Introducting @dab-vote | The new way to mint DBOND
Hello Dabbers, In this post we outline the details of a new project being launched to expand the DAB eco-system.
We have ended our public sale of DBOND and from here out, new DBOND will only be issued as reward tokens. We kick this era for DAB off with a DAB curation trail that we will use as a way to distribute new DBOND into circulation to those who delegate HIVE POWER.
1 - @dab-vote
This account has been set up to distribute DBOND tokens to HP delegators based on curation rewards earned. This ensures all DBOND minted and issued are backed with 1 HIVE each while adding a layer of growth to the @dailydab HP balance which in turn increases the daily HIVE drips paid out to DAB holders.
Voting Power
- 50% of the voting power will be allocated to proxy votes from established curation trials.
- 50% of the voting power will be allocated to those that hold 10 or more DAB tokens (Voting bot updated weekly and DAB number required will increase as more are minted into circulation)
Curation Rewards
- 75% of curation rewards will be used to mint DBOND to distribute to HP delegators.
- Rewards start Friday 14th June and then each Friday after
- 25% of curation rewards will be transferred and powered up directly to @dailydab to increase HIVE drips
How to join?
Delegate any amount of HIVE POWER to @dab-vote
When will I receive my Rewards?
DBOND rewards are sent out each Friday
Feel Free to ask any questions in our Discord Channel by Clicking HERE
2 - CLUB token holders Only
! [For CLUB Holders eyes ONLY] Private CLUB BOT
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This is a private account set up to accommodate CLUB token holders only. If you hold a CLUB token, you can delegate HP to @clubvote.
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80% of voting power will be allocated to CLUB token holders
20% of voting power will be allocated to follow @dab-vote trail
100% of curation rewards will be powered down, transferred and powered up directly to @dailydab to increase HIVE drips
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Delegate any amount of HP to @clubvote
@clubvote DOES NOT REWARD DBOND
What is CLUB? If you need to ask, you dont need to know😉
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Last Edit - 1st June 2024
Interesting, I've already started delegating to help and keep going with the project! It would be nice to create a badge to appear on peakd, wouldn't it? As a way of thanking everyone who has contributed to the project or something. Cheers.
Nobody looks as Badge do they? xD
@cwow2 jeg kan se du er med allerede.. læser jeg det rigtigt, at der ikke er DBOND mere via staked DAB?
Hvor ser du det henne? xD
Det var dét jeg fik ud af at læse det.. og ved læsning igen virker det til jeg er meget træt i dag 😂
Du er bare den anden som jeg spurgt om det idag og jeg kan ikke se hvordan I er kommet frem til den ide xD
Tror det er en blanding af at læse lidt forkert og at der ikke er kommet nogen i dag 🤔
Fair nok xD
hello, delegate some HP to test, will I earn the DAB token,? Is there anywhere to see APR? of the project
No, you will not earn the DAB token. You will get DBOND instead, which if you stake it will start to earn you some DAB.
It is a bit complicated but this is how it works:
Delegate HP -> earn DBOND -> stake DBOND -earn DAB - liquid DAB in your wallet will earn you Hive.
But, if you stake the DAB, then you get more DBOND, which if you stake it,gets you more DAB.
So it is a nice little game. Keep the DAB for Hive rewards, or stake it to get more DBOND. 😜
Personally I stake about 45% of the DAB I get, to increase the amount of DBOND I get to increase my future earnings.
Basically the choice is between earnings today, or increasing your future earnings.
Because of this, everyone has a different apr as it depends on your choice. Do you keep all DAB liquid, do you stake 50%, or 100%? And what is everyone else doing, because that influences what you get.
IS THERE A TOKENOMIC OF THE PROJECT?🤓
May I ask where does this word : DAB, originate from.
There's a Nigerian song that goes by the title and the dancing style is just as portrayed in the logo.
Is that a coincidence?
😂😂😂
The move is called a "dab". Paul Pogba did this a few times, I think that was what made it more popular.