Directing the energy towards Growth
In the last weeks, a lot of my energy when into trying to figure out how to change the CTPSB project. It was a good and probably necessary reflection but it showed me that as long that a change is not beneficial for all the parties involved, it was simply not worth it. This means that the project will go on as it did for the past years.
CTPSB is now part of the Liotes project
The only thing that has changed is that the project is now run under the umbrella of Liotes and that my partner @ph1102 also owns the keys to the accounts of CTPSB. This ads an additional layer of security to the project.
How is CTPSB linked to Liotes ?
The functioning of the project will continue without changes. However, Liotes and CTPSB have strong synergies already. CTPSB owns quite a lot of staked LENM on one side. On the other side a considerable part of the rewards in the liquidity pool LENM:LEN is in the form of CTPSB tokens. If the token value of CTPSB goes up, so do the rewards in the pool which is profitable for LENM and LEN. If LEN goes up, CTPSB profits from the staking rewards that it gets. This in return will push the APR of CTPSB. The effects are not huge but it's a small flywheel that profits everybody.
Pushing towards growth
Being kind of distracted by all the ideas, I somewhat neglected the progress of CTPSB. I have changed that now and the idea is that my energy now flows back into growing the token value of CTPSB.
For personal reasons, this post comes a bit earlier than usual which means that the growth since the last post is on a basis of 5 days only. This gives numbers that are maybe not totally accurate.
The numbers of this week
| Assets | Amount | Increase over last week |
|---|---|---|
| Hive Power | 32719 | +78 |
| Tokens in circulation | 9451.8 | -0.7 |
| Burnt tokens | 2046.6 | +0.7 |
| Token value | 3.462 | +0.009 |
| APR | 15.9% | +0.7% |
Learn more about the CTP Swarm Booster:
A project run by @liotes
Thanks for the update.
!BBH
!DOOK
You are welcome!
You just got DOOKed!
@edgerik thinks your content is the shit.
They have 2/10 DOOK left to drop today.
Learn all about this shit in the toilet paper! 💩
I'm down with it... change is hard. !LOL
I think #CTPSB will outlive the group memory of CTP anyway, so it wasn't necessary. I trust you. 👊
Thanks for the update! :)
!PIMP !HBIT
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lolztoken.com
I told her to get out of my fort.
Credit: lofone
@ctpsb, I sent you an $LOLZ on behalf of thatcryptodave
(2/10)
Farm LOLZ tokens when you Delegate Hive or Hive Tokens.
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Thanks a lot for your trust. It's very much appreciated :-)
Good partnership will surely bring more growth to the token.
Both projects can only profit from each other. So it's definitely a win-win :-)
I think the partnership is good. At least you don't have to be stressed about taking care of the project alone.
It gives me some confidence to know that another person would have the keys if I fall ill for example.
Thank for the update.
Liotes and ctpsb i guess compliment each other.
!PIZZA
!BBH
!ALIVE
Both projects can bring a lot to the table to help each other :-)
That seems like a good move. 👍
Thanks for the feed-back!
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