Hello dear Cent Community. We have completed the first half of the year. Last month, we reduced the amount of Cent circulating in the market by approximately 2 million. In the coming period, we will try to reduce the amount of Cent distributed in liquidity pools as much as possible. In particular, we will try to distribute as many counter tokens in the pool as possible using the TRADE Token Study.
Cent Tokenomics:
A total of 58.945.630 Cent were generated. 20.284.571 (@null) of these tokens were burned. There are 38.661.059 tokens in circulation. Last month, there was $17,873 worth of liquidity in Cent liquidity pools. This month, there is $15.048 worth of liquidity. There was $66.228 worth of trading volume in liquidity pools. This month, there is $33.786 worth of trading volume.
The reward pool generates 4 new tokens per minute. This means 5760 tokens are generated per day and 2,102,400 tokens are generated per year. The generated tokens are distributed as 50% curator rewards and 50% author rewards. All distributed rewards are paid in liquid form. 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. If you initiate a power outage, your tokens will be paid out within 28 days (in 4 installments). If you withdraw a Cent delegation, your voting power returns after 7 days.
Current Status of Liquidity Pools:
- There is $2994 worth of liquidity in the Hive/Cent liquidity pool. There was $13309 worth of trading volume last month. The current APR in the pool is 49%.
- There is $1383 worth of liquidity in the HBD/Cent liquidity pool. There was $3083 worth of trading volume last month. The current APR in the pool is 43%.
- There is $695 worth of liquidity in the Cent/BEED liquidity pool. There was $1441 worth of trading volume last month. The current APR in the pool is 60%.
- There is $1,254 worth of liquidity in the Cent/BTC liquidity pool. There was $1465 worth of trading volume last month. The current APR in the pool is 50%.
- There is $618 worth of liquidity in the Cent/ETH liquidity pool. There was $548 worth of trading volume last month. The current APR in the pool is 68%.
- There is $1,288 worth of liquidity in the Cent/Bee liquidity pool. There was $1,856 worth of trading volume last month. The current APR in the pool is 65%.
- There is $1,140 worth of liquidity in the Cent/Leo liquidity pool. There was $1797 worth of trading volume last month. The current APR in the pool is 50%.
- There is $935 worth of liquidity in the Cent/Pob liquidity pool. There was $860 worth of trading volume last month. The current APR in the pool is 68%.
- There is $1474 worth of liquidity in the Cent/Tribe liquidity pool. There was $3083 worth of trading volume last month. The current APR in the pool is 52%.
- There is $1379 worth of liquidity in the Cent/Trade liquidity pool. There was $2097 worth of trading volume last month. The current APR in the pool is 52%.
- There is $1461 worth of liquidity in the Hive/Trade liquidity pool. There was $2713 worth of trading volume last month. The current APR in the pool is 114%.
- There is $427 worth of liquidity in the Hive/Tribe liquidity pool. There was $1534 worth of trading volume last month. The current APR in the pool is 100%.
Last month's report is here. Follow @centtoken for new reports and news.
