In the algorithm-pegging module (Lite Mint), Duet supports direct burn DUET and mint equal dollar value synthetic assets. This mechanism in the project's initial stage benefits minting users by more convenient minting method, higher capital utilization efficiency, and easier arbitrage opportunities. Lite Mint strongly incentivize synthetic assets minter and benefits early synthetic assets to form the initial supply. But on the other hand, DUET circulation is elastic supply in the short term, there may be a systemic risk when the overall market gets into a downward trend.
Duet is committed to building a robust & stable platform for the synthesis of assets. The team continued to optimize mechanism design, reducing the volatility of assets, improving the system robustness and stability through many theoretical research and testing practices. To maximize the validation of the Duet design, perfect the risk control mechanism and emergency response mechanism, Duet Protocol with the synthetic asset platform of its pilot version: Zerogoki, takes the algorithm anchoring mechanism into real transaction scenarios for validation.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.