Weekly Delegation Report (December 7)

in Cent6 months ago (edited)

Delegation Works has proven its efficiency and reached a certain maturity. The lower limit for Cent delegations has been increased. We are now distributing rewards to users who delegate 20,000 or more Cents. For now, we are using the lower limit of Leo, Cent and Pob worth 500 Hive, 500 Bee and 100 Hive in delegation work. The reason we use a certain lower limit is so as not to undermine the work of users who do similar work and that the reward payments are made manually. As Delegation Works become more popular, the delegation lower limit will be increased for all tokens.

This week, we paid 41.3 HBD, 54 Hive and 8140 Cents as rewards within the scope of Delegation Works.



  • Bee Delegastions:
    We received a total of 1500 Bee delegations. We set the reward distribution APR to 20% for users who delegate 500 or more to @centtoken. An average of 10% of the rewards will be paid out daily/Hive. The rest will be paid out as 10% APR Cent. Please check the terms here.
    @nrg 1000 BEE 149 Cent
    @cookaiss 500 BEE 74 Cent



  • Pob Delegadtions:
    We received a total of 50000 Pob delegations. We set the reward distribution APR as 22% for users who delegate 10.000 Pob and more tokens to @centtoken account.
    @anadolu 50000 POB 0.83 HBD

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Thanks! Days are so fast! Another 0.16 HBD!

!BBH

!PIZZA

Thank you.

!BBH !DOOK

Great gif(u) man! !BBH !DIY !DOOK

@bradleyarrow! @pepetoken likes your content! so I just sent 1 BBH to your account on behalf of @pepetoken. (4/100)

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@pepetoken just sent you a DIY token as a little appreciation for your comment dear @bradleyarrow! Feel free to multiply it by sending someone else !DIY in a comment :) You can do that x times a day depending on your balance so:

Don't be shy - share some DIY!

You can query your personal balance by !DIYSTATS

Thank you :)

Very happy! Hope to see this continue 🔥

Good luck. I hope we can make it better.

Super happy so far! Keep up the good work

Amazing!! It keeps getting better!
<3

Thank you. I hope we can make it better.

!DUO


You just got DUO from @rainbowdash4l.
They have 2/2 DUO calls left.
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Time to undelegate Cent I can see.

We set the reward distribution APR as 25% for users who delegate 20.000 Cent and more tokens to the @centtoken account.

That does seem pretty steep. But 25% apr is pretty good, might be worth it.

Alright. Guess I am back to delegating! Haha
You are crazy, thanks man! :D

100% a good APR for people who have 20k cent.
I don't have 20k cent.

As mentioned in previous reports, we burn around 12,000 Cent per month. This amount was much lower than we expected. We want to get as many delegations as possible and burn as many Cent as possible. This is one of the reasons why we increased the APR.

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Thanks for your contributions so far. We have been talking about increasing the lower limit in reports for about a month now. We think this is necessary for the efficiency of the Cent Project.

I know I know, there is just too many things to use your hive for on hive :P

Anyways. @ironshield gave me the reest up to 20k, so as soon as I have gotten them back from my delegation, I will delegate it back to centtoken :D

Fantastic numbers thanks

oh wow, 20k CENT. that's plenty !PIMP !BBH

One of the reasons we raised the minimum and kept the rewards APR high is because we aim to burn more Cent. We burn an average of 12,000 cents per month. And that's less than we expected.

regarding I do not have that amount, I will try to participate with different delegation
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Thank you for the HBD! !BBH

Thank you. Great to see all the delegations and rewards. !BBH !DIY !DOOK

@centtoken! @bradleyarrow likes your content! so I just sent 1 BBH to your account on behalf of @bradleyarrow. (13/100)

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Check out our last posts:

Our Hive Power Delegations to the November PUM Winners
Feedback from the December Hive Power Up Day
Hive Power Up Month Challenge - November 2024 Winners List

@centtoken! @arlenec2021 likes your content! so I just sent 1 BBH to your account on behalf of @arlenec2021. (1/1)

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@centtoken! @dewabrata likes your content! so I just sent 1 BBH to your account on behalf of @dewabrata. (1/1)

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@centtoken! @ironshield likes your content! so I just sent 1 BBH to your account on behalf of @ironshield. (5/100)

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@centtoken! @pepetoken likes your content! so I just sent 1 BBH to your account on behalf of @pepetoken. (3/100)

(html comment removed: )

@pepetoken just sent you a DIY token as a little appreciation for your post dear @centtoken! Feel free to multiply it by sending someone else !DIY in a comment :) You can do that x times a day depending on your balance so:

Don't be shy - share some DIY!

You can query your personal balance by !DIYSTATS

PIZZA!

$PIZZA slices delivered:
@arlenec2021(1/5) tipped @centtoken