Current Situation in Cent Liquidity Pools

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(Edited)

Hello dear Cent Community. We talked about the updates we were making to Cent's prize pools at the end of November. We also added an announcement about our strategies in liquidity pools.

Recently, the reward distribution period in the Cent/CentG liquidity pool has ended. The liquidity pool distributed approximately 300 CentG and over a million Cents over the course of a year. We have reactivated the HBD/Cent liquidity pool, which has not distributed liquidity provider rewards for a long time. Rewards have started to be distributed again in the Hive/Cent liquidity pool, whose reward distribution period has ended. Reward distribution will be restarted in all our liquidity pools. But for now, we place great emphasis on three liquidity pools. Let's talk briefly about the current situation;

  • There is $1830 worth of liquidity in the Hive/Cent liquidity pool. (2555 Hive and 735000 Cent) A transaction volume of $820 was realized in the last week. The current APR on the pool is 157%.
  • There is $551 worth of liquidity in the Hive/CentG liquidity pool. )801 Hive and 80 CentG) The last week's trading volume in the pool is worth $756. Current APR on the pool is 116%
  • There is $438 worth of liquidity in the HBD/Cent liquidity pool. (214 HBD and 175000 Cents) A transaction volume of $75 was realized in the last week. (LP rewards in the liquidity pool were activated a few days ago. As the liquidity increases, the transaction volume will also increase.) Current APR in the pool is 108%

You also earn a 0.25% transaction fee on exchange transactions. The current status of the pools is available at https://tribaldex.com/dieselpools/pools and
You can follow it at https://beeswap.dcity.io/pools?search=cent.

As mentioned above, LP rewards will become active again in all our liquidity pools over time. The APR rate on pools will increase over time. We aim to increase liquidity and transaction volume as much as possible. Therefore, the APR rate on our liquidity pools will be quite attractive.

Follow this account for new news and announcements.



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18 comments
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CENT is my favorite pools! Happy to see SWAP.HBD/CENT with rewards again! Happy to provide about $250 in liquidity.

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It's also one of my favorites as well. I've got a few modest dollars totaling the liquidity I have in different Cent pools.

Out of Cent, the HBD/CENT pool is the best. Ive always enjoyed pools with stablecoins, not a lot of risk unlike others.

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Good luck. HBD pool is one of the investment tools with a lot of potential in terms of distributing the risk. I hope we will reach the price balance of 0.01 HBD/1 Cent soon :)

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This amount is above average among users providing liquidity. I wish you success and productive earnings. We will also increase the variety of cryptocurrencies distributed as rewards in the near future. Then the earnings will become more consistent.

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Thanks for the update. Currently the value of my contribution in SWAP.HIVE:CENTG pool is worth $20.27 and in SWAP.HIVE:CENT is worth $10.97. I intend to increase them over time.

!BBH

!PIZZA

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(Edited)

PIZZA!

$PIZZA slices delivered:
r1s2g3 tipped centtoken
@rzc24-nftbbg(1/5) tipped @anadolu
kopiko-blanca tipped centtoken
rzc24-nftbbg tipped centtoken

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Hello. I made transfers from my own account for about two years. I spent about 16000 BEE for this :) However, it has been funded from the @centtoken account for about four months. The account becomes isolated. CentG tokens are sold as needed. The revenue generated can be used for renting HP, renewing leases, financing liquidity pools, etc. Can be used for. It can be used for different purposes. We can make investments, trade transactions, etc. in Hive-Engine using the account. I published an announcement here:
https://ecency.com/hive-173575/@anadolu/centg-token-sale-started

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Thanks for the update. Currently the value of my contribution in SWAP.HIVE:CENTG pool is worth $20.27 and in SWAP.HIVE:CENT is worth $10.97. I intend to increase them over time.

!BBH

!PIZZA

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This is good investment. To reduce the risk, it would be better to transfer some of the liquidity to the HBD/Cent pool. Good luck.

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I will take that into consideration. Thank you!

!PIZZA

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I would like to understand how you are funding the rewards?
Do you have any sponsorship for the tribe or are you burning your own money?

!PIZZA !LUV

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