DUO Network is a system of tokens and smart contracts that provides a new, decentralized, income-generating stable token and a leveraged capital gain token backed by first-class financial engineering and market proven model.
Closely correlated to the US Dollar with fixed interest income.
Solid Dual Class Model proved academically and by stock market for more than 10 years
Decentralized stable coin comes together with First Trustless Decentralized Margin Trading Scalability
Token Creation and redemption driven by market arbitrage activities, providing most scalable stable coin in the market
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)
Main-net product launch
When ETH/USD price drops, Token B token drops in value and leverage increases, while Token A token's value remains stable; when ETH/USD drops to a certain level, a Downward Reset event is triggered to reduce Token B’s leverage and restore its net value. After the Reset, Token B holders will have fewer B tokens with higher values and lower leverages; Class A holders will have fewer A tokens and some ETH released from the Network.
DUO holders will benefit from membership discount, conversion arbitrage, and mining rewards from conversion activities.
The idea of DUO tokens is not to replace any cryptocurrency but to prosper a blockchain economy with a stable token structure built on it. As of now, Ethereum has the most diversed ecosystem and highest demand of stable coins, ERC-20 tokens are well-supported by most centralized and decentralized token exchanges. The DUO model can be deployed on other public blockchain with smart contract capacity. We are actively looking forward to partner with uprising public chains lthat look for diverse token economies.
These are the users seeking low-volatility and income-generating digital assets. The users of Token A tokens may include digital asset funds, service providers, ICO project teams, asset tokenization platform, exchanges and risk-averse investors. It is an ideal safe heaven asset during market turmoil and a necessary entry point for asset tokenization.