Hello again dear Cent Community. Welcome to our monthly announcement where we publish data about the current status of Cent's tokens. Last month was a month where Cent was stagnant in terms of price. However, it was quite successful in terms of yield. We continue to burn in the background. More than twenty thousand Cent were burned in the last month. Liquidity and trading volume continue to increase in all our liquidity pools. The current APR in the liquidity pool with the lowest yield is 56%. The reward pool continues to operate stably. The current APR for curators is 20%-23%
- The reward pool generates 4 new tokens per minute. This means 5760 tokens are generated per day and 2,102,400 tokens per year. The generated tokens are distributed as 50% curator and 50% author rewards. If the author uses a community other than Cent's community page when publishing content, a portion of the author rewards goes to the @centtoken account. 50% of the distributed rewards are automatically staked. If you initiate a power-down, your tokens will be paid out within 28 days (in 4 installments). If you withdraw a Cent delegation, your voting power will return after 7 days.
- There are 16,290,276 tokens in circulation. 50.5% of the tokens in circulation (8,227,667) have been staked. 31.6% of the tokens in circulation have been added to liquidity pools. That means approximately 5,150,000 Cents are in liquidity pools. 1,725,000 Cents have been added to liquidity pools to be distributed to liquidity providers. The remaining 1,190,000 tokens may be liquid in wallets. Or they may be waiting for a sell order in the Hive/Cent market.
You can access the previous report here. So far, we have given a lot of importance to liquidity pools. We still care about liquidity pools. As mentioned in the last reports, we are working to increase the amount of staked Cent. Power UP events continue. We started the study called 'Cent Delegations' a week ago. New studies and events are on the way. Follow @centtoken. See you.
Posted Using InLeo Alpha
Cent was STABLE in terms of price. Once a stable value is established, it can increase at a new stable value until it achieves it's TRUE stable value.
Wow, 50% staked is fantastic! Out of 16M tokens, 8M staked, 5.1M in pools and only 2.9 liquid elsewhere.
Thanks for sharing your thoughts. The next goal will be to increase the amount of Cents in liquidity pools. And we have started working on powering up or burning Cent.
How do I earn curator rewards ?
Power up some tokens at https://hive-engine.com/. Then you can earn curation rewards by voting for content with the #cent tag.
$CENTS making cent$ and sense! !BBH !DOOK
You just got DOOKed!
@pepetoken thinks your content is the shit.
They have 85/400 DOOK left to drop today.
Learn all about this shit in the toilet paper! 💩
Thank you. We hope Hive-Engine will regain its former popularity. The success of all projects depends on it.
@centtoken! @pepetoken likes your content! so I just sent 1 BBH to your account on behalf of @pepetoken. (50/100)
(html comment removed:
)