The CTPSB Richlist
I believe it's interesting to look at the richlist of a token to figure out how it is distributed. There are exactly 90 accounts that own at least one CTPSB token but there are very few, very big token holders.
The main token holder after the @null account which contains the burnt tokens, is @aslehansen. He has been holding these tokens since the very first days of the project. With 2102 tokens, he holds about 22% of the circulating supply. I come in second place holding about 20% of the token supply. The third account with about 1126 tokens is the market maker of the project. The rest of the users have below 6% of the circulating supply. Only 13 accounts hold more than 1% of the circulating supply!
These numbers show that the token is concentrated in quite a few wallets. The reason is the following: Since the creation of the token, only a limited community was investing in it. Also the only way to earn the token is as reward in the diesel pool LEN:LENM. That's why the distribution is quite narrow. Due to the fact that this token is backed by real hive power, this doesn't really represent a negative aspect however.
The CTPSB richlist
source: https://beeswap.dcity.io/tokens?search=ctpsb
Here the numbers of this week
| Assets | Amount | Increase over last week |
|---|---|---|
| Hive Power | 35029 | +100 |
| Tokens in circulation | 9229 | -2 |
| Burnt tokens | 2269 | +2 |
| Token value | 3.796 | +0.012 |
| APR | 16.6% | +0.6% |
Learn more about the CTP Swarm Booster:
A project run by @liotes
The numbers are good, but I wasn't expecting 3 accounts to hold so much of the tokens though.
It's pretty concentrated
Another week of 16% APR, great work. Actually nice increase to 16.6% APR. Is the plan to always burn two tokens per week? Or stop if the APR stays above 16%?
The burning of 2 tokens a week is not 100% sustainable so we try to do it as long as possible. I believe we can do it for about 1 year at least. We try to keep the APR at or above 16%. Since we calculate it over a two weeks average, there are some up's and downs :-)
Thanks for the additional info.
thanks for the update.
I am 19th on the list :-)
!BBH
!ALIVE
You have a nice amount of CTPSB tokens :-)
Thanks for the news.
!ALIVE
!WINE
Thanks for stopping by!