Splassive is finally back. Splassive is one of the first fork of Drip on AVAX chain.
The previous contract was stopped due to an exploit that resulted in a huge dump in price.
The team has been keeping investors updated on the status of the new contract that is supposed to have removed the loophole in the previous contract.
Each Splash token is currently at $7.955. It has even pumped above $12 and it is still getting good support from its investors.
Those who deposit splash token into the tap can earn 2% daily reward.
Many of the investors are also predicting a coming pump when the new initiative of Splashpads is launched.
I must admit that there is still potential for growth for Splassive but it is definitely an extremely high-risk investment.
If you are interested to take a bet on Splassive after its relaunched, you can use the below simple guide that is based on its previous website.
Setup your metamask for AVAX network
Visit https://chainlist.org/ and connect your wallet to Avalanche C-Chain to add Avalanche C-Chain into your metamask.
Do note that you need to send AVAX token to your metamask for gas.
Visit Splassive Website.
Get some Splash tokens from ‘The Well’ which is the internal exchange of the Splassive platform.
Next head to ‘The Tap’ which is the staking pool.
Before staking, you need a Wave Starter Address(Like the Buddy Address of Drip).
You can use my Wave Starter Address below.
0xE67ac4D724093FEa5882A5167aA79cEE57aa747b
After you have updated the Wave Starter Address, you can approve the amount of tokens that you are going to stake. The last thing to do is the deposit your tokens and start earning 2% daily income. (Do note that there is a 10% deposit tax)
Do remember that it is a high-risk investment.
Thanks for taking time to read my article.
Disclaimer: This is my personal reflection and I am not in any position to instruct anyone what they should do. I am not responsible for any action taken as a result of this post. My post can only be a reference for your further research and growth.