You are fighting a uphill battle due to faucets paying so little compared to time spent.    With being new yes you likely will have to do something to get attention paying better is most likely to get traffic.

On ad's how are you running a faucet without them?  I would think it is a must if your trying to get a profit.  You can add a rotator to your site... but unless something new/special I don't see it getting much traffic.