Hello everyone. There are several different studies being carried out regarding Cent. There are many reports that the @centtoken account needs to publish. And unfortunately, many community users still do not follow the @centtoken account. In order to promote Cent more, I will combine the two reports and publish them from this account at the beginning of the month :) Cent's token status and the current status report in the liquidity pools will be combined.
We have restarted the reward distribution in Leo and Pob liquidity pools, whose reward distribution period was completed this month. For this, 1,460,000 new Cent tokens were minted. 321,658 new Cent tokens were staked last month. 500,101 new Cents were added to the liquidity pools. And 10,802 new Cents were burned.
There are 32,986,456 Cents produced in total. 32.29% of these tokens (10,652,078) were burned. There are 22,334,378 tokens in circulation. 42.2% of the tokens in circulation (9,425,213) were staked. 7,131,082 of the tokens in circulation were added to liquidity pools. 4.440.312 tokens were added to liquidity pools to be distributed to liquidity providers. The remaining tokens are liquid in wallets. Or a sell order may have been placed in Hive/Cent market.
The reward pool generates 4 new tokens per minute. This means 5.760 tokens are generated per day and 2,102.400 tokens per year. The generated tokens are distributed as 50% curator rewards and 50% writer rewards. If the writer uses a community other than Cent's community page when publishing content, a portion of the writer rewards goes to the @centtoken account. All distributed rewards are paid in liquid form. If you initiate a power-down, your tokens will be paid out within 28 days (in 4 installments). If you withdraw a Cent delegation, your voting power will return after 7 days.
Last month, there was $15,960 worth of liquidity in Cent’s liquidity pools. This month’s liquidity is $21,305. Last month, there was a $25,847 worth of trading volume in the liquidity pools. This month, there is a $52,763 worth of trading volume. We will publish the updated data of the Hive/Trade liquidity pool in the Hive-Engine Investment Study report. The current status of Cent’s liquidity pools is as follows:
- Hive/Cent liquidity pool has $7048 worth of liquidity. $25.818 worth of trading volume in the last month. Current APR in the pool is 44%.
- HBD/Cent liquidity pool has $2101 worth of liquidity. $4572 worth of trading volume in the last month. Current APR in the pool is 54%.
- Cent/BTC liquidity pool has $2710 worth of liquidity. $6848 worth of trading volume in the last month. Current APR in the pool is 56%.
- Cent/Bee liquidity pool has $1671 worth of liquidity. $2551 worth of trading volume in the last month. Current APR in the pool is 36%.
- Cent/Leo liquidity pool has $1979 worth of liquidity. $6461 worth of trading volume in the last month. Current APR in the pool is 58%.
- Cent/Pob liquidity pool has $2630 worth of liquidity. $4293 worth of trading volume in the last month. Current APR in the pool is 47%.
- Cent/Trade liquidity pool has $141 worth of liquidity. $139 worth of trading volume in the last month. Current APR in the pool is 0%.
- Cent/Tribe liquidity pool has $2686 worth of liquidity. $36 worth of trading volume in the last month. Current APR in the pool is 3.7%.
The tokens generated per minute in Cent's reward pool has been reduced to 4. Now all writer and curator rewards are distributed as liquid. Trade and Tribe liquidity pools have been newly created. We will be able to get more accurate data in the next month's report. You can reach the previous liquidity pools report here. You can reach the previous token status report here. See you again. Stay tuned.
Posted Using InLeo Alpha
Great progress! Thanks for the clear update!
Congratulations to my community
I love seeing all those liquidity pools, the CENT economy is one of the most diverse and swapable tokens on the 2nd layer. Never seem to have enough CENT!
!LUV
@anadolu, @siphon.tribes(1/1) sent you LUV. | tools | discord | community | HiveWiki | <>< daily