Hello dear Cent Community. The cryptocurrency market has started to revive with the effect of the news of the US central bank's interest rate cut. This situation has also caused an increase in volume and liquidity in cryptocurrencies in Hive-Engine. Two days ago, the increase in transaction volume in Cent's liquidity pools was mentioned. 'Hive-Engine Investments Study' continues quite efficiently. We distributed rewards to users who made Cent delegations with 24% APR this weekend. Within the scope of this study, we distribute 4-6 HBD weekly. We distributed rewards in the range of 15-20 BEE to users who made market maker transactions in the Hive/Cent market. We are increasing the distribution rate even more starting from the middle of this month.
This week, within the scope of the 'Hive-Engine Investment Study', we activated the token named TRADE. 3,000 tokens were produced. 730 tokens were set aside to be added to the liquidity pool for LP reward distribution. We hold about 500 Trade tokens for market maker transactions. The remaining approximately 1775 tokens were sold via the Hive/Trade market. We covered the costs of token creation, liquidity pool creation, and initiation of the distribution of liquidity provider rewards from this sale. (100 BEE, 1000 BEE, 100 BEE: +-540 Hive) We added approximately $275 worth of LP rewards to the Hive/Trade liquidity pool. (Current status: 72 SWAP.HIVE, 4,918 BEE, 720 TRADE, 35,504 CENT, 2,472 POB, 14 SWAP.DOGE, 44 BBHO, 6,885 WAIV, 6,907 LEO) Current APR in the pool is 43%.
The current status of the @centtoken account is as follows:
There are 850 Hive in liquid form in the account. There are 1,310 Hive staked. There are 37,250 HP leased. We have stopped the lease transactions due to excessive increases in expenses. We will carry out our HP management strategy with different studies.The current status of the tokens in the account is as follows:
There are 20 HBD, 300 Doge, 232 Bee, 39,400 Pob, 3,400 Sps, 65 Drip, 23,000 Dec and 550 Bbho. There are 670 liquid + 500 staked Leo. There are also 100,000 Leos taken from the Leofinance account. 100,000 Cent were delegated to the Leofinance account.
There are 1,140,000 Cents delegated from various accounts. In addition, the account has 640,000 Cents staked. The above data does not include buy/sell orders entered in the token markets. In addition, since trading and investment transactions are made continuously, the amounts are constantly changing. You can follow the current status at Hive-Engine.com and Peakd.com. Our previous report here. Follow @centtoken account for current news and announcements.
