Hello again. It has been about three months since CENT Token was created. We've made a lot of progress. Our first liquidity pool, the Hive/Cent pool, was activated. Cent rewards are distributed to those who provide liquidity. The prize pool is active. During the introduction of the token, I also announced that I would explain "how to earn with Cent". This post will be about that topic.
You can earn Cents by producing and curating content. Use the 'cent' tag in your posts. Or produce content on the Cent community page. You will earn more if you post from the community page or using the frontend. Also curate by staking some CENT.
The curator calculates.
When you use the cent hashtag, there are many curated accounts that vote for the quality of your content when you post from the community. I also staked some tokens on @anadolu account. I vote according to likes for users who stake a certain amount of CENT. We can say "our staking rewards are starting to be active" 😀
The first liquidity pool, the Hive/Cent pool, continues to distribute liquidity rewards. All you have to do is add some Hive and Cent to the pool. More liquidity pools will be created. Thus, it will be possible to trade in various pools and earn liquidity provider rewards.
You can trade in the Hive/Cent market. Cent's price doesn't fluctuate much. However, due to price changes in Hive, Cent's price against Hive constantly changes. Thus, you can earn profits by trading in the market and liquidity pools.
Market maker orders.
As we mentioned earlier, the CENT price does not fluctuate much. However, due to Hive's depreciation/appreciation, Cent's price against Hive also changes. Enter buy and sell orders with a certain amount of space. Thus, as the price changes, your orders will be executed and you will earn profit.
You can take advantage of price differences in liquidity pools and hive/Cent market. For now we have a liquidity pool. Price differences may occur in the Hive/Cent liquidity pool and the Hive/cent market. For example; While the price is very high in the liquidity pool, it can be very low in the market. Or vice versa. You can take advantage of such arbitrage opportunities.
To summarize; There are many ways you can earn with Cent. And more will be added to these. Our goal is to make Cent a widely usable token with high liquidity and trading volume, satisfactory and consistent earnings rates. I hope we succeed. Work continues for this. See you.
For more information about CENT Token: