Hello everyone. I hope you are well. The reward distribution period in Cent's two liquidity pools was completed the other day. We have restarted the reward distribution in the Leo and Pob liquidity pools as of today. We have added a total of $1400 worth of rewards to the liquidity pools. 1,460,000 new Cent tokens were minted for some of the rewards. We covered 730 Leo and 36,500 Pob with the income we obtained from Hive-Engine Investment Operations study.
We have added 730,000 Cent and 730 Leo LP rewards to the Cent/Leo liquidity pool. We have set the reward distribution period as 365 days. The current APR in the pool is 49%. We are actively trading LEO through the @centtoken account. With the Leo delegations Work we launched last month, we received 61,500 Leo delegations. We also received 100,000 Leo delegations from the @leofinance account within the framework of our collaboration with Inleo.io. We will continue to support the Leo token. The market maker transactions, liquidity pool and delegation work we do will continue to increase the usability and therefore the value of Cent and Leo.
We have restarted the reward distribution period in the Cent/Pob liquidity pool for 365 days. We have added 730,000 Cent and 36,500 Pob LP rewards to the pool. The current APR in the pool is 102% :) We are strategically supporting the Pob token. The project has a very well-thought-out infrastructure. I think the fact that the project managers have abandoned the community and token management has contributed to increasing the decentralization of the token. The Pob liquidity pool is one of Cent's first pools. Cent/Pob is also the pool with the highest liquidity of the Pob token. However, we still haven't reached the liquidity amount we expected. We staked 115,000 Pob in the @centtoken account. We also received 75,000 Pob delegations with the Pob Delegations work that we announced last week.
We will continue to actively support liquidity pools as required by the project strategy. In the coming period, more emphasis will be given to the Hive/Trade liquidity pool. We are trying to increase the account's revenues further by using the Trade token and the Hive-Engine Investments Work. I think we can gather more Leo and Pob delegations within the scope of the Delegation Works. I recommend you to follow the @centtoken account for new news and announcements. See you. Stay tuned.
Posted Using InLeo Alpha
Perfect! Sending some ETH to take better position in the pools :)
Edit: still an amazing 57% apr on POB pool
!DIY
I wish you success. However, always consider the risks. For example: If you buy/sell gradually, your investment entry process may take a little longer. However, you will enter the investment with a lower cost average.
The liquidity in the pool is still low compared to the added reward :) The reward distribution rate is an expected rate with an average of 30% APR. Let's see if we can reach that amount of liquidity.
Haha yeah you are right. That is also the reason I like the concept of $Trade so much :)
Luckely I feel my hive positions are set now!
Happy to see POB and LEO liquidity rewards renewed for another year! !WINE !BBH
You can query your personal balance by
!DIYSTATS
@anadolu! @ironshield likes your content! so I just sent 1 BBH to your account on behalf of @ironshield. (6/100)