When I published the previous report, the Hive price was $0.059. The current Hive price is $0.061. When I published the previous report, the Cent price was 0.0014 Hive. The current price is 0.0012 Hive.
- Approximately two weeks ago, Hive-Engine was subjected to a cyberattack. As a result, Cent's ETH and USDT liquidity pools suffered significant damage. You can find the report on the situation and the measures taken here.
- Despite the price drop caused by the hacking incident, total liquidity increased by 20%. Monthly trading volume increased by an average of 15%.
- The tokens included in the Stablecoin Study have been updated. We are currently continuing to work with Hive, HBD, BEED, and SHORT tokens.
- We are planning a new study to manage the liquidity and APR balance in Cent pools that are not included in the Stablecoin Study. Specifically, we want to increase liquidity in the BTC, BEE, LEO, POB, LBI, and ATX liquidity pools as much as possible.
- The SHORT token has three liquidity pools: Cent, Hive, and HBD. The SHORT pools hold approximately $1250 worth of liquidity. The average trading volume in the pools last month was $2350.
Cent Tokenomics:
- There are 80.032.000 CENT (Max 100.000.000 CENT) tokens in circulation. 29,716,000 Cent have been staked. There are 46,853,000 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 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 $6255 worth of liquidity in Cent liquidity pools. This month, there is $7496 worth of liquidity. There was $7861 worth of trading volume in liquidity pools. This month, there is $9006 worth of trading volume.
Liquidity/APR/Wolume:
SWAP.HIVE/CENT
$1.492
APR: %50
30 D Wol: 3471$
SWAP.HBD/CENT
$836
APR: %51
30 D Wol: 503$
CENT/SHORT
$1012
APR: %118
30 D Wol: 1815$
CENT/BEED
$547
APR: %23
30 D Wol: 672$
CENT/TRIBE
$267
APR: %18
30 D Wol: 429$
CENT/TRADE
$222
APR: %64
30 D Wol: 452$
CENT/BEE
$693
APR: %20
30 D Wol: 633$
CENT/SWAP.BTC
$468
APR: %66
30 D Wol: 238$
CENT/SWAP.ETH
$83
APR: %0.45
30 D Wol: 197$
CENT/SWAP.USDT
$193
APR: %72
30 D Wol: 164$
CENT/LEO
$354
APR: %2
30 D Wol: 656$
CENT/POB
$207
APR: %27
30 D Wol: 230$
CENT/LBI
$219
APR: %14
30 D Wol: 159$
ATX/CENT
$41
APR: %24
30 D Wol: 17$
CENT/CENTG
$35
APR: %30
30 D Wol: 429$
Last month's report is here. Follow @centtoken for new reports and news.
