gas fees, and authorize the transaction in your crypto-wallet.
- Once approved, a small notification window will appear.
The estimated gas fee is deliberately set high at 0.0125 BNB to avoid transactions failing in times of congestion, but this is not what you will be charged at confirmation.
Depositing new plants in a second stage to grow your garden is always possible.
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How to compound
Compound allows you to grow your Garden and produce exponentially more seeds.
Go to: defi.animalfarm.app/garden
Connect your wallet via AnimalFarm.
To perform the compound, we will use the UI called "My Garden".
- Hit the "Plant seeds" button.
- Press "Acknowledge" to confirm, pay the gas fees, and authorize the transaction in your crypto-wallet.
- Once approved, a small notification window will appear.
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How to claim Rewards
In this section, we learn how to claim the Drip Garden rewards.
It is possible to sell seeds, the game currency, automatically converted into DRIP/BUSD LP tokens.
Go to: defi.animalfarm.app/garden
Connect your wallet via AnimalFarm.
To perform the sale, we will use the UI called "My Garden".
- Hit the "Sell Seeds" button, pay the gas fees, and authorize the transaction in your crypto-wallet.
- Once approved, a small notification window will appear.
Still don't see your DRIP/BUSD LP in the token list?
There is no MAX PAYOUT in the Drip Garden.
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How to unpair DRIP/BUSD LP
It is possible to unpair all LPs through PancakeSwap's "Remove Liquidity" tool.
Navigate to pancakeswap.finance/liquidity and connect your wallet.
Click on the pair you want to remove liquidity from under "Your Liquidity".
- If the pair you own is not displayed click "Find other LP tokens"
Enter BUSD in the first box.
Click on SELECT A TOKEN
- Enter the DRIP address and confirm.
0x20f663cea80face82acdfa3aae6862d246ce0333
- A window will open informing you of the estimated DRIP/BUSD LP value, next press REMOVE.
- Choose the percentage you want to remove, set the correct slippage and click REMOVE, validating the transaction.
To avoid any unexpected issues, ensure both boxes remain ticked.
- Now tokens are separately present in your wallet.
Still don't see your DRIP in the token list?
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How to use referral system
The Drip Garden offers a static 5% commission.
Once your wallet is connected to the Drip Garden UI, you will notice that your referral address can be copied by hitting the apposite button.
When a user buys Plants, after clicking your personal referral link, the contract will send to your Drip Garden UI seeds equal to 5% of their purchase.
In addition, every time a referred user compounds Plants the contract will send seeds equal to 5% of their compound instantly to your garden.
You can then plant the seeds you earned from the referral bonus to grow a larger garden or sell them for DRIP/BUSD LP.
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Charts
Want more information? See the data/charts section!