DUO Status Update - 7/8/24

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 two weeks ago. Right now we're sitting at 3,611 HP! That is amazing considering this is the second 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 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
Our developer is finalizing the code and doing final testing. Once this is done, the dividend payouts and tipping functions will be implemented. This is expected to take place sometime this week, so keep your eyes out for an update!

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! 😁

@dbooster
@dbooster/a-little-hard-bop-for-you-three-tune-tuesday

@elevator09
@elevator09/mystical-wedding-in-alchemy

@trumpman
@trumpman/zig-looking-good--3s9

@thebighigg
@thebighigg/camel-brand-silver-round-and-candy-cigarettes-cs1

@esmeesmith
@esmeesmith/know-when-to-quit

Sales
Right now, DUO is being sold for 0.5 Hive each for early adopters. Of the 20,000 available around 7,297 have been sold. That's almost half of the 20,000 we have reserved for early adopters!

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