Cent/ETH Liquidity Pool and LP Reward Distribution Active

in Cent6 days ago (edited)

Hello again. Today we created the Cent/ETH liquidity pool. This is the 11th liquidity pool of the Cent Project. Cent now has ten liquidity pools. We also activated the liquidity provider rewards. We set a one-year period as the first reward distribution period. 0.01 ETH and 730,000 Cents were added to the liquidity pool as LP rewards. We will add some more ETH as LP rewards.
ethcent.png
Swap.ETH is a Hive-Engine token. It is connected to the Ethereum Blockchain by creating a bridge. 1 Swap.ETH is pegged to 1 ETHEREUM. ETH deposit/withdrawal transactions can be made on the websites Tribaldex.com and Hive-Engine.com.

We created a liquidity pool with two cryptocurrencies outside the Hive Blockchain, along with BTC and ETH liquidity pools. We created a liquidity pool with two stable cryptocurrencies, HBD and BEED. We created a liquidity pool with three tribal project tokens, along with BEE, LEO and POB tokens. A liquidity pool was created with TRADE and TRIBE tokens. Trade token has a liquidity pool with Hive. The next liquidity pool will probably be the Hive/Tribe liquidity pool.

I added some liquidity so that the swap transactions in the pool can start properly. I will gradually withdraw the liquidity I added as the liquidity inflow is very gradual. In principle, since I am a manager, I try not to make a profit from Cent's liquidity pools. However, my priority is for the liquidity pools to work properly. See you again. Stay tuned.

Posted Using INLEO

Sort:  

Wow! Another Cent LP!

!BBH

!PIZZA

Very cool! I'm growing liquidity in just about all of the CENT pools, as I think that they're fantastic. I'll see about adding to this one soon. By the way, what is the threshold for BTC rewards to kick in for the CENT:SWAP.BTC pool? I have a fair stake there, but still not enough so far. Thank you so much for the work that you do! 😁 🙏 💚 ✨ 🤙

Thank you. And good luck with your investments. In the Cent/BTC liquidity pool, BTC rewards remained low compared to the Cent reward. We plan to add new rewards to liquidity pools in the coming days. In particular, some more rewards will be added to liquidity pools with long-term distribution periods. However, in any case, the vast majority of the tokens distributed as rewards are received by users with more liquidity.

You're very welcome, absolutely. Thank you much, I appreciate it. Thank you also for the detailed information. That's interesting about most of the distributed tokens coming from high-liquidity holders, I didn't know that. 😁🙏💚✨🤙

That is awesome!! Was hoping for such a new pair!

!lolz

What do you call a guy who’s had too much to drink?
A cab.

Credit: marshmellowman
$LOLZ on behalf of rainbowdash4l

(4/10)

PLAY & EARN $DOOM

@anadolu, I sent you an

Next month, I am planning to add liquidity to the 11th Cent pool.

!BBH

!PIZZA

Would love if you popped in to the PIMP District and talked about your tokens with us !PIMP
https://discord.gg/7DdSV25n

PIZZA!

$PIZZA slices delivered:
(2/5)
arlenec2021 tipped anadolu @rzc24-nftbbg tipped @anadolu

Congratulations @anadolu! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You got more than 5250 replies.
Your next target is to reach 5500 replies.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

Valentine's Day Event – Spread Love with a Special Badge! 💝

Hooray for another LP! All the more reason to invest in CENT and ride it all the way up to $0.01

!BBH