Monthly Reward pool and Liquidity Pools Report (3/26)

Hello. When last month's report was published, the Hive price was $0.066. The current Hive price is $0.058. When I published last month's report, the Cent price was 0.0014 Hive. The current Cent price is 0.0017 Hive ($0.000098). 26,687,000 CENT has been staked. There are approximately 31,750,000 CENT in liquidity pools. The number of CENT awaiting distribution as LP rewards in liquidity pools is approximately 5,175,000.

  • There has been an increase of approximately $900 in liquidity in Cent's liquidity pools compared to last month. However, due to the devaluation of Hive, the trading volume in dollar terms has decreased. There is an increase in trading volume in the Hive/Cent market. However, this increase is in Hive terms. In dollar terms, it remains stable.
  • We have isolated the management of TRADE and TRIBE tokens. The Trade token and related work are managed by the @hetrader account. The Tribe token and related work are managed by the @balina account. Revenue from these works is distributed as LP rewards in the Cent/Tribe and Cent/Trade liquidity pools.
  • We publish Delegation Study reports weekly. The report covering Stablecoin, BEED, and account status is published at the beginning and middle of the month. I recommend regularly checking the current status and published reports of the @centtoken account.

Cent Tokenomics:

  • There are 67.517.500 CENT (Max 100.000.000 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:

  • Cent has 13 liquidity pools. CENT / BEE, CENT / BEED, CENT / SWAP.BTC, CENT / LEO, CENT / POB, CENT / SWAP.USDT, CENT / TRADE, CENT / TRIBE, CENT / SWAP.ETH, CENT / LBI, SWAP.HIVE / CENT, ATX / CENT, SWAP.HBD / CENT
  • Last month, there was $5.027 worth of liquidity in Cent liquidity pools. This month, there is $5.900 worth of liquidity. There was $12.620 worth of trading volume in liquidity pools. This month, there is $8.925 worth of trading volume.

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

2.53996547 BEE
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