Monthly Reward pool and Liquidity Pools Report (4/26)

(edited)

When I published the previous report, the Hive price was $0.058. The current Hive price is $0.059. When I published the previous report, the Cent price was 0.0017 Hive. The current price is 0.0014 Hive. 24,878,000 Cent have been staked. There are 44,479,000 Cent in liquidity pools. The remaining tokens may be waiting in pools as liquidity provider rewards, or they may be liquid in users' wallets.

  • The number of tokens generated by the reward pool has been reduced to 1 CENT per minute. As we mentioned before, we no longer add CENT as an LP reward to liquidity pools other than those participating in the Stablecoin Study. Reward distribution was restarted in the Bee and Pob liquidity pools recently, and Cent distribution has been stopped.
  • We started the LP reward in the Bee, BEED, and Pob liquidity pools last week. Therefore, the APR rate is a little low. Also, the APR remained low due to new liquidity inflow into the ETH liquidity pool. We will add some LP rewards to that pool.
  • 25 days ago, we announced the SHORT token. We activated the Cent/Short liquidity pool. 19 days ago, the Hive/Short liquidity pool was also activated and started distributing LP rewards. There is $138 worth of liquidity in the Hive/Short liquidity pool. The current APR in the pool is 279%.
  • We published a CENT buyback announcement. We will need more Cents for our ongoing work in the coming days. Therefore, we will continue to buy back Cents with different strategies.

Cent Tokenomics:

  • There are 80.004.055 CENT (Max 100.000.000 CENT) tokens in circulation. The reward pool generates 1 new tokens per minute. This means 1440 tokens are generated per day and 525.600 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 $5.900 worth of liquidity in Cent liquidity pools. This month, there is $6.255 worth of liquidity. There was $8.925 worth of trading volume in liquidity pools. This month, there is $7.848 worth of trading volume.

SWAP.HIVE/CENT
11.559,09 SWAP.HIVE
8.362.258,134 CENT
$1.380,46
23.118 HIVE
APR: %62.5
30 D vol: 2326$

CENT/SWAP.USDT
1.483.706,893 CENT
118,912 SWAP.USDT
$242,76
4.065 HIVE
APR: %55.7
30 D vol: 164$

SWAP.HBD/CENT
410,587 SWAP.HBD
4.956.306,039 CENT
$810,93
13.580 HIVE
APR: %56.6
30 D vol: 503$

CENT/BEED
2.874.592,936 CENT
315,882 BEED
$475,71
7.967 HIVE
APR: %9.7
30 D vol: 672$

CENT/BEE
4.174.591,515 CENT
9.245,525 BEE
$685,78
11.485 HIVE
APR: %26.5
30 D vol: 633$

CENT/SWAP.BTC
2.753.141,946 CENT
0,003 SWAP.BTC
$456,26
7.641 HIVE
APR: %39.6
30 D vol: 238$

CENT/SWAP.ETH
1.397.073,217 CENT
0,05 SWAP.ETH
$232,16
3.888 HIVE
APR: %9.3
30 D vol: 197$

CENT/SHORT
9.939.535,086 CENT
82.131,496 SHORT
$1.673,12
27.109 HIVE
APR: %3.7
30 D vol: 760$

CENT/TRIBE
2.423.470,902 CENT
4.604,547 TRIBE
$396,52
6.640 HIVE
APR: %62.8
30 D vol: 429$

CENT/TRADE
2.143.509,279 CENT
2.225,445 TRADE
$350,71
5.873 HIVE
APR: %51.44
30 D vol: 452$

CENT/LEO
3.182.982,177 CENT
16.339,725 LEO
$520,79
8.721 HIVE
APR: %48.5
30 D vol: 656$

CENT/POB
965.133,168 CENT
300.248,805 POB
$158,14
2.648 HIVE
APR: %6.8
30 D vol: 230$

CENT/LBI
897.497,399 CENT
1.013,623 LBI
$146,84
2.459 HIVE
APR: %23
30 D vol: 159$

ATX/CENT
3.093,412 ATX
176.285,288 CENT
$28,84
483 HIVE
APR: %85.8
30 D vol: 17$

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

2.38573109 BEE
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