6 years of CTPSB - 328% of return !
During the month of September 2020, we had the launch phase of the CTPSB tokens. People had the possibility to collect and send hive to the CTPSB account and at the end of the month, they would get accordingly CTPSB tokens to their wallet. That was the start of CTPSB 6 years ago.
On first of October the CTPSB token was officially launched with 6956.4 tokens emitted and 7076 Hive power collected to back the token. Each token was worth 1.017 Hive. After 6 years, there are 8759 tokens in circulation that are backed by 38'142 Hive Power. This means that each token is today worth 4.354 Hive.
328% of growth
Within the 6 years of existence, the CTPSB token has increased by 328.12% in total compared to hive, which represents an average annual increase of 54.7%. Or an compound annual growth rate of 27.43%.
It was certainly one of the better investments on the hive ecosystem.
The numbers of this week
Recently the token is growing on a slower basis but is still around 13% APR, which is way above the level that you would get if you hold hive power directly. Also what needs to be noted is that for quite some time we haven't published any posts so this growth comes without post rewards.
How can you get CTPSB
There are only two ways to get CTPSB. You can either purchase it on the market or you can provide liquidity to the pair LEN:LENM and get daily dividends in the form of CTPSB among other tokens.
Learn more about the CTP Swarm Booster:
That return beats any traditional finance % APR. It is clear that crypto has better returns and it remains just for the people to transition more and more to it.
Now if the underlying prices of hive went up as well, that would be amazing :-)
Phenomenal return!