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RE: Delegation Works

in Cent4 months ago

This is related to the fact that the cryptocurrencies you mentioned are different projects. Just like there are hundreds of token projects on Ethereum and the Ethereum network. Cent is a token project in Hive-Engine. The price fluctuation is targeted at around $0.01. There are six liquidity pools. And LP rewards are distributed in all of them. We do not see this in Hive. The work mentioned above is also about ensuring the usability and sustainability of the project. We are trying to reduce inflation with such work while maintaining its profitability. You can reach detailed information about the project from the content here.

There are dozens of token projects in Hive-Engine. Cent is one of them. They all have different promises and project features. Instead of talking about the necessity/necessity of Project X when there is Hive/HBD, we should think like "What can such projects add to the Hive blockchain?" The existence of different projects on the blockchain adds value to that blockchain. Also, as you mentioned, each project has different risks/return expectations. We should expect the project users to evaluate this.

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Fair enough, full disclosure, when I get tokens sent to me from tip bots or whatever, I turn them back into hive as soon as they amount to enough to do so or ignore them otherwise. On eth the gas makes that impossible most of the time so I just have a pile of noise in my metamask from those and ignore it too. Good luck with your project.

Thank you. This is a strategy that some users also apply. Some users may also expect returns by investing in different token projects or trading tokens. This is entirely up to the individual's preference. We wish you success too. Have fun and success to all of us at Hive.