Duet Protocol Price (DUET)

Duet Protocol is a Parallel universe that turns Flat assets into Sharp assets. As a synthetic assets protocol built upon yield aggregator, leveraging bond market, security pool, and market maker. In the short run, the long-tail assets like receipt token holders can enhance their returns by utilizing stablecoins minted with Duet protocol, whereas, in the long run, Duet Protocol targets to be the entry point of liquidity provider. The reserve capital system supplies liquidity to almost all DeFi protocols whilst generating a world of synthetic assets whose values are 100% backed by its reserves. Duet Protocol V1 BETA has been deployed on BSC Testnet and attracted over 120K tx with nearly 4,000 active users within just 1 week. Its formal deployment on the BSC mainnet is expected to be launched soon.

DUET Protocol IFO on PancakeSwap sales details:

• Sale start time: ~0900 UTC on Fri 11 Mar 22
• Sale end time: ~1000 UTC on Fri 11 Mar 22
• IFO CAKE Pool Calculation Period: ~0800 UTC on Sun 06 Mar 22 to ~0300 UTC on Fri 11 Mar 22
• Amount to be raised: $1,800,000 USD in CAKE tokens
• Tokens to be sold: 6,000,000 DUET (1.43% of initial DUET total supply)
• Price per token: 1 DUET = $0.30 USD

All CAKE raised from the DUET token sale will be given to the IFO project. Only CAKE raised from the participation fee will be burnt.

Please note that the CAKE Calculation Period for this IFO is slightly shorter (~5 days) to enable the IFO to start at the original planned time and date of ~0900 UTC on Fri 11 Mar 22.

Method: Private Sale and Public Sale (both conducted via the Overflow method), with Commitment Limit determined by IFO Credits

What is the IFO Staking Pool?

TLDR: Stake CAKE in the IFO CAKE Staking pool, and get higher IFO allocations!

From 06 – 11 Mar 22 (IFO CAKE Pool Calculation Period), every CAKE staked in the IFO CAKE Pool counts towards your CAKE Credit Calculation.

What is the “Overflow” sale method?

Basically, the more you put in, the more you will get, and you’ll get back anything that doesn’t get spent. More details below in the Overflow Multiplier Table.

To participate in the IFO:

Before Sale:

• Stake CAKE in the IFO CAKE Pool during the Calculation Period
• Create an active PancakeSwap profile
• Buy CAKE tokens

During Sale:

• While the sale is live (0900 – 1000 UTC on 11 Mar 22), commit your CAKE tokens to buy DUET tokens at https://pancakeswap.finance/ifo.

After Sale:

• When the sale is complete, claim your DUET tokens and your unspent funds will be sent back to you.

Duet Protocol(DUET) token pre-sale platform

• PancakeSwap: pancakeswap.finance