Hello again. Last week I announced an update regarding Tribe Token. From now on, I will be publishing a weekly report on the token and related work.
General status of the work:
The portfolio value in the account has exceeded one hundred dollars. We continue to move the staked tokens in the Tribe Token Study in the
account. We have started testing Bbho and Pepe tokens within the scope of the study. Currently, we are curating Bee, Cent, Sports, Neoxag, Pob, and Vyb tokens. At least 95% of voting power is consumed in burn posts shared by
.
Token status:
There are 20,000 TRIBE tokens in circulation. 5,000 tokens are in the Hive/Tribe and Cent/Tribe liquidity pools. Approximately 4,800 tokens are in the account. The remaining tokens may be in liquid form in users' accounts; or awaiting distribution as LP rewards.
Liquidity pools status:
There is $320 worth of liquidity in the Hive/Tribe liquidity pool. Current APR is 102%. There is $275 worth of liquidity in the Cent/Tribe liquidity pool. Current APR is 125%. We are adding work rewards to the Cent/Tribe liquidity pool. The Hive/Tribe liquidity pool will also be kept at 25% APR and above as much as possible.
I will share a screenshot below showing the current status of the account. You can follow the account's current status at https://hive-engine.com/@balina/wallet and https://peakd.com/@balina/wallet/hive-engine. See you again soon. Stay tuned.