Diving Deeper into the CENT Pools

in Paper in my Pocket15 hours ago

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This post is not financial advice.

I have decided to unstake the CENT that is stake don the tip bot account so i can put those CENT into the various CENT LPs.

I want to essentially earn enough CENT in the tip bot account to replenish itself. It's still well stocked, well over a year's worth of tip distributions.

I did this with @pixydust but with HSBIDAO. I am making enough on this account on average between the LP earnings and posts, but I want to see what it will take to earn enough on the tip bot account.

The first goal is to receive 60 CENT tokens per day which is more than the average daily distribution right now. I may move some CENT around from this account into that as well as the token pair to help build the tip bot account more quickly.

Yes, I could just buy the CENT but I like these building strategy challenges. It's...oddly fun for me. I will be transferring most of the CENT this account receives to the tip bot to help build it faster. I will most likely buy/swap some tokens for some CENT as well.

I'm not sure how long this will take and I'm not in a rush, just letting you all know what I am doing.

I will write updates from time to time.

Which CENT pools do you think I should dive into? Or more specifically which earn more CENT I suppose is a better question.

if you have a favorite please let me know in the comments.

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I do like CENT!

Yeah, CENT is awesome !UNI !PIXY

I'm in most of the CENT pools, both on my own account, and on two community accounts, and they've always been among my favorites. Due to the recent Hive-Engine hack, I would avoid the CENT:SWAP.ETH and the CENT:SWAP.USDT pools. The CENT pool that seems to offer the most CENT seems to be CENT:BEED, but the reward distribution periods are quite short, so that changes often. 😁🙏💚✨🤙

Yeah I don't really hold a lot of "swap" tokens except swap.hive and a little HBD. I will likely get into most of the CENT pools eventually :) !BBH !UNI