In the previous report, we announced that the accounts managing the Tribe and Trade studies had been changed. Tribe and Trade tokens are now managed in isolation. Stablecoin Study updated.
Ten days ago, we created a token called SHORT. We have activated the Hive and Cent liquidity pools. These liquidity pools have begun distributing LP rewards.
The reward distribution period for the Cent/Bee and Cent/BEED liquidity pools had ended. We have restarted reward distribution in both liquidity pools. We have added some rewards to these liquidity pools. However, due to the costs of the SHORT token (2,300 BEE), the current APR in the liquidity pools is somewhat low. Within a few weeks, the LP reward APR in all four aforementioned liquidity pools will reach a satisfactory level.
The SHORT token will act as insurance against potential price drops in Hive. We added $625 worth of liquidity to the Cent liquidity pool. We continue to place market maker orders in the Hive/Cent market. The current APR in the Hive/Short liquidity pool is 285%. The current APR in the Cent/Short liquidity pool is 1%. We will provide more information about the token and its operation in the coming weeks. For now, you can find information about the token via the links above.
We have set a one-year reward distribution period for the Cent/Bee liquidity pool. The current APR in the pool is 26%. The Cent/BEED liquidity pool is being evaluated within the scope of the Stablecoin Study. We have set a 730-day reward distribution period for the pool. The current APR in the pool is 8%.
Stablecoin Study
Due to the creation of new liquidity pools and the restart of LP reward distribution in some liquidity pools, there are no stablecoins in theaccount. We will unstake some HP and Bee to make market maker transactions more efficient in the Hive/Cent and Hive/Short markets. We added 37 BEED and 730,000 Cent to the Cent/BEED liquidity pool, where the reward distribution period has been restarted. We will add some more BEED and Bee tokens as LP rewards in the coming period.
Delegation Works
We also received delegations of 39,390 HP, 15,500 BEE, 7.268.000 CENT, 10.306.000 SPORTS, 799,000 POB, and 67,500 VYB. We did not include data for liquid tokens as trading and investment transactions are ongoing.
Note: The transfer of tokens purchased as part of the Tribe Token Project to the 
You can access the latest report on the Cent Project here. The previous report on ongoing work and account status is here. The previous report on Delegation Works is here.
