As you might know, the only way to actually earn CTPSB tokens is to provide liquidity in the Liotes Diesel Pool LEN:LENM. If you provide liquidity there, you will get some CTPSB tokens every day as a reward. There are also other reward tokens in this pool like LEN and SWAP.BTC. Smaller tokens have also been added but these three tokens carry the most weight in the reward pool.
Most of the time, the return for providing liquidity is decreasing over time either because more funds are added as liquidity or because the reward tokens lose value over time. This is not the case for the pool LEN:LENM. The return for liquidity providers is very stable between 20 and 23% APR. The tendency is rather to go up than down. CTPSB plays a big role in this, why?
When CTPSB is added as a reward, it's actually a token that not only keeps its value well, it's even gaining in value at a rate of about 14% APR. This means that just by adding this token to the reward pool, it makes sure that within the reward pool, the value accumulates without adding new tokens. This can set off more liquidity in the pool or even drive return up when the liquidity stays stable. Therefore CTPSB is a great token to add to any diesel pool rewards.
The numbers of this week
| Assets | Amount | Increase over last week |
|---|---|---|
| Hive Power | 33535 | +83 |
| Tokens in circulation | 9261 | -2 |
| Burnt tokens | 2237 | +2 |
| Token value | 3.621 | +0.01 |
| APR | 14.5% | 0.0% |
Learn more about the CTP Swarm Booster:
A project run by @liotes