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're sitting at over 10,000 HP! That is amazing considering we're not even done with the month of July! We already sold out the first tranche of tokens and are now offering the second tranche at 1 Hive each.
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
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! 😁
@youloseagain
https://peakd.com/@youloseagain/my-ideas-and-proposals-to-the-splinterlands-team-part-5-9x7
@thebighigg
https://peakd.com/@thebighigg/lost-treasure-and-some-silver-from-the-virgin-islands-6wb
@trumpman
https://peakd.com/@trumpman/-til-about-octopus-wrestling--8in
@esmeesmith
https://peakd.com/@esmeesmith/creator-economy-things-i-have
@gwajnberg
https://peakd.com/@gwajnberg/governments-should-be-transparent-in-all-decisions-khw
Sales
The first DUO tranche is sold out! The second tranche of 40,000 DUO is now on the market for 1 Hive each! All of you who got in early at 0.5 Hive are sitting pretty! 😉
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 encourage anyone who wants to join and chat to feel welcome to drop in any time!
https://discord.com/channels/1190475304389587005/1192933087303180388
Curation Update
Since we implemented tiered voting to manage the voting mana, we've been monitoring it closely. The mana has been hovering around 95% which means not enough voting weight is being given out to DUO stakers. Our goal is to keep it right around 80% and not let it sit idle. As a result, we've upped the voting weight on all tiers for those staking less than 1000 DUO. Those have been increased by 5% and we will see if that gets us closer to the most efficient use of the voting mana for duo-curator. Here's a reminder of the tiers.
200 DUO staked - 25% vote
300 DUO staked - 35% vote
400 DUO staked - 45% vote
500 DUO staked - 55% vote
600 DUO staked - 65% vote
700 DUO staked - 75% vote
800 DUO staked - 85% vote
900 DUO staked - 95% vote
1000+ DUO staked - 100% vote
As set out before in the white paper, the three founders (@bitcoinman, @bulliontools and @thebighigg) will only receive 50% of the maximum vote based on their respective tier.
Additional Tokens We May Consider for Increased Dividends
We have been actively looking at ideas to increase dividends and the accounts HP that will give out higher votes to our token holders. Tokens we have considered holding are EDS,SIM, and BXT. We are also open to ideas our token holders have to increase revenues that will be sent out to you in dividends starting Aug.1.
To raise funds for these purchases we are considering selling 1000 DUO tokens out of the founders fund. These tokens would have eventually been part of our 15% compensation for DUO management as stated in the white paper.
Founders agreement/Founders special
We as the founders agree to only sell DUO we earned or purchased for 5 cents less than current market price(Thats 0.95 hive per DUO at the current trench).
And as stated above we will initially use these funds to get other tokens that will bring more value to DUO and it's stake holders.
BXT has very low return in my experience, EDS is a good choice, I have no experience with SIM, but I'm skeptical about the long term.
A good way to get liquid hive to pay dividends is also to use reward.app for the duo-curator posts.
!BEER
!LOLZ
lolztoken.com
I asked him to wait till after finals.
Credit: adedayoolumide
@duo-curator, I sent you an $LOLZ on behalf of servelle
(5/10)
Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards. Learn more.
I personally have no experience with BXT, but if returns aren't great it may not be a good choice. EDS is nice because it would pay one update posts, and the reward.app is not a bad thought. I've never used it but it does reward those who upvote our posts.
Long term on SIM I have similar concerns but it does pay daily liquid Hive for dividends which is why we are considering it. I have about a million in my personal account. We are just looking for any ideas to help increase dividends for you guys and make it a more attractive token for investors.
!BEER
!LOL
!DOOK
You just got DOOKed!
@thebighigg thinks your content is the shit.
They have 1/400 DOOK left to drop today.
Learn all about this shit in the toilet paper! 💩
lolztoken.com
Because they stay out of treble.
Credit: reddit
@servelle, I sent you an $LOLZ on behalf of thebighigg
(2/10)
NEW: Join LOLZ's Daily Earn and Burn Contest and win $LOLZ
Thanks a lot, I have full confidence
View or trade
BEER
.Hey @servelle, here is a little bit of
BEER
from @thebighigg for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER
.Thanks a lot for your input we will implement the reward.app for duo update posts to increase our divs , we will be sure to give you a shout out in the coming update post 💪 !LOL !ALIVE !DOOK
You just got DOOKed!
@bitcoinman thinks your content is the shit.
They have 50/400 DOOK left to drop today.
Learn all about this shit in the toilet paper! 💩
lolztoken.com
Listen buddy, i'm going to be frank with you.
Credit: reddit
@servelle, I sent you an $LOLZ on behalf of bitcoinman
(8/10)
Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards. Learn more.
I'm glad you like the idea 😀
!WINE
Congrats reaching 10K HP, that's excellent!
Thanks! It happened faster than we though so on to the next goal!
!LOL
!PIZZA
lolztoken.com
Chicken tenders
Credit: reddit
@ironshield, I sent you an $LOLZ on behalf of thebighigg
(3/10)
Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards. Learn more.
Yes! Some great progress in less than a month, we are going to stay focused and keep working on making it the best we can !DOOK
You just got DOOKed!
@bitcoinman thinks your content is the shit.
They have 51/400 DOOK left to drop today.
Learn all about this shit in the toilet paper! 💩
!hiqvote
@hive-193566, the HiQ Smart Bot has recognized your request (1/3) and will start the voting trail.
In addition, @duo-curator gets !WEED from @hiq.redaktion.
For further questions, check out https://hiq-hive.com or join our Discord. And don't forget to vote HiQs fucking Witness! 😻
Congratulations @duo-curator! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 600 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP
View or trade
BEER
.Hey @duo-curator, here is a little bit of
BEER
from @servelle for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER
.$PIZZA slices delivered:
@thebighigg(1/5) tipped @ironshield