Hello everyone. About a month ago, I published an update regarding Cent. The maximum supply of CENT has been reduced to 100,000,000 tokens. Cent's reward pool was generating 4 new tokens per minute. Currently, the reward pool is generating 2 new tokens per minute.
Compared to July, the amount of liquidity in Cent's liquidity pools has nearly doubled. Similarly, the monthly trading volume in the liquidity pools has nearly doubled. When I published the previous report, the Cent price was 0.00155 HIVE. The current Cent price is 0.00245 HIVE.
Cent Tokenomics:
Last month, there was $10.953 worth of liquidity in Cent liquidity pools. This month, there is $19.976 worth of liquidity. There was $21.763 worth of trading volume in liquidity pools. This month, there is $48.270 worth of trading volume.
The reward pool generates 2 new tokens per minute. This means 2880 tokens are generated per day and 1.051.200 tokens are generated per year. The generated tokens are distributed as 50% curator rewards and 50% author rewards. All distributed rewards are paid in liquid form. If you initiate a power outage, your tokens will be paid out within 28 days (in 4 installments). If you withdraw a Cent delegation, your voting power returns after 7 days.
Current Status of Liquidity Pools:
- There is $3683 worth of liquidity in the Hive/Cent liquidity pool. There was $16150 worth of trading volume last month. The current APR in the pool is 51%.
- There is $1763 worth of liquidity in the HBD/Cent liquidity pool. There was $3110 worth of trading volume last month. The current APR in the pool is 43%.
- There is $1108 worth of liquidity in the Cent/BEED liquidity pool. There was $3349 worth of trading volume last month. The current APR in the pool is 45%.
- There is $1143 worth of liquidity in the Cent/BTC liquidity pool. There was $1367 worth of trading volume last month. The current APR in the pool is 38%.
- There is $1056 worth of liquidity in the Cent/ETH liquidity pool. There was $1278 worth of trading volume last month. The current APR in the pool is 53%.
- There is $1781 worth of liquidity in the Cent/Bee liquidity pool. There was $2800 worth of trading volume last month. The current APR in the pool is 50%.
- There is $2172 worth of liquidity in the Cent/Leo liquidity pool. There was $9300 worth of trading volume last month. The current APR in the pool is 45%.
- There is $1702 worth of liquidity in the Cent/Pob liquidity pool. There was $1020 worth of trading volume last month. The current APR in the pool is 46%.
- There is $1586 worth of liquidity in the Cent/Tribe liquidity pool. There was $2118 worth of trading volume last month. The current APR in the pool is 50%.
- There is $1452 worth of liquidity in the Cent/Trade liquidity pool. There was $2832 worth of trading volume last month. The current APR in the pool is 50%.
- There is $160 worth of liquidity in the Atx/Cent liquidity pool. There was $145 worth of trading volume last month. The current APR in the pool is 49%.
- There is $1556 worth of liquidity in the Hive/Trade liquidity pool. There was $3273 worth of trading volume last month. The current APR in the pool is 140%.
- There is $814 worth of liquidity in the Hive/Tribe liquidity pool. There was $1529 worth of trading volume last month. The current APR in the pool is 83%.
Last month's report is here. Follow 