There isn't yet a stable cryptocurrency with an actively used market and liquidity pool on the Hive-Engine. There are a few liquidity pools that distribute satisfactory LP rewards, but even these lack sufficient liquidity. Recently, like all digital markets, cryptocurrencies and Hive have experienced sudden price shocks and extreme volatility.
The SHORT Token was created a few days ago. You can use the token to profit from potential downward trends in the Hive price. We launched the token at a Hive price of 0.17. We kept the price quite low so that all users can benefit and perform fractional trading. We are tracking the reference price using the Hive/USDT pair on Tradingview. We will use liquidity pools, market maker transactions, etc., to reduce the token's volatility.
The token is supported by the Cent Project. It will be managed by the @centtoken account. We have created the Cent/Short liquidity pool and have started distributing LP rewards. We will add CENT, HIVE, and HBD tokens to the liquidity pool as LP rewards. Later, Hive/Short, HBD/Short, etc. liquidity pools will be created. The main price movement of the token will occur in the liquidity pools. Therefore, placing small, incremental buy and sell orders in the token market will be more profitable.
Token name: Hive Short
Symbol: SHORT
Maximum supply: 1,000,000 (100,400 in circulation)
Management account: @centtoken
Stakeability: Yes.
Unstaking: Can be unstaken in 30 equal installments over 30 days.
For token trading:
https://tribaldex.com/trade/SHORT
https://hive-engine.com/trade/SHORT
https://tribaldex.com/swap?from=CENT&to=SHORT
https://www.hive-swap.com/swap
Hive/Short Liquidity Pool and LP Reward Distribution Active
HBD/Short Liquidity Pool and LP Reward Distribution Active
Image source: Gemini AI