It's been a while since I've talked about DUO in my posts. I'm still very thankful that I've gotten into this project early on. I haven't really increased my position in the past few weeks and now I'm knocked down to the 9th spot in the richlist.
But that's a good thing because it means more people are investing into the project. And I see that itharagaian has now been dethroned by rainbodash4l with a whopping 10,125 staked DUO tokens! That powers up DUO's curation account to about 33,908 HP.
So why is DUO essential to Hive users? It's because in my opinion, DUO is better than powering up your Hive token, at least in the current market values. By getting your DUO staked at certain milestones, you will receive corresponding vote weight, given that your posts are valid and adhere to the community guidelines.
So my current stake of 1,000 DUO entitles me to 76.5%. That taps into the curation account's HP which is the accumulated contribution of the DUO token buyers. And that will increase over time as more users purchase the tokens. It's significantly better than just having 1,000 HP in your own personal account. But of course in the long run, having your own HP staked is still the best option.
Aside from curation, I also receive daily Hive dividends which I can immediately power up to my account. This is significant for me as it lets me compound dividends and slowly grow my account.
Act Now While There's Still Time
If you're reading this and is not yet a part of the project, I would suggest that you get your share of the tokens now while there's still time.
There are currently 14,037 DUO tokens left at the price of 1 DUO = 1 Hive. Once this listing sells out, it will move on to the next pricing level of 1.5 Hive per DUO. And you'll never know when a big whale decides to swoop in and scoop up the remaining tokens as what happened in the past tier level. 馃榾
If you're interested, check out the official post from DUO here.
