Hello. The last few days have been very busy for me. On the one hand, I was busy with other things. On the one hand, I traded Hive on exchanges. On the one hand, I tried to stabilize the cent price in the Hive/Cent market and in the CENT pools. Hive made powerful upward attacks. Other Hive Engine tokens have officially crashed. Reducing imbalance was particularly challenging in CENT/x pools. Because there are big scissors in Hive/Leo, Hive/Pob and Hive/Cent markets. It looks like such situations will continue due to Hive's price action. In addition, in many Hive-based applications, the Hive price is determined according to HBD instead of US Dollars. The HBD price, on the other hand, makes it difficult for Cent to balance the price.
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So I decided to make a change as Cent Community originally suggested. The Price of CENT has become volatile. Again, it targets a price value of $0.01. However, the previously mentioned limits such as 0.0075-0.0125 have been removed. There is no change in token supply, reward distribution. Only if the coin price tends to rise/fall excessively; We can adjust the coin supply. All changes will continue to be announced in the @centtoken account below. As explained in previous posts, CENT Token is not just a tribal token. Work on further development and usability will continue.
- There is 50% author / 50% curator earnings in the prize pool. All author and curator awards are distributed in liquid form. As with the Hive distribution, there is a 7-day cooldown. Unstake process is completed in 28 days in 4 installments.
- There are four liquidity pools. Hive/Cent, Hbd/Cent, Cent/Leo and Cent/Pob. Liquidity provider rewards are distributed across all pools. More liquidity pools and liquidity provider rewards will be added.
Articles and announcements about Cent:
@centtoken