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RE: Current Situation in Cent's Liquidity Pools (May 2024)

in Cent • last month

. . . one of the criticisms about the Cent Project was that "the APR rate in Cent pools is higher than the average of other Hive-Engine pools."

Is it because the critics think that such a high APR is unsustainable?

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    Yes. Similar reasons. However, this point is missed; The amount of liquidity we expect, especially in Hive and HBD pools, is many times higher than the current situation. Hive-engine has not received much attention in the last few years. The interest rate in the HBD Savings section also has a big impact on this. As a result, we will maintain our current APR strategy until we get close to our target liquidity amount.

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    @centtoken! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @rzc24-nftbbg. (1/1)

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