Thanks @anadolu for this precious opportunity to share about what's happening on the hive blockchain that many do not know about. First of all, many do not about the wealth that's hidden in the Hive-Engine Side-chain platform. Today, I'll be looking at the HBD/Cent and Cent/Leo liquidity pools.
In June @anadolu have an update about the current liquidity pools of those Hive-Engine tokens that cent is paired with and this is the stats:
We slightly increased the liquidity provider rewards in the HBD/Cent pool. The pool's current APR rate is 62%. There is $800 worth (477,349SWAP.HBD/68,426.49 CENT) of liquidity in the pool.
There is $550 (39,769,074 CENT/4,961,044 LEO) worth of liquidity in the Cent/Leo pool. The current APR rate of the pool is 68%.Source
Looking at the above one will see that the APR in the HBD/Cent is around 62%, although this might have changed drastically due to the current bear market, but I'll use this for now to analyze. This liquidity pool is worth $800. This means that anyone that needs Cent tokens for staking can go to tribaldex and swap HBD to Cent as well as Leo and other Hive-Engine tokens.
RE: Event Announcement: How to Use Liquidity Pools in Hive-Engine?