Monthly Reward pool and Liquidity Pools Report (2/26)

Hello again. When I published last month's report, Hive was at $0.08. Cent was at 0.0014 Hive. Cent's price against Hive remained stable. However, the Hive price dropped to $0.062. Therefore, Cent's liquidity and trading volume in dollar terms decreased.

• Tribe Token work continues. The @centtoken account has reached its POB and VYB targets. The account has one million POB and one million VYB tokens. In addition, 1400 HP and 1700 BEE are staked in the account. We are continuing the Delegation Works with HP, BEE, CENT, LEO, SPORTS, POB, and VYB tokens. We add a portion of the curation profit we obtain to the Hive/Tribe liquidity pool as LP rewards. The remainder is reinvested. There are 11,000 TRIBE tokens in circulation. The maximum supply is 100,000 TRIBE. The expected value of the token is 1 Hive. However, like all cryptocurrencies recently, it has lost some value. The current TRIBE price is 0.768 Hive.
• Trade Token Work is ongoing. All tokens (21,000 TRADE) are in circulation. The current value of the token is 1.32 Hive ($0.083). The expected value of the token is 1 HBD (or $1). We add a large portion of the revenue from trading and investment transactions we conduct on Hive-Engine to the Hive/Trade liquidity pool as LP rewards. We add the remaining portion to Cent's liquidity pools as LP rewards. Due to the extreme volatility in the Hive price recently, we have only conducted trading transactions in HBD, BEED, USDT, and BEE markets. We previously announced two projects called BEED Token Study and Stablecoin Study. In the coming period, we will begin publishing reports on these studies under the Trade Token Work heading. We manage the HBD, USDT, and BEED liquidity pools as part of the Stablecoin Study. One of our primary goals within this study is to reach a 1 HBD level for the Trade token.

Cent Tokenomics:

• There are 69.000.000 CENT tokens in circulation. The reward pool generates 2 new tokens per minute. This means 2880 tokens are generated per day and 1.051.200 tokens are generated per year. The generated tokens are distributed as 50% curator rewards and 50% author rewards. If a user publishes content outside the Cent community, 1% of their author rewards (Cent) will be credited to their @centtoken account. All distributed rewards are paid in liquid form. If you initiate a power outage, your tokens will be paid out within 28 days (in 4 installments). If you withdraw a Cent delegation, your voting power returns after 7 days.

Current Status of Liquidity Pools:

• Last month, there was $7.552 worth of liquidity in Cent liquidity pools. This month, there is $5.027 worth of liquidity. There was $15.633 worth of trading volume in liquidity pools. This month, there is $12.620 worth of trading volume.

• There is $270 worth of liquidity in the Hive/Trade liquidity pool. There was $252 worth of trading volume last month. The current APR in the pool is 85%.

• There is $290 worth of liquidity in the Hive/Tribe liquidity pool. There was $389 worth of trading volume last month. The current APR in the pool is 106%.

Last month's report is here. Follow @centtoken for new reports and news.