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The Swarm Booster - A Community Token Project
@ctpsb
70
The @ctpsb account is a tokenized hive account. It is the underlying asset of the CTPSB token that can be traded on hive engine.
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Website
https://ref-hunters.ch/ctpsb/index.php
Created
2020-08-23 17:07
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ctpsb
tribes
2y
RE: We are getting closer to the big NFT dividend distribution
Thanks for stopping by!
$ 0.000
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ctpsb
tribes
2y
RE: We are getting closer to the big NFT dividend distribution
It's the final NFT dividend payment :-)
$ 0.000
0
ctpsb
tribes
2y
RE: We are getting closer to the big NFT dividend distribution
The burns really help the APR in the long run.
ctpsb
tribes
2y
RE: We are getting closer to the big NFT dividend distribution
Thanks a lot for your comment!
ctpsb
tribes
2y
RE: Bigger token burns initiated
Over the last weeks, we have accumulated quite some rewards and now we burn a bit more than what comes in until we are even again. After that we will probably burn again around 0.7 CTPSB per week.
ctpsb
tribes
2y
RE: Bigger token burns initiated
The funds are gathered from the liquidity position LEN:LENM the ctpsb.pal account is the second biggest liquidity provider and it gets daily rewards in CTPSB, swap.btc, LEN that are used to burn tokens.
ctpsb
tribes
2y
RE: Bigger token burns initiated
Thanks man!
ctpsb
tribes
2y
RE: Bigger token burns initiated
You are welcome!
ctpsb
tribes
2y
RE: Bigger token burns initiated
The tokens are actually earned through a liquidity position in the pool LEN:LENM. The ctpsb.pal (the burn account of the project) account gets daily rewards in CTPSB, swap.btc and LEN tokens. These rewards
ctpsb
tribes
2y
RE: 5100 Hive in CTPSB Market Maker
The spread is actually necessary for the market maker to grow in size. Since token value increases over time, the market maker needs to do so as well. I mean the spread can be shortened by people placing
ctpsb
tribes
2y
RE: 5100 Hive in CTPSB Market Maker
Thanks for stopping by!
ctpsb
tribes
2y
RE: 5100 Hive in CTPSB Market Maker
Happy to hear that :-)
ctpsb
tribes
2y
RE: 5100 Hive in CTPSB Market Maker
It would be great to have a bot do all this in the background. So far, I'm setting all orders manually about once a day.
ctpsb
tribes
2y
RE: 5100 Hive in CTPSB Market Maker
The market maker buys and sells CTPSB by setting buy and sell orders around the token value. It sells CTPSB back to the project only if it runs out of hive liquidity. This can happen when a lot of people
ctpsb
tribes
2y
RE: Update about big NFT dividends
You are welcome!
ctpsb
tribes
2y
RE: Update about big NFT dividends
You are welcome :-)
ctpsb
tribes
2y
RE: Update about big NFT dividends
Thanks for stopping by!
ctpsb
tribes
2y
RE: Directing the energy towards Growth
Both projects can bring a lot to the table to help each other :-)
ctpsb
tribes
2y
RE: Directing the energy towards Growth
You are welcome!
ctpsb
tribes
2y
RE: Directing the energy towards Growth
It gives me some confidence to know that another person would have the keys if I fall ill for example.
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