Hello dear Cent Community. It's been 24 days since we announced the Cent/Bee liquidity pool. The liquidity value in the pool exceeded $365. It was time to publish a new liquidity pools report. In the future, we aim to publish a liquidity pools report in the middle of every month. We will also evaluate the last month's changes in each report. There are five liquidity pools. These pools have $5,400 worth of liquidity. Let's talk about the current situation in the pools.
The reward distribution period in the HBD/Cent liquidity pool ends in approximately one week. When this period is completed, we will start a new reward distribution period. We were previously adding some of the revenues we earned from Hive-Engine Transactions to the Hive/CentG liquidity pool. Once this token is liquidated, we will begin adding rewards to the HBD/Cent liquidity pool. Therefore, there will be more APR in this pool than there should be.
Additionally, one of the criticisms about the Cent Project was that "the APR rate in Cent pools is higher than the average of other Hive-Engine pools." The liquidity we expect is greater than the current liquidity. As we reach our target liquidity amount, the APR on Cent pools will automatically drop to the average APR rate in Hive-engine. Follow this account for new news and event announcements.
