It Makes Good Economic Sense to Earn CENT!

There are few things I like more here on HIVE than the birth of a new tribe. The chance to get in early and get a head start on building a stake.

So I was very happy to learn about the new tribe CentBlog.


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A Home to Discuss Economics

CentBlog's focus is on ecomomics and things to do with money. From their about post:

Cent community focuses on economy. Microeconomics, Macroeconomics, Economic History, International Economics, Home Economics, Agricultural Economics, Labor Economics, Tourism Economics, Democracy, Investment, Finance, Defi etc.

CENT is an Attempt At Stablecoin

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The most interesting part of the CentBlog tribe to me is that the token CENT is intended to be a stable token worth $0.01. If they can make it work, it will be the first tribal reward token to be a stable token.

It will be interesting to see if people use the CENT token as a hedge during down times. At a minimum staking CENT will help spread risk in your HIVE portfolio by giving you a token with fixed value that you can earn curation rewards with.

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A New Tag To Earn With

I post a lot about cryptocurrency and finance related topics so I plan to add #CENT to my list of tags to use. The topic focus of CentBlog is not generic but it is pretty broad and in my wheelhouse.

I'm also very much a "If I Make It, I Stake It." kind of guy, so I also look forward to curating on the CentBlog too. I'm not sure what APR they are targeting for curation rewards. I would love another tribe with #POB like APR, especially with a stable price. But what ever it is it will be better than the bank pays me on the cents they hold for me.

And that is my 2 cents on CentBlog.

Congratulations @anadolu on getting the tribe up and running. Good luck with your plans to make CENT a stable coin. I will certainly be interested in watching how that goes and this community grows.

@captaincryptic

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