Hello dear Cent Community. We evaluate the situation in Cent's liquidity pools on a monthly basis. So we can see the progress we've made. And we're starting to have clearer data about what we need to fix. These evaluations provide very useful data not only for Cent's management team, but also for liquidity providers.
Cent has 6 liquidity pools. There is approximately $6360 worth of liquidity in the pools. Cent/BTC liquidity pool became active 12 days ago. Therefore, we evaluated it separately rather than including it in the data below. We will evaluate it once the monthly data in the pool is available.
There was an increase in liquidity in all pools. In particular, the liquidity rate in the Cent/Leo liquidity pool increased by 110%. Cent/Bee liquidity pool is in second place. Liquidity increase rate is 21%. Transaction volume increased in all liquidity pools. The liquidity pool that showed the highest transaction volume increase with 66% is the Cent/Bee liquidity pool. There was no significant change in APR rates in the pools. Except for the Cent/Leo liquidity pool :) Due to the 110% liquidity increase in the pool, the current APR rate of the pool decreased by -44%.
As mentioned above, the Cent/BTC liquidity pool was created approximately twelve days ago. The current APR is a bit high due to the pool being newly created. We expect more liquidity to enter the pool. We will continue to add new rewards to the pool as liquidity increases.
You can access our liquidity pools report from last month here. We would be pleased if you could send us your opinions and suggestions about liquidity pools and other parts of the project as a comment or via Discord. Follow this account for new news and event announcements.
Posted Using InLeo Alpha
I added $11.68 worth of liquidity to CENT:SWAP.BTC to see how it works. A week from now, I am considering adding at least $10.00 each to CENT:POB and SWAP.BTC:POB.
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It’s really great to see progress in all the pools. I'm looking forward to seeing how the Cent/BTC pool develops. Thank you for all the work you do to make this community thrive
Wow something good is happening, I am happy about the new development in cent. Keep it up @cent
Very happy with the CENT liquidity pools, happy to provide liquidity to them.
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