We have initiated several projects to increase the usability of Cent. We have combined some of these projects. Two separate projects were designed for BEED and BEE tokens. However, we decided to announce these projects in summary form. We are continuing to carry out the aforementioned projects in the background. This announcement will make the project more active. The Bee/BEED Token Project includes many parameters. I will mention a few of them:
The account converts a portion of the Bee tokens it earns into BEED tokens and adds these tokens to the Cent/Bee liquidity pool as LP rewards. A portion of the remaining Bee tokens is also added to the Cent/BEED liquidity pool as LP rewards. By staking a small portion of the remaining Bee tokens, the account portfolio is continuously increased.
As you know, the BEED token is newly launched and no work is being done on it yet. Therefore, demand for the token is currently low. Also, we need to pay a 1% commission to obtain BEED tokens. The BEE token is one of the most important tokens for Hive-Engine. However, like the Hive Blockchain, Hive-Engine and Bee tokens are not being marketed. We need to investigate the functionality of this token. We will also introduce the BEE token through this research.
=> Cent/BEED Liquidity Pool and LP Reward Distribution Active
We announced the Cent/BEED liquidity pool 15 days ago. We added a total of 750 BEE tokens as LP rewards to the liquidity pool. We also added a total of 150 BEED tokens as LP rewards to the Cent/Bee liquidity pool. As the operation becomes more efficient, the demand for these pools and the returns they offer will increase. We will offer a solution that will allow users to easily obtain either Bee or BEED tokens, or both, at a lower cost. All of this will further increase the demand for Cent. Follow for quick access to new announcements and reports. See you soon.