DUO Status Update - 7/4/24

It's time for an update on how things are going with DUO! There's been a lot happening, so let's dive in and see the status of the project!

HP Growth
We opened up sales to early adopters one week ago. Right now we're sitting at 2,398.665 HP! That is amazing considering this is just the first week!

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 put 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
Our developer is finalizing the code and and doing final testing. Once this is done, the dividend payouts and tipping functions will be implemented.

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)

Promotions
There currently aren't any promotions, but we do have ideas for the future. Stay tuned!

Sales
Right now, DUO is being sold for 0.5 Hive each for early adopters. Of the 20,000 available around 4,700 have been sold. We've sold over 25% of the first tranche in a week!

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