In September, the Creative Coin Fund teased that we would set up a new liquidity pool with a then secret Hive Engine creative token.
On Friday we launched that pool on Tribaldex and BeeSwap: introducing CCC:MUSIC.
The CCC:MUSIC pool (with $130 in LP rewards), along with CCC:WIT ($1,360 LP rewards) and CCC:PHOTO ($240 LP rewards), completes a trifecta of Creative Coin liquidity pools set up by the Creative Coin Fund, all rewarding liquidity providers with a significant return on their contribution.
In addition, the pools offer ample arbitrage trading opportunities, sometimes for substantial gains. For example, you can now sell 1,000 CCC on the traditional Hive Engine market for 1.43 SWAP.HIVE, or you can swap it in the CCC:PHOTO pool for 1896.98 PHOTO, then sell that PHOTO in the SWAP.HIVE:PHOTO pool for 2.299 SWAP.HIVE, a 60 percent increase.
The reward distribution contract for the CCC:MUSIC pool will run for one year. We typically set the distributions on our pools for a 365-day span, and we've staggered them to expire throughout the year so we can stack up tokens for rewards in the interim. We're now beginning to stack rewards for a new contract on the CCC:PHOTO pool, which expires in April.
We also aim to maintain a 100 percent APR for liquidity providers throughout the year, so as prices increase and new investors join the pools, we add tokens as necessary (and as we're able) to the distribution contracts. Lately, we've been drawing down our contribution to the CCC:WIT and CCC:PHOTO pools and adding them to the contracts in order to beef up the APRs there.
Going Forward
Our goal going forward is to continue to invest in the 
Beyond that we continue to curate (and thoroughly enjoy) #creativecoin content three to five days a week. Keep it coming!
Merry Christmas and Happy New Year!
