B.R. Johnson FOR IMMEDIATE RELEASE: 03/10/22 The Reaper LLC.
The Reaper Coin Tests DeFi DRIP Tool
Custom Built DRIP Tool Being Tested To Drop XRP Directly to RPR Holders
Austin, TX: Today, The Reaper LLC., the company behind The Reaper cryptocurrency token RPR, announced they are testing their custom built DRIP tool. After launching The Reaper project only two and a half months ago, Reaper has already demonstrated their utility in burning other tokens, and has now finished their custom DRIP tool. The tool was developed by Strategy Engine. The initial test will drip a share of 500 XRP into the Xumm wallets of all holders, with a second test scheduled to drip a share of 1000 XRP.
When asked if the DRIP will be like traditional dividends acquired from a (stock) company, The Reaper CEO Patrick Riley answered, “Similar, but it’s not profit sharing like a traditional dividend. It’s interest payments similar to a managed trust.”
After releasing whitepaper 2.0 The Reaper has been diligently working to: – Building out the software needed to implement the DRIP
– Increase marketing and engagement
– Vetting new projects for Reaping
– Applying for Exchange listings
About The Reaper LLC.: The Reaper is a finance company behind the RPR Token based in Austin, TX. The Reaper is setting out to bring balance to the blockchain. The Reaper maximizes market value by Reaping supply and creating demand. The Reaper regularly shows up on lists of the top XRPL projects. New projects and coins are born into the market, but rarely do they die. Death brings value to life.