About Cent/Centg Liquidity Pool

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(Edited)

Hello friends. I'm around all the time. I follow the community. But I can't find much time to produce content or comment. There are main reasons for this; If you stop writing for a while, it becomes harder to start again as time goes by. Writing is an active pursuit. It is twice as difficult as reading and listening. Another reason is that most of my life in front of the screen is spent trading and examining charts. News tracking, analysis etc. work is extremely boring and tiring. I took a look at the last posts I made. And I noticed that there were posts mostly related to the Cent project. So I didn't share unless it was necessary. What laziness :) I hope that I will soon start sharing personal content and content related to my interests. I should at least start commenting on the content I like. Anyway. Let's get to our topic.

Recently, we announced our strategies regarding the project on the @centtoken account. The reward distribution period in liquidity pools has ended. We have reactivated reward distribution for liquidity providers. Three liquidity pools are very important to us; Hive/Cent, HBD/Cent and Hive/CentG pools. We will continue to keep these pools in mind. The Cent/CentG liquidity pool is a pool that can be considered the backbone of the project. Users should be able to switch between governance token and Cent at any time. Additionally, Cent/CentG is our liquidity pool with the most liquidity. We restarted the distribution of liquidity provider rewards in this pool. Some rewards have been added to the pool. More rewards will be added. The current liquidity status in the pool is as follows; There is $2713 worth of liquidity. 1,115,000 Cent and 349 CentG. The current APR on the pool is 47%.
Ekran görüntüsü 2023-12-24 134831.png
We continue to work on the Cent project. One of our main goals is to increase the value of Cent to the targeted $0.01 value in the coming bull season. We will continue to actively develop strategies for this. I will share another event announcement shortly. See you in new posts. Stay tuned.

cent centg hive-engine tribes leofinance proofofbrain hive-173575
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15 comments
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Good to see you posting again! I hope your trading has been fruitful, it has been testing for longs and shorts alike I think.

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Thank you. Trade transactions are going very well. If the bull season comes as expected, the coming months will be positive for cryptocurrency investors. I hope Hive adapts to this positive situation. I plan to share the data about the cryptocurrencies I follow here in the coming period. How are you doing in Hive?

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I look forward to seeing that data. I am doing good on Hive, posting regularly and growing to 100kHP.

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Congratulations. There is very little left to reach your goal. I'm also trying to accumulate as much liquid Hive as possible.

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Yes, it is very handy to have enough HP! The Hive/BTC chart doesnt look good though. Do you have any forecasts for Hive?

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In the investment space, Hive is still popular. However, unfortunately, it lost its popularity in the field of trade. Trading volume is constantly decreasing. Since it is staked at a significant rate, the loss of value is low. But the 20% APR on HBD staking continues to suppress the Hive price. If trading volume and price volatility start to increase, it could make Hive more popular. Also, following the Hive/BTC parity may mislead us. Very little of the transaction volume is in BTC. It would be wiser to follow the USDT parity or KRW parity instead. I hope Hive regains its former popularity.
Ekran görüntüsü 2023-12-23 085448.png

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Thanks for the insights. I agree, the 20% hbd interest is a huge drag on the hive price. I hope common sense will prevail soon.

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If you stop writing for a while, it becomes harder to start again as time goes by. Writing is an active pursuit. It is twice as difficult as reading and listening.

Lack of motivation too is a factor. After writing about Jethro's Advice, I am stuck with a difficult passage and I am at a loss how to continue. Thinking of skipping the chapter and going straight to the Moral Law.

Another reason is that most of my life in front of the screen is spent trading and examining charts. News tracking, analysis etc. work is extremely boring and tiring.

I also tried this for quite some time and then I lost interest. 🤣

Three liquidity pools are very important to us:

  • Hive/Cent

  • HBD/Cent and

  • Hive/CentG

I still don't have the second pool.

One of our main goals is to increase the value of Cent to the targeted $0.01 value in the coming bull season. We will continue to actively develop strategies for this.

It will be great to see once $CENT recovers that intended price.

Merry Christmas and a Blessed 2024!

!BBH

!PIZZA

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