DUO Token Update for August 7, 2024!

in #leofinance3 months ago

Happy Wednesday everyone! Here is today's DUO token update.

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HP Growth

Right now we're sitting at 11,117 HP! We are continuing to see growth in our overall Hive Power due to sales and the 10% powered up from curations.

90% of all tokens, HBD, etc earned., will be sold off and paid out as dividends. Only 10% will be staked or powered up in order to grow the project.
Remember a minimum of 200 DUO staked is required to be eligible for dividends

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

The dividends went live on August 1st and will continue to trickle out to those who have staked at least 200 DUO. Some of you may have noticed a bump in the amount you received recently, that was July earnings while we were working out the dividends. You will see the dividends return to their previous levels now, but we hope you enjoyed the nice bonus!

HSBI Raffle for August

The raffle is underway! Sponsor @duo-curator with 1 HSBI share per ticket you'd like to purchase, and you'll have a chance at winning 50 DUO! There will be 3 drawings in total!

Make sure you comment in the giveaway post with the number of tickets you bought.

You can also write a post (250 word minimum) about your positive experience(s) with DUO and tag 5 of your active friends who might be interested in the project. Also make sure to paste the link to your post in the comments below. This will earn you 10 entries into the raffle.

For more details, here is the link to the original post: https://peakd.com/hive-193566/@duo-curator/duo-dividend-raffle

Voting weight target

As stated in a previous DUO update we have a target voting weights but we will adjust on the go to insure healthy mana.
Remember a minimum of 200 DUO staked is required to be eligible for curation.

DUO stakedVote weight target
20035%
30045%
40055%
50065%
60070%
70075%
80080%
90090%
1000+100%

DUO tipping bot calls

For those who stake at least 500 DUO you can begin to use the tipping bot and send tips on quality posts. When you tip someone with DUO you in turn receive the same amount tipped into your account as well. So tipping with DUO rewards you both!

DUO stakeDUO tippedcalls per day
5000.11
1k0.21
5k0.31
10k0.52

Stakers Spotlight

Here are the 5 most recent posts curated by DUO stakers! Check out their posts and show them some love! 😁

https://peakd.com/@gwajnberg/university-life-studying-and-meeting-new-friends-28t by @gwajnberg

https://peakd.com/@crazyphantombr/enpt-how-they-broke-up-gnt by @crazyphantombr

https://peakd.com/@ironshield/we-are-alive-august-7th-980e49fb324d3 by @ironshield

https://peakd.com/@itharagaian/noob-saison-1-8-deja by @itharagaian

https://peakd.com/@esmeesmith/how-social-network-build-cultures by @esmeesmith

Sales

Right now, DUO is being sold for 1 Hive each. The first tranche sold out quite some time back and we are in the middle of the second.

Once it sells out the next tranche of 60,000 DUO will be sold for 1.5 Hive each, so get in early while there's still time!

https://tribaldex.com/trade/DUO
https://hive-engine.com/trade/DUO

HOC Discord

Sometimes replying in comments works, and sometimes there's a lot more to be said. You can find @bulliontools, @bitcoinman and @thebighigg in the HOC Discord chat, We also set up a private discord for DUO stakers (min 200 DUO) within the HOC channel, we encourage anyone who wants to join and chat to feel welcome to drop in any time!
HOC discord link

Link to the DUO white paper here

If you no longer want to be tagged in theses updates please just let us know and we will remove you. Thanks!

@itharagaian @wearelegion @oahb132 @borniet @servelle @juanvegetarian @sudeon @thebighigg @bulliontools @bitcoinman @crazyphantombr @dbooster @freecompliments @caspermoeller89 @trumpman @tokenpimp @enginewitty @bradleyarrow @daveks @trautenberk @melinda010100 @shiftrox @tengolotodo @ironshield @esmeesmith @davedickeyyall @youloseagain @gwajnberg @adamada @cwow2 @flemingfarm @elevator09 @imagenius.dac @thewobs94 @misterc

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Dividends are great for now, thanks !
!BBH
!LOLZ

Why couldn’t the bike keep up with the car?
Because it was 2-tired

Credit: reddit
@duo-curator, I sent you an $LOLZ on behalf of servelle

(1/10)

PLAY & EARN $DOOM

@thebighigg, the HiQ Smart Bot has recognized your request (1/3) and will start the voting trail.

In addition, @duo-curator gets !LOL from @hiq.redaktion.

For further questions, check out https://hiq-hive.com or join our Discord. And don't forget to vote HiQs fucking Witness! 😻

Did you know that the first french fries weren’t cooked in France?
They were cooked in Greece.

Credit: belhaven14
@duo-curator, I sent you an $LOLZ on behalf of hiq.smartbot

(6/8)
Farm LOLZ tokens when you Delegate Hive or Hive Tokens.
Click to delegate: 10 - 20 - 50 - 100 HP

!hiqvote

Great update post... I'm excited about the future of DUO

So are we, appreciate your support !DUO !DOOK


You just got DUO from @bitcoinman.
They have 1/1 DUO calls left.
duo_logo
Learn all about DUO here.


You just got DOOKed!
@bitcoinman thinks your content is the shit.
They have 2/400 DOOK left to drop today.
dook_logo
Learn all about this shit in the toilet paper! 💩

!INDEED

@bitcoinman! @melinda010100 Totally agrees with your content! so I just sent 1 IDD to your account on behalf of @melinda010100. (6/20)

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Congratulations @duo-curator! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You received more than 1250 upvotes.
Your next target is to reach 1500 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

Our Hive Power Delegations to the July PUM Winners
Feedback from the August Hive Power Up Day
Hive Power Up Month Challenge - July 2024 Winners List

Keep on growing! Beautiful HP growth!

So only 10% is being powered up, what are you guys the founders getting? Anything extra or just dividends from the tokens you hold?

There's DUO in the duo-curator account, set aside as a project maintenance fee for the founders. As the HP pays out, we pay ourselves the Hive equivalent in DUO based on the monthly HP brought in.

So, if the curation account brings in say 120 HP for the month, each founder gets 40 DUO since they're priced at 1 Hive each right now. As the project grows and demand increases and sales tranches are bought up, the payouts for the founders will likely decrease as DUO price increases.

Right now, the founders have agreed to only keep 700 DUO staked while building up the HP. That way more dividends are paid out to everyone else. 🙂

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@duo-curator! @servelle likes your content! so I just sent 1 BBH to your account on behalf of @servelle. (1/5)

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Great token and project, with approachable and responsible project owners, that is quite rare on Hive I have found!

Thank you! We appreciate your support and kind words!

i'm new here. the project is looking good. thanks to the team for your collective efforts and best wishes
!BBH


Hey @eolianpariah2, here is a little bit of BEER from @isnochys for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

Thank you for your witness vote!
Have a !BEER on me!
To Opt-Out of my witness beer program just comment STOP below

@duo-curator! @eolianpariah2 likes your content! so I just sent 1 BBH to your account on behalf of @eolianpariah2. (1/5)

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