Started yesterday on uniswap, had quite a pump but it got back to original price, seems like a pretty good project, japanese devs (honorary westerns), been working on the project for a long time already before putting the token out.
> What is Dev Protocol? Stakes.social is an application based on the Dev Protocol. The Dev Protocol is a middleware protocol built on Ethereum that allows you to tokenize various activities by using the Dev Protocol. Staking DEV on tokenized activity will enable activity owners to mine DEV, and those who stake them earn staking reward as an interest. What is tokenization? Tokenization in the Dev Protocol means authenticating an activity and issuing its own ERC20-token, called Property. The Property is an ERC20-token that conforms to the Ethereum standard, so its ownership can be divided into small pieces and shared by many people. What is staking? Staking in the Dev Protocol means depositing and locking up on Properties. Staking against a Property means that you support the ability of that Property to mine. (This works like a DPoS.) The staker can earn a portion of the DEV that the Property has mined during the staking period. What are the rewards? Rewards in the Dev Protocol means for Property shareholders DEV earned on the outcome of the activity, and for stakers, the DEV received as interest. What is mining? Mining in the Dev Protocol means measuring the outcome of the activity associated with a Property and issuing new DEV based on the results. The total number of DEV is unlimited. But the higher the amount locked up by the Dev Protocol, the fewer new issued DEV there will be, and eventually zero. These algorithms are determined by the contract called Policy and can be updated by the will of the people.