DUO Token Update BTC Reserves ?

Welcome to the latest DUO update post.

Hey folks so we brought up the need for some reserve and so we started collecting HBD for loans to expand our offerings however things are not looking great and so we are considering moving from HBD savings into BTC ideally something that can give us some interest with little to no risk but we may have to just settle for a regular wallet, and as always we are open to suggestions we considered thorchain saver vaults but maybe our stackers have a better suggestion.

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If you need any help or have questions about DUO, the team is here for you! Leave a comment or reach out on discord

Top 3 DUO stakers

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2

3

Post to Earn DUO

Want to earn DUO by creating content on Hive? Check out the Post to Earn program:
https://peakd.com/hive-177682/@duo-curator/new-post-to-earn-program-jg

HP/DUO Ratio

Current 0.9053
Last 0.8731

More info about the ratio here


Important

DUO stakers are free to unstake as they please however we ask that when you do so you notify the DUO team, we set the curation up manually and letting us know keeps things fair for the other stakers.

Failure to do so will result in a 50% drop on curation on the remaining stake (Assuming its over 200 after the unstake as a reminder 200 is our minimum for curation) for a period of 1 week, there is no penalty for unstaking, only if it's done without notification to the DUO team.

DUO Voting Trail

We have set up a DUO token voting trail so that anyone who would like to help support our DUO stakers can join the trail at hive.vote, and search for duo-curator and follow! It's simple and we really appreciate all of your support!
If you need assistance joining the voting trail don't hesitate to reach out the the team for help

HP Growth

We are now sitting at 52,042.741 HP, thanks to all early investors we've grown faster than we had envisioned!

Voting weight target

We have targeted voting weights however they may be adjusted to ensure that @duo-curator is maintaining healthy mana levels.

Voting weights targets

DUO stakedVote weight target
20010%
30020%
40030%
50040%
60050%
70054%
80062%
90067%
100072%
150077%
200084%

Manual curation

When the voting mana is running high (above 85%) we have created a queue of our stakers who will receive an increased manual upvote when this is happening. First you must receive a normal vote from the @duo-curator to be eligible for the boost. The boost percentage will be up to 50% of a vote. Once you receive an additional curation your name moves to the bottom of the list so that everyone has a chance to benefit from this. New stakers that buy and stake at least 200 DUO will start at the bottom of the list to be fair.

You can see the current status of the list with this link:
https://docs.google.com/spreadsheets/d/1ecki9CPbQSOzX0AxSWOTv1DNCs8-WBp5nNWiOTiNyeg/edit?usp=sharing

Remember a minimum of 200 DUO staked is required to be eligible for curation.

DUO tipping bot calls

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! 😁

Sponsorship

We are sponsoring @hive-woodpeckers ,an organization that helps disadvantaged children acquire wood working skills and self confidence while also encouraging onboarding of interested kids and their parents to hive

DUO sales

Right now, DUO is being sold for 1.5 Hive each. The second tranche just sold out! Once 60,000 DUO is sold at 1.5 Hive each, We move to our last tranche with a price of 2 Hive!

You can trade DUO with the link bellow
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 @thebighigg @bulliontools @bitcoinman @crazyphantombr @dbooster @freecompliments @caspermoeller89 @trumpman @tokenpimp @enginewitty @bradleyarrow @daveks @melinda010100 @shiftrox @tengolotodo @esmeesmith @davedickeyyall @youloseagain @gwajnberg @adamada @cwow2 @flemingfarm @elevator09 @imagenius.dac @thewobs94 @misterc @postapopgamer @justclickindiva @godfish @eolianpariah2 @rainbowdash4l @sylmarill @scoutroc @costanza @hiveph @rollingstar87 @coolguy123 @lourica @stuartcturnbull @gratefuleveryday @chaosmagic23 @thelastdash @irisworld @omoomowess01 @lbi-token @jk6276 @les90

Posted Using INLEO



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!DUO !PAKX

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Some "safe" reserves are probably a good idea. We've had a similar line of thought at LBI, and in our case we are building some funds into the swap.hive/swap.eth LP here on HIVE. No rewards, and very minimal fee income, but it's in "safer" assets than HBD or HIVE in the current climate, but still easily accessible and highly liquid if an opportunity pops up for us. Of course it's dependent on HE, but if that dies we have much bigger problems than a few hundred dollars in a pool position.

LBI will support whatever you go with, income is good, but if you are looking to find a safe haven, income is a secondary consideration. Best of luck, and let us know if we can assist or work together on anything.

Cheers,

JK.

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Interesting update! !PIMP

I understand the move to btc for upside potential. One consideration for me is that the value of DUO (& hive) is dependent on the BTC price, which makes it less of a hedge. The use of stable coins could do that a little more. An alternative could be (as we are still talking about relatively lower amounts) is to use flexible savings on mexc for up to 300 usdt (15%) and 300 usdc (12%) and then start building btc (and maybe xaut). And use the 0.22$ daily intrest to further build the btc and xaut positions.

0.22 doesn’t sound like much, but is also free income comparable with a free extra sale of 2.4 !DUO

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Very interesting take. I'm not sure if those offers are available to any of the !DUO team people. Or if MEXC even is? 🤔 I don't remember the countries they operate in 😆

Is it wise to mix in a CEX with all the regulations etc?
!PIMP

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I see a big upside potential in TITN.
And it gives some fee rewards too if it is staked, paid in USDC.

There was an unlock event a few days ago and the price is about 90% down from ATH (big sell-off apparently)

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I started gomining
Its crap returns atm but cheap to get into if you sre ready to risk some.funds

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Does the DUO team have a target BTC reserve amount in mind for stability?

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There's not a target goal in mind as of yet. The idea right now is to have alternative assets so if anything were to ever happen and the project dissolved for any reason, there would be additional assets that can be liquidated and returned back to the stakers.

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DUO team, you should look into having the vote weight updated programmatically and maybe even not do the voting via Hive.vote. That should (in my humble opinion) be used for the voting trail and the auto vote should be done programmatically as well as the vote weight.

I let you guys know I'm at 1500 staked DUO, yet the voting weight isn't updated.
Hence my little "hiccup" here.

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Hey, sorry this was overlooked. This has been updated, and a 100% vote given on your most recent post.

Having curation done via a script is something we have discussed in the past. The concern is this would take funds away from the project when there's a tool already in place that is usable at no additional cost.

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