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Featured Droperatorz Pool
[ ROXOR ] Roxor Pool
Featured Droperatorz Pool
[ ROXOR ] Roxor Pool

Step by step guide on how to withdraw tokens on DripDropz

  1. Please go to the DripDropz site under the Drip it tab.
  2. Paste your wallet receive/stake address in the search bar and click the Check My Dropz button.
  3. DripDropz will query the blockchain and display all the tokens your wallet is qualified to receive based on the amount of Ada in your wallet and the pool it is staked to.
  4. Please choose the tokens you wish to receive by selecting the checkboxes. You may select up to 10 tokens per withdrawal. After your first withdrawal, you may repeat steps 1-4 to claim the remaining tokens until there are no more tokens to claim. The limitation of withdrawing 10 tokens at a time is a block size limit. As the block size increases, along with the implementation on Hydra, we will be able to pack more tokens into one withdrawal bundle.
  5. Click Claim My Dropz. The app will show the Ada cost to complete the withdrawal along with minUTXO returned to you with the tokens. See below cost breakdown.
  6. This process will repeat every epoch. So be sure to visit DripDropz every 5 days to maximize your token bag.

Cost / Service Fee Breakdown

Every DripDropz transaction includes a small fee per user withdrawal. Withdrawal fees are the only revenue DripDropz receives and are required for sustaining DripDropz operations. Here is a breakdown of how the fees are applied:

Withdrawing Single Token

  • • You will be asked to send a payment of 3 ₳DA
  • • Approximately 1.3 ₳DA will be returned to you (to cover the minUTXO)
  • • The remaining 1.7 ₳DA will be used to pay the Cardano transaction fee + Phyrhose processing fee + DripDropz service fee
Withdrawing Multiple (e.g. 10) Tokens

  • • You will be asked to send a payment of 5 ₳DA
  • • Approximately 3.1 ₳DA will be returned to you (to cover the minUTXO)
  • • The remaining 1.9 ₳DA will be used to pay the Cardano transaction fee + Phyrhose processing fee + DripDropz service fee

Please note; the above are nominal examples — we cannot give an exact figures because the Ada needed for minUTXO varies depending on the token name length, and we try to bundle withdrawals together to save on cardano transaction fees, so every withdrawal cost/fees will always be dynamic.

Using your referral link

DripDropz uses a referral system to invite friends onto the platform, where you and the referred user both earn 1,000 $DRIP tokens.

  1. You must create an account on DripDropz to use the referral system.
  2. Start by clicking on the "Register" button at the bottom of the navigation menu.
  3. The DripDropz registration page will pop up requesting your name, email, and to set a password. You will then need to verify your email and confirm your account.
  4. Once the account is created, check your email inbox (or spam) folder for the activation link - click it to activate your account and log in.
  5. You will now be able to access the referral page.
  6. On the referral page of DripDropz, you will need to input your referral payout address. This address will receive 1,000 $DRIP tokens for each referral that performs their first withdrawal on the platform.
  7. If you refer another new user that comes to the platform and performs a withdrawal, then next token claim on the DripDropz platform, you will see the referral bonus added to both wallets of the referrer and the new user that received the referral code.

To learn more, reach out to us via our social media presence