SPI's Newest Addition under DAB - RUG Token

Hello SPIers, today I shill RUG 1 time from the SPinvest account. We're releasing a new token under @dailydab in 2 weeks and I thought I'd share it here for some exposure. See the launch post here for full details.

What is RUG in a nutshell?

It's a growth asset-backed token that yields DBOND which are pegged to 1 HIVE each. We use money from token sales to build a basket of LP tokens made up of mostly BTC, ETH, BNB and Stables and stake those tokens to earn a yield. This yield is converted to HIVE each week with 75% being used to mint DBOND to issue to RUG token holders and 25% powered up directly to @dailydab to increase DAB rewards. Growth comes from the value of our LP tokens increasing over time, these are our pumpamentals

If you were involved with LBI, you'll remember CUBlife. RUG is like CUBlife except the rewards are higher and its not bound to cubfinance giving it much more potential.

Its called RUG but it is a token under SPinvest so it's backed with assets and we're offering direct cash out for any amount with no fees letting investors exit swiftly.

Why call it RUG?

RUG - Returns Under Guarantee

I dont know, the DAB community are always making fun and have an ongoing joke saying that DAB is a RUG project cause it's a drip project and that everything is rigged. I thought im releasing a token anyway so why not play into that and create a fun project. I met with a few friends to get some seed money to fund it and now we're launching "RUG"

I understand the way it's marketed will not appeal to everyone but im having fun with it. The Rugonomics are solid and it is a serious investment even if it looks to be a joke 😅

Check out the Launch Post

If anything, you should get a laugh from it 😎

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