Drip

A revolutionary decentralized incentive learning system built on-chain.

Showcase · Notion

Overview

Drip is a decentralized protocol that enables users to create and manage challenges, maintain user profiles, and handle tokenized vaults. The system comprises several key components:

• DripProfile: An ERC-721 standard for managing user profiles and associated data.
• Challenge: An ERC-721 token for managing individual challenges.
• ChallengeManager: Coordinates the creation and lifecycle of challenges.
• DripVault: An ERC-4626-compliant vault for token deposits and withdrawals.

How It Works

1. Initiate a Challenge: Users can start a challenge within a predefined timeframe, committing a deposit amount as collateral.
2. Receive a Progress-Tracking NFT: Participants are issued an NFT upon challenge initiation. This NFT dynamically tracks their progress.
3. Daily Task Completion: Participants complete daily tasks. Their progress is automatically updated and reflected on their NFT.
4. Challenge Outcome:
   • Successful Days: Users can reclaim their deposits for the days they complete tasks successfully.
   • Unsuccessful Days: Deposits for incomplete days are allocated to a reward pool.
   • Additional Rewards: Participants who successfully complete challenges earn additional rewards from the reward pool, funded by incomplete day deposits across all participants.

Rewards Calculation

Claimable Deposits

Represents the amount users can retrieve based on successfully completed days.

Additional Rewards

Reflects a share of the reward pool distributed to successful participants.

Total Redemption

Combines claimable deposits and additional rewards for a comprehensive view of user earnings.

Architecture

The protocol consists of four main contracts:

Challenge.sol

• Core logic for challenge operations.
• Facilitates challenge creation and manages individual challenge states.
• Retrieves challenges based on specific epochs.

ChallengeManager.sol

• Orchestrates the lifecycle of challenges and epochs.
• Establishes new epochs and manages their rewards through the DripVault.

DripProfile.sol

• Manages user profile creation and updates.
• Tracks daily task completions for users.

DripVault.sol

• Handles tokenized asset management for epoch rewards.
• Facilitates token deposits and withdrawals.

Deployed Contract Addresses

The protocol utilizes unified CREATE2 addresses for multi-chain deployments:

• Challenge: 0xaDcaAe61b8983940FB2c8098BDe112e507A0e1f0
• ChallengeManager: 0xB3084eF0Dc7440e32A6cD64e2E5072FBCd9AEEeE
• DripProfile: 0x0E69Ba1FF53c36D0fbb4fccC0e9B732D58593B2f

Currently live on the following testnets:

• Base Sepolia
• Mantle Sepolia
• Polygon zkEVM Cardona

Contributors