Monthly Cent Tokenomics Report (10/26)

anadolu(71)
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Hello. I'm posting the monthly report a little late because I'm waiting for the results of some updates. When last month's report was published, the Hive price was $0.056. The current price is $0.044. When last month's report was published, the Cent price was 0.00102 Hive. The current Cent price is 0.00107 Hive.

We have launched the reward pool for the SHORT token. You can earn SHORT tokens as author rewards on the CENT community page and for content you create using the 'cent' tag. You can also curate content using the 'cent' tag and on the CENT community page. Detailed information will be shared in the SHORT promotional text and in centtoken@centtoken's weekly reports. 1000 BEE was borrowed from the anadolu@anadolu account for these transactions. It is being repaid in 4 installments.

CENT token buybacks are ongoing. The centtoken@centtoken account has reached 1.68 million CENT. We are adding a portion of the earned Cent tokens to the Cent/CentG liquidity pool as LP rewards. The average APR of HBD rewards distributed for Cent staking last month was 40%. We continue to distribute rewards with a 10% APR (HIVE) to those staking SHORT tokens. In the SHORT Study, rewards are primarily distributed in the Hive/SHORT liquidity pool.

Rewards for the TRADE and TRIBE Studies are distributed in the respective CENT pools of the tokens. The current APR in the Cent/Tribe liquidity pool is 206%. The current APR in the Cent/Trade liquidity pool is 98%. We have focused on HP and BEE accumulation and curation. However, we continue to accumulate Sports, Pob, Vyb, Pepe, etc. tokens as well. The centtoken@centtoken account primarily votes on daily token burning posts.

Cent Tokenomics:
All CENT tokens are in circulation. There are 89,939,000 CENT tokens in circulation. 38.994 million CENT are staked. 40.5 million CENT are in liquidity pools. The remaining tokens may be held in pools as liquidity provider rewards or may be liquid in users' wallets. Last month, CENT liquidity pools held $4746 worth of liquidity. This month, they hold $3992 worth of liquidity. Trading volume in liquidity pools was $3950 last month. This month, it is $2769.

Current status of Cent's liquidity pools:
SWAP.HIVE/CENT, TVL: $746, 30 D Wol: 789$
SWAP.HBD/CENT, TVL: $500, 30 D Wol: 298$
CENT/SHORT, TVL: $228, 30 D Wol: 462$
CENT/BEED, TVL: $450, 30 D Wol: 128$
CENT/TRIBE, TVL: $729, 30 D Wol: 327$
CENT/TRADE, TVL: $198, 30 D Wol: 124$
CENT/CENTG, TVL: $42, 30 D Wol: 69$
CENT/BEE, TVL: $527, 30 D Wol: 173$
CENT/SPS, TVL: $33, 30 D Wol: 23$
CENT/SWAP.BTC, TVL: $223, 30 D Wol: 83$
CENT/SWAP.ETH, TVL: $17, 30 D Wol: 57$
CENT/SWAP.USDT, TVL: $6, 30 D Wol: 23$
CENT/LEO, TVL: $54, 30 D Wol: 12$
CENT/POB, TVL: $62, 30 D Wol: 141$
CENT/LBI, TVL: $166, 30 D Wol: 54$
ATX/CENT, TVL: $11, 30 D Wol: 6$

Regarding the Cent Project, the current status of liquidity pools other than the Cent pair is as follows:
SWAP.HIVE/SHORT, TVL: $136, 30 D Wol: 170$
SWAP.HBD/SHORT, TVL: $72, 30 D Wol: 61$
SWAP.HIVE/TRIBE, TVL: $159, 30 D Wol: 135$
SWAP.HIVE/TRADE, TVL: $235, 30 D Wol: 96$
SWAP.HIVE/CENTG, TVL: $59, 30 D Wol: 35$

Last month's report is here. Follow centtoken@centtoken for new reports and news.

Monthly Cent Tokenomics Report (10/26) | Ecency