DUO stands for Dividends, Upvotes and Onboarding. It's a token created by the Hive Onboarding Community. The goal of the HOC is to ultimately help onboard and encourage those who are new to Hive. DUO will help fund HOC onboarding efforts and will also provide dividends, a tipping bot, as well as curation for DUO stakers.
As the value of the vote increases, the vote weight will be reviewed and adjusted to potentially include more DUO holders as the project grows. Since the founders of the project will hold a significant stake, we are committing to receive 50% less of the vote weight that all other DUO holders will receive for curation. We reserve the right to withhold curation from those found spamming, plagiarizing, and other activities that do not contribute to the growth of Hive and/or abuse the reward pool.
At the end of each month, the total HP earned by the project will be paid out to the founders in DUO, based on the market price of DUO.
Example: If in one month the project earns 50 HP and DUO is selling for 1 Hive each, then the founders are paid 50 DUO split three ways, rounded. So, the founders would be paid 18 DUO each (50 ÷ 3 = 18.33).
While the project is in its infancy, the founders will keep these payments in DUO liquid, so as to not dilute the earnings of project supports earning dividends for staking. They also will not sell until all DUO tranche and promotional sales have completely sold out.
| Required stake | DUO dropped | Calls per day |
|---|---|---|
| 500 | 0.1 | 1 |
| 1000 | 0.2 | 1 |
| 5000 | 0.3 | 1 |
| 10000 | 0.5 | 2 |
The initial sales of DUO will be done in tranches. All Hive income generated from this will be powered up.
20k @ 0.5 each
40k @ 1 each
60k @ 1.5 each
80k @ 2 each
Most of the Hive Power will be used to curate. This will be done in a few ways.
For the first month, all tokens earned from curating will be held and staked, to create a baseline for a curation trail.
Afterwards, 90% of all tokens, HBD, etc., earned through curating and posting will be sold on the market and converted to Hive, to be paid out daily to those who have staked 200 DUO or more. The remaining 10% will be staked or held to gain interest, curate, etc., and build the account slowly over time.
We're excited about the future of this project! Don't miss your chance to invest, as early adopters get a discount!
https://tribaldex.com/trade/DUO
https://hive-engine.com/trade/DUO