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RE: Weekly Delegation Report (December 7)

Time to undelegate Cent I can see.

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We set the reward distribution APR as 25% for users who delegate 20.000 Cent and more tokens to the @centtoken account.

That does seem pretty steep. But 25% apr is pretty good, might be worth it.

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100% a good APR for people who have 20k cent.
I don't have 20k cent.

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As mentioned in previous reports, we burn around 12,000 Cent per month. This amount was much lower than we expected. We want to get as many delegations as possible and burn as many Cent as possible. This is one of the reasons why we increased the APR.

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Thanks for your contributions so far. We have been talking about increasing the lower limit in reports for about a month now. We think this is necessary for the efficiency of the Cent Project.

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I know I know, there is just too many things to use your hive for on hive :P

Anyways. @ironshield gave me the reest up to 20k, so as soon as I have gotten them back from my delegation, I will delegate it back to centtoken :D

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