I'm back home after my tour of Switzerland. I had a very nice time but it was quite cold.
After the last update where we celebrated reaching 6000 HP with the 
The first phase
During the month of September, people had the possibility to send hive, hbd, beneficiary rewards or even delegations to the
If you want to send some more hive to the
The second phase
On the first of October, probably around 8am CET, the tokens will be emitted. If some hive came in before this time but after the midnight the day before, I will still credit tokens. After the tokens have been emitted, all the hive that comes in on the
The market maker (MM)
The market maker has invested 200$ in hive. This gave a total of 1350 Hive. 675 Hive was sent to the
The MM puts all his tokens for sale at a price that is about 2% about the value of the token. He will also use a percentage of his liquid Hive to set some buy orders, also about 2% away from the value of the token.
If the token value is 1 Hive. The Market Maker will sell tokens for 1.02 Hive and put buy orders for 0.98 Hive.
The spread between these buy and sell prices, will allow the market maker to grow alongside the project and increase the liquidity.
How to buy CTPSB tokens after the 1st of October
The only way to buy CTPSB tokens after 1st of October is to buy them on the hive-engine market. The market maker will always sell 100% of the tokens that he owns. He will however only use a percentage of his liquid funds to buy back tokens.
How the project grows in the second phase
By buying tokens on the market. The tokens sold on the market by the market maker will be bough back from the
Our objective is now to continue to make the account grow.
The account will also grow with all the income that it generates. Curation rewards, Author rewards, Beneficiary rewards and interests for powering up will cumulate and make the value of the token grow. At the same time the
Learn more about the CTP Swarm Booster:
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