 | DUO Network (DUO) |
DUO is a decentralized, income-generating stable token backed by first-class financial engineering and market proven model.
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What is DUO Network
The design of the DUO Network requires a token whose value is implicitly linked to the growth and adoption of the Network. Mechanisms used to reward good behavior and promote expansion need to be tied solely to the success of the Network. A utility token owned by the DUO Network is required.
The DUO Network Token is an ERC-20 compatible token issued on Ethereum, with limited supply. It is the primary token used for DUO Networks smart contracts.
DUO contract accepts ether as collateral and takes an ETH/EOS price feed (its usually quoted in EOS/ETH but a simple reversion will do the math), can provide Class A Token pegging to EOS value, and Class B Token with leveraged exposure to ETH/EOS price (or from another perspective, a bear leveraged exposure to EOS/ETH price).
The DUO concept can be extended beyond price-stable tokens. The flexible design of the smart contract allows collateralized assets being extended from ether to any ERC-20 tokens, and the price feed from any trading pair.
DUO Network Roadmap
Market research and idea generation (done).
Theoretical verification, white paper preparation (done).
White paper release, product design (done).
Seed Funding (done).
Test-net deployment, code release (done).
Private Sale.
Public Sale.
Main-net product launch.
Token distribution
40% - Sale
26% - Team, Advisers, Early Investors
24% - Community Reserve
10% - Operation Reserve
Token Price and Payment Options
Project team
Advisors
Social media
Twitter
Telegram
Medium
GitHubIndustries
