Interesting. I actually started selling my CENT, because it seemed overvalued and staking it didn't really generate any meaningful amount. Is this why people pay so much more than 1 Cent for it? What kind of APY is it generating?
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It was 600% at when I read the article a couple of days ago. Wish APR was displayed on TribalDex but it isn't.
Yeah, technically it should be pegged to a cent but the rewards are probably inflating the value. I'd say that selling to maintain the peg is good for the token too.