If you go to our APR calculation for HE pools tool, you will see that there are 99 days left of payments in the reward pool linked to LEN:LENM.
While running such a reward pool, it's a constant endavour to refill this pool so that when this pool runs out, that we can fill a new pool and provide a nice return for liquidity providers. At the moment there is a total amount of 14'368 hive worth of tokens providing liquidity in this pool and the APR is over 31%. This means, if we want to provide a similar return, we will need to add around 4500 Hive in 100 days. We have been collecting tokens on a regular basis for this very purpose. So far we have collected:
0.00083849 Swap.BTC = 1450 swap.hive
220 CTPSB = 954 swap.hive
This means that with 100 days to go, there are about 2400 swap.hive collected for the next reward pool. In addition to that, we will probably suspend burning LEN for a couple of weeks to top this up. To sum up, we are on target to provide nice rewards for liquidity providers also once this reward pool runs out.
We have managed to burn 600 LEN tokens this week, which is 60% of the new supply. Also the APR in the pool LEN:LENM remains above 31%.
We have updated the Liotes Ranking. There were no people who reached a new title this week.
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