Hive-Engine Investments Report (February 2024) and Current Account Status

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In a few reports we have shared before, we mentioned that the signals of the bull season for cryptocurrencies are starting to come. We frequently included this issue, especially in the final reports of 2023. And we announced that we unlocked the tribal tokens we staked. With the arrival of 2024, we have focused more on trade and investment transactions at Hive-Engine. We bought back Cent and CentG with some of the revenue we earned. We reinvested the remaining part. And we tried to rent more HP. Let's look at the results of the transactions in February.

  • We have 400 Hive/Swap.Hive and 990 HP. We will do some more power down to increase our capital in Hive-Engine. It has 11,500 HP on lease. We lost some HP due to the suspension of rental transactions on the Dlease.io website. However, we will close this gap by making new leases in a short time.
  • 15 HBDs were transferred to HBD Savings. We think the interest rates are extremely high. This high rate of HBD interest is a big problem for the Hive price and the future of Hive Coin. However, we will continue to benefit from this opportunity as required by the competition.
  • 50 Drip staked. Apart from trading transactions, Bro, Index, Dhedge etc. We started looking into passive income tokens.
  • We did not include a few tokens in this list because trading continues momentarily. At the same time, we did not include orders added to liquidity pools and token markets to the list.

We added some of the income we earned from Hive-Engine investments and trading transactions to the HBD/Cent pool as LP rewards. The APR on the Cent/CentG liquidity pool remained very high. The APR rate in this pool should not disrupt the balance in other pools. And there is an expectation of more liquidity in the HBD/Cent pool. Added rewards; 25000 Cents and 10 HBD. Current APR on HBD/Cent pool is 177%. The liquidity ratio in liquidity pools is constantly increasing. However, we still could not reach the expected liquidity level. We will publish a liquidity pools report in the coming days. Follow this account for new announcements and news.

Hive-Engine Investments Report (February 2024) and Current Account ... | Ecency