Hello everyone. In previous announcements, we announced that a new liquidity pool would be included in the project. On the first day of the year, I mentioned Cent's 2025 predictions. In the post in question, I mentioned that we will use the convenience provided by Hive-Engine more while managing the Cent Project. We also aim to contribute to Hive-Engine while carrying out our work. As of today, we have created the Cent/BEED liquidity pool. And we have activated LP rewards. For these transactions, the @centtoken account spent 1000+100 BEE tokens. Thus, we have reached Cent's 9th and the Project's 10th liquidity pool.
BEED is Hive-Engine's native token. It is pegged to $1, similar to HBD. You can obtain BEED by burning at least 1 BEE token at https://tribaldex.com/beedollar. You will pay 1% commission for this. A short announcement about the token was made by @aggroed on Hive-Engine's Discord channel. I will add a screenshot of this announcement below. You can get detailed information about the token from this announcement. You can join Hive-Engine's Discord channel here.
We will soon announce a "Bee Token Study". Bee, BEED, Cent tokens, and Cent/Bee and Cent/BEED liquidity pools will be actively used in the study. We have added some LP rewards to the Cent/BEED liquidity pool. We will ensure that the LP Reward distribution periods end and start at the same time as the Cent/Bee liquidity pool. Therefore, we have set a 100-day LP reward distribution period. More LP rewards will be added as new liquidity is added to the pool. We will provide some liquidity for a short time so that transactions in the pool and token market can start smoothly. See you again. Stay tuned.
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We keep growing and expanding and with each move, less #cent is on the market and the easiers we reach the goal of 1 cent.
Great work!
!duo
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Thank you for your comment. The work done has started to contribute in the direction you mentioned. We will increase the HBD/Cent and Cent/BEED liquidity pools and the work supporting these pools. The next liquidity pool will probably be selected from stable cryptocurrencies again. I hope we reach the $0.01 price target in 2025.
!duo !lolz
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This is great news! Just getting aquatinted with BEED token, happy to see yet another CENT pool . !BBH
BEED is a fairly new token. Together with the Bee token, it will increase the usability of Hive-Engine. Especially in the recent period, the volatility in the Hive price has increased. BEED being a stable cryptocurrency has encouraged us to create a liquidity pool. I think it will contribute greatly to reaching the price target of Cent.
@anadolu! @ironshield likes your content! so I just sent 1 BBH to your account on behalf of @ironshield. (18/100)
Love what you're sharing 💖