Utilities of DUET Token

DUET token is a key facilitator of the Growth of the Duet ecosystem.

All of the Duet services including minting unit, security unit, liquidation unit and swap unit charge fees from the users, which is paid to the Duet treasury as income. The Duet DAO will approve spending to various farms. The farms are set with clear goals to grow the ecosystem and in turn increase the demand of the Duet services and thus generating more income.

All farm rewards are paid in $Bonded Duets, which will mature in 12 months time, but can be prematurely sold on the bond open market with a discount determined by market forces.