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The Painful Truths Drip, Furio, and Other Degen dApps Are Teaching Me
As the bear market persists, I’m feeling pain firsthand as my daily payouts whither toward zero. Trigger alert: this may leave you feeling depressed. Hopium alert: My follow-up piece will be much brighter!
My most successful crypto investment has been in the Drip Network. I have written several articles about Drip, and I’m happy that many people who used my referral code also made nice returns from Drip. I was at the right place at the right time and seized the opportunity. Unfortunately, I understand this is only the case for some. If you are in the disappointed crowd, I urge you to read this entire piece!
Recently, I got to experience the hopeless feeling of investing in a daily ROI project and getting shafted with Furio. I wrote about my frustration here: Furio Development Team Opts For Death By 1000 Papercuts. It’s too bad Furio’s collapse coincides with Drip running on fumes.
I’m not writing this piece to FUD daily ROI projects, miners, or yield funds. I would be ecstatic if Drip, Furio, Piston, fill-in-the-blank yield fund, or miner bounced back. However, having these Degen dApps bounce back seems less likely every day in a bear market.
