Hello. 25 days ago, we added Blurt Coin to the Tribe Token Work). 20 days ago, I shared a call to action regarding the Tribe token. As you know, the rewards of the Tribe Token Work are distributed through the Cent/Tribe liquidity pool. Therefore, the work in question is also very useful for Cent Token. 9 days ago I announced that we started Cent Buybacks. We also continue to withdraw Cent from the market by utilizing BEED, Trade Token and Tribe Token studies.
Cent Tokenomics:
A total of 45,681,748 Cents were produced. 10,844,382 of these tokens were burned. There are 34,837,366 tokens in circulation. Last month, there was $14,800 worth of liquidity in Cent liquidity pools. This month's liquidity is $14,053. There was $58,345 worth of trading volume in liquidity pools. This month, there is a trading volume of $24,515.
The reward pool generates 4 new tokens per minute. This means that 5,760 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% writer rewards. All distributed rewards are paid in liquid form. 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 will return after 7 days.
Current Status in Liquidity Pools:
- There is $3018 worth of liquidity in the Hive/Cent liquidity pool. There was $8913 worth of trading volume last month. The current APR in the pool is 77%.
- There is $1164 worth of liquidity in the HBD/Cent liquidity pool. There was $1547 worth of trading volume last month. The current APR in the pool is 82%.
- The Cent/BEED liquidity pool has $1746 worth of liquidity. Last month's trading volume is $2931. The current APR in the pool is 113%.
- The Cent/BTC liquidity pool has $1233 worth of liquidity. Last month's trading volume is $1069. The current APR in the pool is 78%.
- The Cent/ETH liquidity pool has $555 worth of liquidity. Last month's trading volume is $522. The current APR in the pool is 114%.
- The Cent/Bee liquidity pool has $1808 worth of liquidity. Last month's trading volume is $1693. The current APR in the pool is 128%.
- The Cent/Leo liquidity pool has $1014 worth of liquidity. Last month's trading volume is $1202. The current APR in the pool is 89%.
- There is $996 worth of liquidity in the Cent/Pob liquidity pool. The volume traded last month was $2471. The current APR in the pool is 98%.
- There is $1190 worth of liquidity in the Cent/Tribe liquidity pool. The volume traded last month was $1020. The current APR in the pool is 98%.
- There is $1329 worth of liquidity in the Cent/Trade liquidity pool. The volume traded last month was $3147. The current APR in the pool is 69%.
- There is $1464 worth of liquidity in the Hive/Trade liquidity pool. The volume traded last month was $3409. The current APR in the pool is 94%.
In summary; The first quarter of 2025 saw a generous distribution of Cents through liquidity pools and reward pool. Starting from the second quarter, we will focus more on efforts to burn more tokens and withdraw more Cents from the market. We will focus more on efforts to encourage Cent staking and burning. In the delegation effort, we are still keeping the reward rate paid for Cent Delegations at 25% APR. Only the management team votes on burn posts with 9,500,000 Cents staked/delegated. In total, we burn at least 50,000 of the tokens produced monthly.
You can access the previous month's token status report here. See you again. Stay tuned.
Author: @anadolu