Hello, dear Cent Community. This week, we distributed 204.75 HBD worth of delegation rewards. We've made significant progress in the BEED Token Project. Trading volume has finally begun to increase in the Hive/BEED market. We want to leverage this profitable impact and expand our work to the Swap.HBD token.
- Cent's reward pool has been updated. 4 new Cent tokens were being generated per minute. The number of new tokens generated has been reduced to 2 tokens per minute. Cent's maximum token supply has been reduced to 100 million. You can find more information here.
- We are still distributing rewards for Cent delegations at a 25% APR. This rate is quite high for a token with a maximum token count of 100,000,000. However, we will continue to implement this strategy for a while to create an incentive for more Cents to be staked.
- We have lowered the minimum expected return rate for the Leo Delegation Study to 7.5%. The LEO token reward pool distributes rewards in the average 4-6% APR range. This means that if a user stakes Leo and votes on content published on the Inleo.io frontend, they can earn an income at the aforementioned rate. We want to support Leo by offering a return above this. We also believe in the potential of the LEO token.
- The SPORTS Delegation Study has been paused. Only a few users remain participating in the study. We want to dedicate as much time as possible to our ongoing studies. Therefore, we do not want to drag out studies that do not generate demand for an extended period. Alternatively, you can obtain SPORTS tokens by participating in the Tribe Token Study.
- The HP and BEE delegation studies have fully stabilized. We continue to create competition through https://hive-engine.com/lease. We will continue to accumulate as much Hive and BEE tokens as possible and utilize these efforts to bring the Cent Project to better places.
- There are $415 worth of rewards in the Hive/Tribe liquidity pool. The current APR rate is 162%.
There are $416 worth of rewards in the Cent/Tribe liquidity pool. The current APR rate is 205%. - This week, we sent 181 HBD and 104 Hive to users who delegated their tokens to @centtoken.
The APR status in the Delegation Study is as follows; HP: 10%, BEE: 11%, CENT: 25%, LEO: 15%, SPORTS: 10%.
- There are $221 worth of LP rewards in the Hive/Trade liquidity pool. The current APR is 162%.
There are $395 worth of LP rewards in the Cent/Trade liquidity pool. The current APR is 151%.
- There are $580 worth of LP rewards in the Cent/Bee liquidity pool. The current APR is 52%.
There are $307 worth of LP rewards in the Cent/BEED liquidity pool. The current APR is 48%.
Previous report here. Follow @centtoken for the latest news and reports.