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.
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.
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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
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@anadolu, I sent you anNext 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
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Hooray for another LP! All the more reason to invest in CENT and ride it all the way up to $0.01
!BBH