Hello everyone. November was a month of price declines for Cent. The appreciation had been steady for the past three months. This pattern was broken in November. I hope the upward trend continues in December. Last month, the Cent price was 0.00315 Hive. At the beginning of this month, it was trading at 0.00166 Hive.
- In the last two weeks of November, we burned approximately 1,600,000 CENT (1, 2). We withdrew the liquidity provided by
from the liquidity pools. The obtained CENT tokens were burned. We added the other BEED, HBD, Tribe, and Trade tokens to liquidity pools as LP rewards.
- Last week, I published a current status report on the TRADE token. This week, I will announce a stablecoin work. I will publish another report on the TRIBE token in the coming days. These efforts will continue the positive trend in the Cent price and increase price stability.
- As can be seen in the data below, there is a loss of liquidity in dollar terms. When I published last month's report, Hive was at $0.13, while Cent was at 0.0031 Hive. Both tokens lost value. As mentioned above, we withdrew the liquidity provided by
Cent Tokenomics:
Last month, there was $16.188 worth of liquidity in Cent liquidity pools. This month, there is $7.104 worth of liquidity. There was $35.205 worth of trading volume in liquidity pools. This month, there is $25.500 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 $1355 worth of liquidity in the Hive/Cent liquidity pool. There was $9397 worth of trading volume last month. The current APR in the pool is 40%.
- There is $1030 worth of liquidity in the HBD/Cent liquidity pool. There was $2571 worth of trading volume last month. The current APR in the pool is 60%.
- There is $669 worth of liquidity in the Cent/BEED liquidity pool. There was $2873 worth of trading volume last month. The current APR in the pool is 100%.
- There is $696 worth of liquidity in the Cent/BTC liquidity pool. There was $927 worth of trading volume last month. The current APR in the pool is 26%.
- There is $444 worth of liquidity in the Cent/ETH liquidity pool. There was $652 worth of trading volume last month. The current APR in the pool is 52%.
- There is $1008 worth of liquidity in the Cent/Bee liquidity pool. There was $1479 worth of trading volume last month. The current APR in the pool is 73%.
- There is $873 worth of liquidity in the Cent/Leo liquidity pool. There was $2167 worth of trading volume last month. The current APR in the pool is 19%.
- There is $345 worth of liquidity in the Cent/Pob liquidity pool. There was $796 worth of trading volume last month. The current APR in the pool is 26%.
- There is $326 worth of liquidity in the Cent/Tribe liquidity pool. There was $2440 worth of trading volume last month. The current APR in the pool is 128%.
- There is $230 worth of liquidity in the Cent/Trade liquidity pool. There was $1856 worth of trading volume last month. The current APR in the pool is 140%.
- There is $30 worth of liquidity in the Atx/Cent liquidity pool. There was $111 worth of trading volume last month. The current APR in the pool is 131%.
- There is $98 worth of liquidity in the Cent/Lbi liquidity pool. There was $232 worth of trading volume last month. The current APR in the pool is 91%.
- There is $639 worth of liquidity in the Hive/Trade liquidity pool. There was $1786 worth of trading volume last month. The current APR in the pool is 62%.
- There is $1195 worth of liquidity in the Hive/Tribe liquidity pool. There was $1486 worth of trading volume last month. The current APR in the pool is 85%.
Last month's report is here. Follow