I added 10,000 CENT, 5000 POB LP Rewards to Cent/Pob Pool

4 months ago(edited)

Hello everyone. I recently published a call to action regarding the revival of the POB token (https://peakd.com/hive-173575/@anadolu/lets-revive-pob-po-hive-173575). Then I published data about the status of Pob's liquidity pools. I previously mentioned that I trade Pob, actively use Pob's liquidity pools, and actively curate Pob. However, these are not enough to revive a token. Anyone can publish a call to action. Or many users are already doing the things I mentioned.

In order for Pob to be revived, it is also necessary to create factors that can be used as infrastructure. Users who produce content should be able to easily exchange the rewards they receive with other assets. Or a curator should be able to add more assets to their portfolio at any time / easily sell off some of the assets in their portfolio. For this, sufficient liquidity needs to be provided.

I have previously mentioned the current status of Pob's liquidity pools (https://peakd.com/hive-150329/@anadolu/current-status-of-pobs-liquidity-pools-2nb). There was very little liquidity in other Pob liquidity pools. The reward distribution period in the Pob/BTC liquidity pool has ended. Most likely, this pool will lose most of its liquidity after a while. As the Cent administration, we do not have any crazy goals such as developing the Pob project as it is. However, we planned to hold on to the business from one end and we are doing so.

Today, I added 10000 Cents and 5000 Pob as rewards to the Cent/Pob liquidity pool. The APR in the pool increased from 97% to 112%. The rewards waiting to be distributed in the pool are 130,000 Cents and 8500 Pob. There are 88 days left until the reward distribution period is completed. There is 1730 Hive worth of liquidity in the pool. However, it is much less than the expected amount of liquidity as stated in Cent's monthly liquidity pools report. I invite all Cent and Pob investors to provide liquidity and trade in the pool. I thought it would be appropriate to share an event announcement for this. See you in new shares. Stay tuned.