Drip + Pig Pen

How can my Drip Faucet and my Pig in Animal Farm work together…

So I’ve read a lot of different strategies about how to make money with Animal Farm. I’ve also seen a lot of different articles about the DRIP Network.

In this article, I’ll share with you my plan on how I’m going to work them together and grow them together. (As long as the DRIP price doesn’t go too low…and the gas fees aren’t too high…)

Just a heads up before we begin. I’m not an expert. I can’t predict the future DRIP price or Pig Pen earnings. I am confident about the future of the DRIP Network and the Pig Pen, based on all the different articles I’ve read and the overall confidence from the users of these platforms. I think that the DRIP price will continue to go down but I don’t think that it will go all the way to $0.00. I also think that the DRIP price will start going up sometime next year. Now may be a good time to buy, while the price is low…

I’m looking at the DRIP Network and the Pig Pen as long term investments, rather than short term ROI projects. This mindset will be a lot different than my other projects.

I will delay ROI and concentrate on longevity…time will tell if this is a good move or not.

This will be an update to my latest strategy concerning DRIP and the Pig Pen.

(NONE OF WHAT I WRITE IN MY ARTICLES IS TO BE TAKEN AS INVESTMENT ADVICE. I am not an advisor for this, nor am I suggesting any financial action on your part. DYOR)

My Current strategy with DRIP

I’m currently growing my DRIP balance, by compounding 2x week and depositing more $25 DRIP every 2 weeks. I wrote about this in most recent article.

As the DRIP price goes down, the amount of DRIP I buy every time goes up. This is sort of like using Dollar Cost Averaging when buying DRIP.

Thus, my deposit balance and max payout will continue to go up as well.

Current Strategy in the Pig Pen

As you know, I have a Pig in the Pig Pen, and am compounding/ withdrawing from it monthly.

I’m doing this because the gas fees to withdraw are very expensive, compared to the BUSD that is withdrawn when compounding. My last withdraw/compound was on 12/1/22. I got 6 BUSD and 0.02 AFP (around $8 at that time) compounded.

I plan on adding another Pig into the mix for my next step.

Putting the 2 of them together…

What happens when you add DRIP to a Pig?

So since the Pig Pen and the DRIP network are by the same developers then I have them connected to the same wallet. (This is an exception to my normal rule of 1 project per wallet — which I’ll write about at a later date.)

This means that the gas fees and my funding for these two projects are coming from the same wallet as well.

I need to make sure that I have plenty of BNB for gas in this wallet. So any BUSD I get from the Pig Pen will be swapped into BNB, if needed. Any DRIP that I get from the DRIP Faucet will also be swapped into BNB, if needed.

I’ll also use PancakeSwap to switch between DRIP and AFP, as needed.

So it’ll go something like this:

1. Buy another Pig and stake in the Pig Pen. The extra Pig will generate more AFP and BUSD than before, which will be withdrawn/compounded at least once per month. (I may compound more often depending on how much BUSD has been earned.)This should help kick start this new plan, so it’ll be the first step.
2. Buy $25 more DRIP. twice per month, and stake in the DRIP faucet.
3. Compound my DRIP earnings 2x week (every Sunday and Monday).
4. Let DRIP earnings build through out the week (Tuesday-Saturday) and then withdraw on Saturday evenings.
5. Convert DRIP withdrawn, every Saturday, into AFP, via Pancakeswap. (Keep at least 0.05 BNB in wallet for gas fees.)
6. Stake new AFP in the Pig Pen. This should increase BUSD earnings in the Pig Pen.
7. Continue transferring DRIP earnings to Pig Pen every week.
8. Compound / Withdraw AFP/BUSD in Pig Pen at least once per month.
9. Take BUSD earned from Pig Pen and convert it to DRIP. (Convert to BNB if needed. Keep at least 0.05 BNB in wallet for gas fees.)
10. Repeat the process and grow TVL/ earnings in DRIP faucet and Pig Pen.
11. Keep any earnings over $25 as profit, to help make ROI and recoup my $25 DRIP deposit.

In Summary

So my DRIP earnings will feed the Pig Pen and my Pig Pen earnings will feed my DRIP balance.

Both should grow in Total Value Locked (TVL) and in earnings. Hopefully, I can build both my DRIP balance and my AFP balance up so that I’m at least earning $25 whenever I compound/ withdraw. It may take some time to reach this goal.

If I can start earning at least $25 then I’ll start to recoup my $25 investments and help me get to ROI.

I plan on starting this new strategy on 1/1/23, after I do my withdraws from DRIP and my compound/withdraw from the Pig Pen. I’ll then take another look and reassess at the end of January 2023.

As with all things…time will tell…

As always, thank you again for reading my articles.

It is much appreciated.

Till next time…

Now following anybody that interacts with my articles… God Speed!

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