# Drips

rotki decodes Drips v1 activity on Ethereum and Polygon PoS: outgoing gifts (Give) and ongoing streams (Drip) you send, splits you configure, and funds you collect from incoming drips.

## Features

- Outgoing Give calls labelled as donations against the Drips counterparty.
- Ongoing Dripping configurations recorded as informational events with the stream parameters, and the corresponding spends tagged as donations.
- Splits and SplitsUpdated configurations recorded as informational Drips events.
- Collected receives (funds drawn from an incoming Drip) tagged as donate-subtype receives against the Drips counterparty.

## Limitations

- Only Drips v1 (the original DAI-centric streaming contracts) is decoded. Drips v2 (the newer Radicle Drips deployment) is not yet covered.
- Drips v1 is decoded on Ethereum and Polygon PoS only.

## Setup

1. In rotki, add the addresses you use with Drips on Ethereum and/or Polygon PoS.
2. In rotki, open History and let the initial sync run. Give, Drip, Split, and Collected events are decoded automatically.

## FAQ

### Are incoming Drips income?

rotki labels Collected receives as donate-subtype events against the Drips counterparty. Whether they are taxable income is jurisdiction-specific; consult a tax professional.

### Does rotki read Drips activity from its own servers?

No. rotki is a local application that talks directly to the RPC endpoint you configure for each chain - the public default, a third-party provider, or your own node. Each query goes from your computer to that endpoint without passing through any rotki-operated server.