Hello everyone. I hope you are well. This week, we will present the monthly report and the weekly report combined. On April 20, Cent's reward pool started generating 3 new tokens per minute. Before the mentioned date, 4 new tokens were generated per minute. We previously announced that we had started Cent buybacks. We also continue to withdraw Cent from the market through various methods.
This week, users who delegated tokens to @centtoken were sent 55.2 HBD and 39 Hive. There is no change in the APR rates offered in the Delegation Study. The current APR in the Cent/Tribe liquidity pool has increased to 125%. We have resumed reward distribution in the Cent/Bee and Cent/BEED liquidity pools, whose reward distribution period ended 15 days ago.
Cent Tokenomics:
A total of 47,424,903 Cents were produced. 10,896,464 of these tokens were burned. There are 36,528,439 tokens in circulation. Last month, there was $14,053 worth of liquidity in Cent liquidity pools. There is $17,830 worth of liquidity this month. There was $24,515 worth of trading volume in the liquidity pools. There is $46,684 worth of trading volume this month.
The reward pool generates 3 new tokens per minute. This means 4,320 tokens are generated per day and 1.576.800 tokens 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 down, 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:
- Hive/Cent liquidity pool has $3822 worth of liquidity. Last month there was $19203 worth of trading volume. The current APR in the pool is 60%.
- HBD/Cent liquidity pool has $1359 worth of liquidity. Last month there was $2892 worth of trading volume. The current APR in the pool is 69%.
- Cent/BEED liquidity pool has $726 worth of liquidity. Last month there was $4051 worth of trading volume. The current APR in the pool is 53%.
- Cent/BTC liquidity pool has $1685 worth of liquidity. Last month there was $2558 worth of trading volume. The current APR in the pool is 57%.
- Cent/ETH liquidity pool has $1112 worth of liquidity. There was $1,765 worth of trading volume last month. The current APR in the pool is 56%.
- There is $1,479 worth of liquidity in the Cent/Bee liquidity pool. There was $3,288 worth of trading volume last month. The current APR in the pool is 48%.
- There is $1,492 worth of liquidity in the Cent/Leo liquidity pool. There was $2,229 worth of trading volume last month. The current APR in the pool is 60%.
- There is $1,486 worth of liquidity in the Cent/Pob liquidity pool. There was $1,501 worth of trading volume last month. The current APR in the pool is 65%.
- There is $1,262 worth of liquidity in the Cent/Tribe liquidity pool. There was $2,970 worth of trading volume last month. The current APR in the pool is 124%.
- There is $1422 worth of liquidity in the Cent/Trade liquidity pool. There was $2252 worth of trading volume last month. The current APR in the pool is 65%.
- There is $1585 worth of liquidity in the Hive/Trade liquidity pool. There was $3975 worth of trading volume last month. The current APR in the pool is 96%.
There is approximately one month left until the reward distribution period in the Cent/Tribe liquidity pool is completed. A Hive/Tribe liquidity pool will be created shortly. We will carry the strategy we implemented in the Trade Token study to the Tribe Token Study. We will start distributing the Tribe token Study rewards through this new liquidity pool. You can access last week's work report here. You can access last month's token status report here. See you again. Stay tuned.
