👋DRINKS by Speakeasy

Project Summary

DRINKS by Speakeasy is a decentralized finance application (DAPP) on the Binance Smart Chain (BSC) that allows users (Members) the opportunity to earn passive income by staking their cryptocurrency assets into a locked pool. DRINKS is a weekly ROI DAPP that attempts to create a passive income stream that lasts longer than the typical lifespan of a basic miner.

The DRINKS by Speakeasy protocol is focused on creating a passive income opportunity through a combination of mechanics including an ROI DAAP, NFT's, and an in-house Exchange - all supported by the platform's native token, DRINKS. There is no guarantee of any return. Speakeasy encourages everyone to do their own research and make decisions based on their personal situation. Never invest more than you are able to lose. In order to participate in the DRINKS by Speakeasy protocol, user must become "Members" of Speakeasy by purchasing a Membership Key Card (MKC). Holding an MKC sets a fixed daily APR of 0.25%. From there, Members will also be able to purchase a DRINKS Cocktail NFT or Wildcard NFT to further increase their daily boost percentage. The maximum daily reward APR any single wallet can achieve is 2.25%. Profits from the sales of these NFT's are used by the Treasury to support the market price of the DRINKS token.

Once DRINKS have been deposited into the contract, the member earns a daily rewards on their TVL (Total Value Locked), which is paid out in DRINKS. The protocol requires that the daily rewards earned are locked for a total of 7 days. At the end of this period, the total reward amount is available to take ("Cash In"), or all or a portion of it can be reinvested back into the contract for another 7-day cycle ("Let It Ride").

The Treasury will also be using a portion of staked assets ("The Bank") to invest in other outside projects in order to create a revenue stream to support the token price of DRINKS. The goal is to prolong the lifespan of the project while reducing the dependence on new investment as much as possible.