Hello again. The volatility rate in the cryptocurrency market has increased. Usually after volatility and high trading volume comes the trend start. There has also been a lot of volatility in the Hive price lately. For now, there is a price action in the range of $0.8-1.
We announced a while ago that we've increased the minute coin supply in Cent's prize pool to 5. Those who bet and voted for Cent in the past earned +100% APR. We've reduced the minute coin supply in the prize pool to 3. Because of this, Cent earnings may drop slightly on your voting transactions. We are trying to keep profit rates high. However, we should also attach great importance to price stability.
As you know, CENT Token targets a price of $0.01. There will be no problem in making fluctuations close to the said target. In order not to stray too far from the target price, use the prize pool, liquidity provider rewards, etc. necessary adjustment should be made. We will continue to make changes. See you in new posts. Stay tuned.
Great news for cent token, stability is a good thing !! !PIZZA
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Thanks for the comment. I agree. We continue to work for stability.
Sounds like its a good time to buy some Cent to me.
If you are considering buying due to the change in token supply, there is no need for it. It will return to normal after a while. However, you can buy when the price drops below $0.01. You can then make a profit by selling above $0.01.
That's a god 💡 idea @centtoken thanks for the insight
Let's give it a try @esecholo let's hope for the best
Cool Maintaining price stability is awesome. Also the curation APR could be maintained within a safe range too.
Kudos.
Thanks for the comment. The APR rate is still high compared to most tribal tokens. I hope the market calms down soon.
I also noticed a drop in my vote value. Now, I got it.
Thank you for your understanding. It will return to normal after a short while. However, we can expect the number of Cents you earn to decrease due to increased votes as new bookies increase.
That is understandable. I think that's a normal part of the life cycle of a token.
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Great news for CENT token holders! Tweaking of tokenomics is the key to stability... Good job!
Posted Using LeoFinance Beta
Thank you very much for expressing your views. We hope that the stability will continue. We continue to work to achieve this.
Yay! 🤗
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How about a !BEER to go with that pizza?
Thank you :)
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BEER.Hello, cent is a nice token. I have 1450 cent and one like value was 1.7 now 0.9 . I hope everything is okay .
Hello. There is nothing wrong. To increase the stability of the token price, the token supply has been reduced. The change in your vote is due to this.
Thanks for the notification, good luck with your work.👏
Thanks. And good luck to all of us. We have many more goals. We are working to make progress in a balanced way.
🤝👏Your work and efforts have always been beneficial. I am sure that you will get closer to your goals. Good luck to all of us. Best regards👏🙏
Thanks for the information @centtoken we hope and support the best innovative
Good time to buy cent token?