TRIBE Token Current Status Report

Hello again. As mentioned in the report, our work related to the CENT Token is now managed by @centtoken. The Tribe token has also been affected by the recent negative developments in the cryptocurrency market. There have also been negative developments in the Hive-Engine and Tribe tokens. The work itself has been dormant recently. For the past few weeks, we have been evaluating the managed projects in terms of time and cost management. We have combined the Stablecoin Study and the SHORT token. The Delegation Works and the Tribe token and related study are also in the process of merging.

There are 25,000 TRIBE tokens in circulation. The current value of the token is 0.63 Hive. We have been continuing to buy back the token for a few weeks. The @centtoken account has collected 11,500 Tribe. Approximately 6,000 tokens are in liquidity pools. Some of the remaining tokens are awaiting distribution as LP rewards. Some are also in users' wallets.

TRIBE pools:
Hive/Tribe
Liquidity: $146
Weekly trading volume: $21
APR: 63.7%

Cent/Tribe
Liquidity: $226
Weekly trading volume: $40
APR: 19.7%

Current status of @centtoken account:

• Account has 875 HP. Also received 13,690 HP delegation.
• Stakes 1530 BEE. Also received 22,500 BEE delegation.
• 19,228,000 CENT delegation received.
• Stakes 1,040,000 POB tokens. 78,000 POB delegation received. Additionally, 240,000 POB will be transferred from the @balina account. 22,000 POB in Cent/Pob liquidity pool.
• Stakes 778,000 SPORTS tokens. Additionally, 10,964,000 SPORTS delegation received.
• 742,000 VYB tokens are staked.
• 37,000,000 PEPE tokens are currently staked.

In the upcoming period, we aim to increase the number of Tribe tokens in the @centtoken account to 15,000 through buybacks. We want to increase the amount of BEE tokens managed to 50,000 and above in a short time. Due to the devaluation of tokens, the APR ratio in liquidity pools has decreased slightly. We will close this gap shortly by adding a new LP reward.

Unfortunately, there are very few Tribe tokens left whose reward pools and liquidity pools are actively managed. For now, we are working with HP, BEE, CENT, SPORTS, and POB tokens. If the situation improves in the future, we may include new tokens in the study. See you again. Stay tuned.