1373 CTP distributed this week

in The CTP Swarm • 3 years ago

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This is the second time that delegators to the @ctpsb account received dividends. This week, they received 0.044 CTP per Hive delegated. Which, with actual CTP prices represents a yearly return of more than 13%. We are getting closer to what is paid on dlease.io and the ctpsb project becomes a nice alternative to delegate Hive Power.

450 CTP tokens bought and 440 CTP token burned

50% of the curation rewards of Hive-Engine tokens are used to pay the dividends to the delegators. The biggest chunk comes from CTP tokens but there also other tokens that are generating curation rewards. 50% of these curation rewards were staked and 50% were sold. With the proceeds, we managed to buy 450 CTP tokens. @jongolson is the creator of the CTP token and biggest delegator to the @ctpsb project. He burnt all his 440 CTP dividends.

Thanks to the CTPSB project, we create demand for the CTP token and also reduce the supply by burning a part of the dividends.

CTPSB token is above 55% APR

Thanks to the dividends that are paid on delegations, we got some fresh delegations to the @ctpsb account and each delegation is leveraging the curation rewards of the account. Thanks to that we managed to increase the APR from 50% to 55%. The token value is now of 1.111 Hive which is more than 9% higher than when the token was emitted 61 days ago.

Learn more about the CTP Swarm Booster:

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3 years ago in The CTP Swarm by
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    • [-]
     3 years ago  

    Forget the rise of Bitcoin, CTPSB is way better 🤣
    Amazing growth!
    Let's keep pushing!

    [-]
     3 years ago  

    Forget the rise of Bitcoin, CTPSB is way better
    Oh you are so right LOL. At least its a great thing as well :-)

    Thanks for your support!

    [-]
     3 years ago  

    Wow I doubled my reward from my delegation in one week.
    This is great. Then I pay back 10% of it to the CTPSB. ;)
    The CTPSB account has grown it's ctp token holdings by 17% this week.
    So it's going strong all over.

    [-]
     3 years ago  

    The project is definetely getting stronger and stronger and growing on all fronts. I've managed to automatize the voting for the hive-engine tokens and I believe it will increase even more. At the same time the account is growing it's stake in all the coins.

    Thanks a lot for your support!

    [-]
     3 years ago  

    The gift that keeps on giving!

    Great stuff man...Looking forward to seeing CTPSB continue to grow....Just went and bought some more :)

    [-]
     3 years ago  

    This is really exciting. I bought some Index tokens and will continue to buy them gradually with the @ctpsb account. This will be another source of income for the delegators.

    [-]
     3 years ago  

    That is great! The dividends are a bonus to everything else within the CTPSB project. :) It is also good to see it rising in value as well...that means you're definitely on the right track...

    So happy to see this thriving as much as it is. I don't doubt it will continue. Let's see what next week brings! Woo hoo :)

    Have an amazing week, Achim & thank you again!🧡

    [-]
     3 years ago  

    Let's see what next week brings! Woo hoo :)

    I tell you I'm quite excited each week to see how many dividends I will be able to pay out LOL

    Thanks a lot for your comment!

    [-]
     3 years ago  

    I think that the next week HP delegators will receive over 20% ROI on their delegation paid in the CTP tokens!

    And it's impressive to see that the value of the CTPSB token actually went above 55% APR... I would say that nobody expected that... :)

    Great job!


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    This post is AWESOME!

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    [-]
     3 years ago  

    I think that the next week HP delegators will receive over 20% ROI on their delegation paid in the CTP tokens!

    I don't know whether we will reach 20% but I believe it will still grow:-)

    And it's impressive to see that the value of the CTPSB token actually went above 55% APR... I would say that nobody expected that... :)

    Honestly I thought that with time the APR would go down little by little but thanks to the idea with dividends on the delegations, this went actually up! I didn't expect it either LOL

    Thanks a lot for your comment!

    [-]
     3 years ago  

    Congratulations @ctpsb! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

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