Which Cent Pool Should Enable Liquidity Provider Rewards?

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(Edited)

Hello dear friends. Due to my exams, I couldn't spare time for the community for a while. I will be active until exam season starts again.

As you know, Hive-Engine has five Cent Token liquidity pools. Recently, the liquidity provider rewards distributed in these pools have expired. We have re-enabled LP rewards in Hive/Cent and Cent/CentG liquidity pools. Over time, liquidity provider rewards will be reactivated in all liquidity pools. We are considering activating LP rewards in a liquidity pool in the coming days. The liquidity and trading volumes in the existing pools are as follows:

  • HBD/CENT: There is $210 worth of liquidity. On the last day, a transaction volume of $ 42 was realized.
  • CENT/LEO: $230 worth of liquidity. In the last day, a trading volume of $ 53 was realized.
  • CENT/POB: $291 worth of liquidity. In the last day, a trading volume of $ 63 was realized.

You can check the latest status at https://tribaldex.com/dieselpools/pools and https://beeswap.dcity.io/swap?pools&search=cent. In which liquidity pool do you think the liquidity provider rewards should be reactivated? You can suggest one of the HBD/CENT or CENT/LEO or CENT/POB pools. Thank you for your answers in advance. See you later.

cent liquidity defi hive-engine leofinance proofofbrain neoxian tribes hive-173575
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24 comments
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I was actually thinking of buying a portion of cent and staking it.

Tell me can you tip with cent?

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Hello. A little tip would be nice but that would be unfair to other community users. If you use the 'cent' tag in the content you share, I can vote.

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I am not really sure which one should. Because I am not really into the diesel pool. I still go normal route when trading HE token through tribaldex.

anyway, all the best on your exam. sending some !LUV

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Thank you very much for your good wishes. It will be more profitable to trade from liquidity pools. In liquidity pools, the slippage in prices is less.

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really? well I should try that sometimes in the future when I have token to sold, or when I want to buy more Cent.

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I would recommend this for all tokens with low trading volume, not just Cent. You find more liquidity in the pools when buying or selling. Unfortunately, the volume/liquidity in market pairs is very low, except for the first line tokens on the https://tribaldex.com/tokens page.

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My preference is HBD/CENT

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Thank you for the answer. The rewards in the remaining pools will be activated in a short time. Let's see which pool other users need more.

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I am in the SWAP.HIVE-CENT and CENT:CENTG diesel pools and would gladly add liquidity in the CENT:POB pool if there were rewards for liquidity providers

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Thank you for the answer. We will also be activating the rewards in the pob pool soon.

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Keep up the great work!
Appreciate all you do for the project

!LUV
!PIZZA
!LOL

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Thank you for expressing your thoughts and for your contribution.

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