SHORT Token Current Status

Hello. I mentioned last week that I would be publishing a report on the SHORT token. The HBD/SHORT liquidity pool has been active for a week now. Activity in the liquidity pools is increasing daily. However, we are progressing quite slowly in the token market. The current trading volume in the Hive/SHORT market is $19. We need market makers in the Hive/SHORT market.

There are 100,000 SHORT tokens in circulation. Approximately 85,000 of these tokens are in liquidity pools. The liquidity pools hold approximately $1750 worth of liquidity. You can see the current status of the pools below.

Hive/SHORT
Liquidity: $146
Weekly trading volume: $99
APR: 82.8%

HBD/SHORT
Liquidity: $36
Weekly trading volume: $5
APR: 1006.4%

Cent/SHORT
Liquidity: $1560
Weekly trading volume: $501
APR: 120.8%

The Hive account@centtoken account actively acts as a market maker in both the liquidity pool and the token market. It provides liquidity to liquidity pools and executes transactions to stabilize the token price using tools like Hive account@dswap. Hive account@centtoken does not receive LP rewards from the Cent/SHORT liquidity pool. This is because Cent's USDT, HBD, BEED, and SHORT pools are included in the Stablecoin Study. However, we can earn LP rewards if we provide liquidity to HBD/SHORT, Hive/SHORT, etc. liquidity pools. Our aim in doing this is to maintain the APR balance in the liquidity pools.

We will soon begin distributing rewards to market makers in the Hive/Cent and Hive/SHORT markets. You can find the relevant announcement here. Cent buybacks are ongoing. You can find the relevant announcement here. See you soon. Stay tuned.