Hello again dear Cent Community. Yesterday we posted a post about Cent's prize pool. We also mentioned liquidity pools in that post. The one-year period of distribution of liquidity provider rewards in Cent's liquidity pools has ended. Today, we reactivated the liquidity provider rewards in Hive/Cent and Cent/CentG pools. Rewards in other liquidity pools will become active in a few days.
We've made some strategy changes in distributing liquidity provider rewards. In order to earn Cent Token as a reward, you will need to provide liquidity to the Cent/CentG pool. Different tokens will be distributed as rewards in other liquidity pools. Thus, we will reduce the supply of Cent Token a little bit. The APR rate in the CentG pool will be kept as high as possible. This method will increase the demand for Cent and CentG tokens. Therefore, we will have access to more liquidity.
We are starting to use CentG, the management token, more actively. Jeton will provide many advantages in liquidity pools as in many other areas. A few days ago we published a post about CentG. You can reach the relevant post at here. See you in new posts.
Sounds great. Does this mean the Swap.hive:cent pool will also not have an hourly lottery anymore?
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Hello. Hourly rewards in the Hive/Cent pool are currently closed. If the cent reaches the target price, we can reactivate it to increase the liquidity in the pool. For now, however, we are considering reducing the Cent supply as much as possible.
Alright good to know!
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Good news. The governance token will be a game changer.
Thank you. The governance token will become even more active.
Awesome thanks 😎
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