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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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427
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Website
https://ref-hunters.ch/ctpsb/index.php
Created
2020-08-23 17:07
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ctpsb
tribes
1y
Building reserves for CTPSB
With the CTPSB project, we have accumulated a total of 600 LEO tokens over time. Since we follow the curation trail of liotes.voter that hardly votes on posts made on inleo, we generated almost no curation
$ 4.578
106
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ctpsb
tribes
1y
CTPSB: 4x in 5 years ?
The CTPSB tokens is a great example that illustrates the power of compound interests. We started the project on the first of October 2020. In two months time, we will celebrate the 5th anniversary of this
$ 4.814
200
2
3
ctpsb
tribes
1y
Let's get back to work
During the last two weeks, I was on holidays in Türkiye and to be honest, I very seldom logged into Hive while I was there. It was too hot, too busy and I simply wanted some time away from the computer...
ctpsb
tribes
1y
34'000 Hive Power on @ctpsb
It's interesting to see that the underlying account of the CTPSB token has taken another milestone by reaching more than 34'000 HP this week. With exactly 34'078 HP on the account @ctpsb, we are at the
ctpsb
tribes
1y
CTPSB Website Up to date
In the last post, I was writing that it was high time to update the CTPSB website. There was still all the content related to CTPSB NFT's that was on it. So this week, I opened my editor and started to
ctpsb
tribes
1y
Next task: update the CTPSB website
Since the first weeks of the CTPSB project, we had a website about everything related to the project. I have to admit that so far it wasn't my priority to keep this website up to date. However, when I
ctpsb
tribes
1y
Back to over 33'800 HP on @ctpsb
As we explained in the latest post, we have now reached and passed the level of Hive Power on the @ctpsb account from before when the rebalancing took place about 2 months ago. We have now reached the
ctpsb
tribes
1y
Almost back at level before rebalancing
A bit more than a month ago, we started a rebalancing movement for CTPSB. This meant that we were powering down the account and burning the according number of tokens in circulation. The purpose of this
ctpsb
tribes
1y
Above 15% APR for CTPSB
Since the last CTPSB update 7 days ago, we have received two post payouts. This allowed to increase the hive power of the account quite significantly by 90 HP. Thanks to that, the APR of the project,
ctpsb
tribes
1y
Stable return in Liquidity pool thanks to CTPSB
As you might know, the only way to actually earn CTPSB tokens is to provide liquidity in the Liotes Diesel Pool LEN:LENM. If you provide liquidity there, you will get some CTPSB tokens every day as a reward.
ctpsb
tribes
1y
The Rebalancing has now ended
In the last three weeks, we run a rebalancing for the CTPSB project. This means that we powered down hive power and then with this money, we bought CTPSB tokens from the market maker and burnt them. The
ctpsb
tribes
1y
One more week of rebalancing
Two weeks ago we started a rebalancing of the project. We powered down the underlying account @ctpsb of the project and we burnt the according number of CTPSB tokens. The idea of the rebalancing is to
ctpsb
tribes
1y
56 CTPSB tokens burnt this week in rebalancing
Last week, we started a rebalancing of the project which consists in powering down some hive power and in burning the according amount of CTPSB tokens. The purpose of this rebalancing is to react to market
ctpsb
tribes
1y
Rebalancing started
From the very beginning of the CTPSB project, there was a market maker actif for the token that would reproduce the value of the token that is defined by the hive power on the @ctpsb account divided by
ctpsb
tribes
1y
CTPSB has an 18% burn rate !
There are a total of 11'498 CTPSB tokens that were emitted. Of these tokens, 9432 CTPSB are currently in circulation and 2066 tokens were burnt. The burn rate is at 18%. The interesting thing is to compare
ctpsb
tribes
2y
Why CTPSB matters for the Liotes project
When the CTPSB project was added to the Liotes ecosystem, it wasn't only for reasons proper to CTPSB. This token is actually fulfilling an important role for Liotes. One of the main income sources for
ctpsb
tribes
2y
How to disinvest from CTPSB ?
You might be wondering why I write about such a topic. For all the projects that I run, I want to provide a door for people who need to take their money out. You never know what life has in store for you
ctpsb
tribes
2y
Growing the burn account
We have paid close to 700 Hive in dividends last weeks to 30 holders of CTPSB NFT's. This was the last dividend payment related to these NFT's. The power down on the ctpsb.ctp account continues until the
ctpsb
tribes
2y
700 Hive paid to CTPSB NFT holders
The CTPSB project is several years old and at a time we started to create and distribute NFT's on the WAX blockchain. With the disappearance of the CTP community these NFT's little by little lost their
ctpsb
tribes
2y
Post rewards are becoming less important for CTPSB
For a long time, it was paramount for the CTPSB project to create at least one post a week to insure a constant growth of the project. It's still true that post rewards give a nice boost to the APR but
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