DUO Network
DUO

0.001239
1.00 %
Change 24h
Market Cap
€ 45,274
Volume 24h
€ 0.1053
Circulating Supply
36,544,238
Total Supply
100,000,000
DUO
# Exchange Pair Price Volume 24h

Description

DUO a dual-class token structure that, combined with smart contract governed rules and market arbitrage mechanism, provides principal-guaranteed fixed incomes and leveraged capital gains for holders of each class, respectively. Class A Token also known as the Income Token, continuously accumulates interests based on its original net value at last Reset event. It will also receive token payments at each Reset event. Class B Token also known as the Leverage Token, entitles leveraged participation of the underlying digital assets. The Custodian smart contract performs multiple tasks that facilitate key mechanism of the system, including: creation and redemption of DUO tokens, safekeeping the underlying digital assets (e.g. ETH), calculation of tokens’ net values, and execution of Reset events.
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