Here is Wednesday's update for our DUO token. It's been a couple of busy days and most of the script is being finalized. The biggest news is that the tip bot is now live!
HP Growth
We opened up sales to early adopters one and a half weeks ago. Right now we're sitting at 3,640 HP! Being only in the second week of the project it's better than we had anticipated.
Everything has been powered up to this point. We'll be staking all Hive-Engine tokens earned through July to create a baseline for curation. After that, 90% of all tokens, HBD, etc., will be sold off and paid out as dividends. Only 10% will be staked or powered up in order to grow the project.
Right now, nothing has been delegated to the HOC account while we're still growing the project. We didn't set an exact timeline for this, but we will announce this change once it's effective.
Dividends and Tipping
Once again the tip bot is live and you can use the DUO call to tip quality curators in the Hive community. Our developer is finalizing the code and doing final testing on the dividends. Once this is done, the dividend payouts will begin after the first month of project to those with enough tokens staked.
Just as a reminder, you must stake 200 DUO to receive dividends and be eligible for post curation. The tipping requirements are as follows:
500 staked tips 0.1 (1x/day)
1k staked tips 0.2 (1x/day)
5k staked tips 0.3 (1x/day)
10k staked tips 0.5 (2x/day)
Stakers Spotlight
Here are the most recent posts curated by DUO stakers! Check out their posts and show them some love! 😁
@servelle
@servelle/hsbi-giveaway-guess-the-number
@bitcoinman
@bitcoinman/shits-fake-reblog-lottery-duo-bonus--4fr
@bulliontools
@bulliontools/the-origin-of-money
@dbooster
@dbooster/you-should-laugh-more-lloyd-bridges
Sales
Right now, DUO is being sold for 0.5 Hive each for early adopters. Of the 20,000 available around 7,336 have been sold. We've sold over 36% of the first tranche in less than two weeks!
The next tranche of 40,000 DUO will be sold for 1 Hive each, so get in early while there's still time!
https://tribaldex.com/trade/DUO
https://hive-engine.com/trade/DUO