Key points are not available for this paper at this time.
Although assuming that doping creates holes primarily on oxygen sites, we derive explicitly a single-band effective Hamiltonian for the high-T₂ Cu-oxide superconductors. Cu-O hybridization strongly binds a hole on each square of O atoms to the central Cu^2+ ion to form a local singlet. This moves through the lattice in a similar way as a hole in the single-band effective Hamiltonian of the strongly interacting Hubbard model.
Zhang et al. (Tue,) studied this question.