This week we have reached a milestone with the CTPSB project. The project owns now more than 20'000 Hive Power!
Since the project was born in October 2020, it has grown constantly. There were several components in this growth. First it's the purchase of CTPSB tokens. The money that has flown into the project thanks to token sales gave the first impulse. For quite some time however hardly any new tokens have been emitted. Therefore the project mainly grows organically thanks to curation and author rewards. Thanks to the delegations, the rate of growth is at around 71.5 % per year at the moment.
As of today, the @ctpsb account has 20'018 owned Hive Power and 32'670 Hive Power are delegated to the project. These are more than 52'000 Hive Power to support the authors of the CTP community!
Dividends and return for delegators
We have worked recently quite hard in bringing stability and value to the CTP token. More value to this token means that our delegators get also more return on their hive delegation! We have paid today a total of 2210 CTP tokens weekly dividends to the delegators of this project. This is a return of 11.5% which lies above the curation rate on hive that is around 10% at the moment. Because of higher CTP prices, the number of CTP tokens per Hive delegated is a bit lower this week but the value distributed is actually higher than before.
The numbers of this week:
CTP Power Up Challenge
Let me just remind you that on December 1st we will start the next CTP Power Up Challenge!
Learn more about the CTP Swarm Booster:
@achim03, that's really good news.
The more it grows, more it can help the CTP community.
That's true. It's a kind of positive feed-back look. The more money flows into it, the more everybody profits from the according upvotes.
That is great news I have noticed that CTP does seem stronger these last few months, but I have always been a fan, I think I am a bit biased lol :-D
We are working hard in the background to bring value to CTP ;-)
Hey just linking my wax wallet as instructed 2kris.wam
Your adresses have been linked. Thanks!
This project is growing by leaps and bounds. Really nice to see the progress. Thanks for sharing the update, Achim!
Thanks a lot for your support Lisa!
You're welcome, Achim! Enjoy your day!😀
Made in Canva
Hi, I wanted to know if delegating my CTPs to this account returned liquid CTPs to me
We pay dividends only on Hive Power delegations. It's possible to delegate CTP tokens to @ctpsb but there are no payments for it.
Okok thank you very much for the information, and thanks for your availability
Strong milestone reached and as the account gets bigger and bigger will eat from the market and gather more HIVE Power. Congrats and keep on going, the journey just begins!
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The more Hive Power, the more curation rewards and more powerful upvotes to the community :-)
Awesome post thanks for sharing will be checking out the CTPSB Website today looking to get more involved.
It's a nice project and it can be quite helpful to grow on this blockchain :-)
Congratulations, it's a great milestone to reach. I am just stacking more CTP for the CTPSB challenge.
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Thanks. Hope you are putting all these CTP tokens aside for december ;-)
Congratulations 🎉
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Thanks a lot!
Super awesome achim! Very well done. It is clear that the tokenomics you designed have worked really well to create value for everyone in the swarm.
Often, the ctpsb upvote is the biggest or second biggest upvote I get on my posts. Thanks for all the work you put in to create value for us all.
The ctpsb account is a great tool to help the whole community to grow. It's nice to see how many people are actually owning part of this project through CTPSB tokens.
That’s awesome indeed. Perhaps I’ll make a goal for next year to get some more ctpsb tokens
Just hearing about the project today, please can you give me step for me to participate in the ctp power up on the 1st December
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We will make a starting post on 1st of December. You will only have to make a screenshot of your actual CTP stake. This will be your starting point. At the end of the challenge we will see how many tokens you have managed to stake. The more you stake the better :-)
Thank you
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Thanks a lot for the support!