Hello everyone. Cent's seventh liquidity pool has become active. Today we created the Cent/Trade liquidity pool. After the pool was created, I added some liquidity. When I checked while creating this content; $5.8 worth of trading volume had already occurred in the liquidity pool. With this pool, the depth in the markets of Cent and Trade tokens and in the liquidity pool will increase even more. Therefore, the volatility in both tokens will decrease. And price movements will become more consistent.
We created the Trade token in September. The purpose of creating the token was to manage the Hive-Engine Investments Study more actively and to effectively distribute some of the income from the study.
The liquidity amount in the Hive/Trade pool has reached $2800 (approximately 10,000 Hive). Reaching such a liquidity amount in a short time is certainly successful. However, we could not reach the expected liquidity and trading volume in the Hive/Trade market. Some days, there are no transactions in the market. The first reason for this may be that the token reflects the investment token style. The low trading volume will not be a problem for the liquidity pool. However, if any user enters a large amount of buy/sell orders, there will be extreme volatility in the price. The vast majority of Hive-Engine users prefer to enter market orders instead of entering limit orders. Therefore, we needed to increase the depth in the market. We can easily provide this with a third token. The presence of a liquidity pool with HBD, BTC and Bee made Cent a good option. The presence of a liquidity pool with a third token will increase the trading volume of the Trade token. Any price change in Hive, BTC, HBD, Bee, Cent, Leo, Pob and Trade tokens will trigger arbitrage users and arbitrage bots. The number of user or bot orders and order sizes in the Hive/Trade market will increase. This will result in increased depth and liquidity. You can find more data in the monthly and weekly published reports. Therefore, it would be useful to follow the 