Hello. The price of Cent continues to rise due to factors such as the limitation on Cent's maximum token supply, updates to the token's reward pool, strategies implemented in liquidity pools, etc. In my report last month, the price of Cent was 0.00245 HIVE. The current price of the token is 0.00265.
Last month, trading volume and liquidity in liquidity pools showed a positive trend in HIVE terms. However, the drop in the Hive price from $0.22 to $0.18 negatively impacted the situation in dollar terms. For example, the monthly trading volume in Cent's liquidity pools in dollar terms fell from $48,000 to $43,000. I have not included data from the Hive/Trade and Hive/Tribe liquidity pools in this month's liquidity and trading volume data. I will publish an update on the status of ongoing work.
Cent Tokenomics:
Last month, there was $19.976 worth of liquidity in Cent liquidity pools. This month, there is $16.271 worth of liquidity. There was $48.270 worth of trading volume in liquidity pools. This month, there is $42.891 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 $3300 worth of liquidity in the Hive/Cent liquidity pool. There was $14926 worth of trading volume last month. The current APR in the pool is 28%.
- There is $1555 worth of liquidity in the HBD/Cent liquidity pool. There was $1995 worth of trading volume last month. The current APR in the pool is 48%.
- There is $982 worth of liquidity in the Cent/BEED liquidity pool. There was $1612 worth of trading volume last month. The current APR in the pool is 49%.
- There is $1068 worth of liquidity in the Cent/BTC liquidity pool. There was $953 worth of trading volume last month. The current APR in the pool is 40%.
- There is $1130 worth of liquidity in the Cent/ETH liquidity pool. There was $886 worth of trading volume last month. The current APR in the pool is 48%.
- There is $1700 worth of liquidity in the Cent/Bee liquidity pool. There was $1556 worth of trading volume last month. The current APR in the pool is 51%.
- There is $2063 worth of liquidity in the Cent/Leo liquidity pool. There was $7777 worth of trading volume last month. The current APR in the pool is 52%.
- There is $1918 worth of liquidity in the Cent/Pob liquidity pool. There was $2597 worth of trading volume last month. The current APR in the pool is 51%.
- There is $1361 worth of liquidity in the Cent/Tribe liquidity pool. There was $4235 worth of trading volume last month. The current APR in the pool is 54%.
- There is $1088 worth of liquidity in the Cent/Trade liquidity pool. There was $6072 worth of trading volume last month. The current APR in the pool is 73%.
- There is $106 worth of liquidity in the Atx/Cent liquidity pool. There was $282 worth of trading volume last month. The current APR in the pool is 90%.
- There is $1202 worth of liquidity in the Hive/Trade liquidity pool. There was $4730 worth of trading volume last month. The current APR in the pool is 66%.
- There is $915 worth of liquidity in the Hive/Tribe liquidity pool. There was $2859 worth of trading volume last month. The current APR in the pool is 92%.
Last month's report is here. Follow 