Reward Distribution Restarted in HBD and Bee Liquidity Pools

last month

Hello dear Cent Community. The reward distribution period in HBD/Cent and Cent/Bee liquidity pools ended yesterday. Before the reward distribution period was completed, the average APR in Cent's liquidity pools was at 50%. We have restarted the LP reward distribution in the pools where the distribution period has been completed. We have added some LP rewards to the pools.

We have started a 365-day reward distribution period in HBD/Cent liquidity pool. We have added 40 HBD and 730,000 Cent LP rewards to the pool. The current APR rate in the pool is 42%. We plan to add more LP rewards. HBD pool is one of the liquidity pools that Cent Project strategically supports.
We have set a 180-day reward distribution period in Cent/Bee liquidity pool. 180 BEE and 182,500 Cent LP rewards were added to the pool. The current APR in the pool is 32.5%.

We adjust the APR rate in liquidity pools according to a few data; Risk level of the opposing token in the pools, average trading volume in the pool and volatility amount, etc. are factors. We can also keep the APR rate slightly higher according to the expected liquidity amount in the pool. Follow @centtoken account to be informed about new news and reports early.