Monthly Cent Tokenomics Report (8/26)

When I published the previous report, the Hive price was $0.042. The current Hive price is $0.044. When I published the previous report, the Cent price was 0.0011 Hive. The current price is 0.001 Hive.

The Cent Delegation Study has been discontinued. Instead, we have launched Cent staking rewards. You can access the latest report here. In July, the percentage of Cent added to and staked in liquidity pools was 78.2%. In August, this rate reached 89.6%. The liquidity value in the pools decreased due to the price fluctuations of the tokens. However, there was a 15.4% increase in trading volume.

• We have activated the staking feature for the SHORT token. We will also activate the reward pool shortly. We plan to create a front-end using Cent's community page and turn it into a tribe where you can earn SHORT tokens.
• We burned 16,000 tokens as part of the TRADE Study. All tokens (5,000 TADE) are in circulation.
• As part of the TRIBE Study, we released and burned 75,000 TRIBE tokens into circulation. There are currently 25,000 TRIBE tokens in circulation.

More information regarding the above data will be shared this week. The promotional texts for the relevant tokens and related projects will be updated. For example, we had set a price target of 1 Hive for the TRIBE token. However, 75% of the TRIBE tokens have been burned. Even the value of HP, BEE, SPORTS, POB, VYB, etc. tokens in the @centtoken account exceeds 50% of the value of the TRIBE tokens in circulation. Therefore, we will need to make updates to the TRIBE token's promotional text.

In conclusion, updates are necessary in line with the target price policy we set for the CENT token in studies related to the Cent Project. Therefore, I recommend that you follow the weekly updates that will be shared by the @centtoken account.

Cent Tokenomics:
All CENT tokens are in circulation. There are 89,939,000 CENT tokens in circulation. 40.656 million CENT are staked. 39.891 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 $4338 worth of liquidity. This month, they hold $3534 worth of liquidity. Trading volume in liquidity pools was $3109 last month. This month, it is $3589.

Current status of Cent's liquidity pools:
SWAP.HIVE/CENT, TVL: $595, 30 D Wol: 1350$
SWAP.HBD/CENT, TVL: $503, 30 D Wol: 565$
CENT/SHORT, TVL: $147, 30 D Wol: 343$
CENT/BEED, TVL: $406, 30 D Wol: 140$
CENT/TRIBE, TVL: $398, 30 D Wol: 271$
CENT/TRADE, TVL: $141, 30 D Wol: 157$
CENT/CENTG, TVL: $108, 30 D Wol: 64$
CENT/BEE, TVL: $474, 30 D Wol: 266$
CENT/SPS, TVL: $23, 30 D Wol: 17$
CENT/SWAP.BTC, TVL: $266, 30 D Wol: 165$
CENT/SWAP.ETH, TVL: $36, 30 D Wol: 12$
CENT/SWAP.USDT, TVL: $75, 30 D Wol: 28$
CENT/LEO, TVL: $75, 30 D Wol: 39$
CENT/POB, TVL: $123, 30 D Wol: 108$
CENT/LBI, TVL: $153, 30 D Wol: 60$
ATX/CENT, TVL: $11, 30 D Wol: 4$

Regarding the Cent Project, the current status of liquidity pools other than the Cent pair is as follows:
SWAP.HIVE/SHORT, TVL: $124, 30 D Wol: 142$
SWAP.HBD/SHORT, TVL: $68, 30 D Wol: 56$
SWAP.HIVE/TRIBE, TVL: $154, 30 D Wol: 130$
SWAP.HIVE/TRADE, TVL: $127, 30 D Wol: 88$
SWAP.HIVE/CENTG, TVL: $60, 30 D Wol: 40$

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