Hello dear Cent Community. Our work continues to increase the usability of Cent and keep the profitability rate high for its investors and users. Here, we decided to announce one of these works.
Those who encounter the Cent Project for the first time may find this situation a bit unusual. We both collect Cent delegations and distribute rewards. The reason for implementing such a strategy is as follows; As you know, there has been no pre-sale of Cent in any way. Again, we try to distribute as few Cent tokens as possible in liquidity pools. We try to reduce the Cent supply as much as possible. Therefore, we keep the Cent supply constant using the method mentioned above. We also meet the amount of Cent we need for market maker transactions, support for curators, etc.
Delegate Cent to @centtoken and earn at least 15% return per year. Our goal in this work is to provide a return reference for projects and users working on Cent delegation and to start a competition between businesses/intensify the existing competition. Currently, Cent can earn about 20-25% through staking and voting.
- Delegate at least 10,000 Cent to @centtoken. And earn at least 15% return per year. Delegations made under 10,000 will be ignored. Currently, 10,000 Cents can be purchased with approximately 32 Hive.
- Payments will be made in HBD. And the yield rates will increase in parallel with the income from 'Hive-Engine transactions'. However, unless a very important problem occurs, it will not fall below the 15% limit. As you know, we add a portion of the income we receive from 'Hive-Engine Transactions' to the HBD/Cent liquidity pool as a reward. Therefore, we thought it would be more appropriate to calculate the APR rate according to HBD.
- Payments will be made weekly. Unless there is any interruption, we will make regular payments on Saturdays. If you are thinking of taking back delegations; it would be more logical to take them back after receiving the reward of the previous week.
Thank you for your support for Cent. Feel free to share your opinions and suggestions about this or other parts of the project. You can contact us via our Discord channel or by using the comments. Follow this account for new announcements and news.
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