Hello again dear Cent Community. We haven't shared data for about a month. In the previous announcement, we mentioned that we will share reports and statistics monthly. In this post, we will talk about the current status of Cent's prize pool. We will present the token data. And we will talk about current liquidity and reward ratios in liquidity pools.
Cent's Prize pool generates 5760 tokens per day, 4 per minute. The tokens produced by the prize pool are distributed as author rewards and 50% curator rewards. All generated tokens are paid in liquid form. If you produce content on the Cent Community or Cent's front end, you will not be affected by the 10% author reward deduction.
There are 6,036,039 CENTs in circulation. 51% of circulating tokens are staked. Approximately 340,000 Cents were added to liquidity pools to be distributed to liquidity providers. Approximately 2,150,000 Cent has been added to the liquidity pools. The remaining tokens may be in users' wallets. Or it is entered as a limit order in the Hive/Cent market.
628 of CentG tokens have been added to liquidity pools. 140 CentG is waiting to be distributed as liquidity provider reward in Cent/CentG liquidity pool and 16 CentG in Hive/Cent pool. There are 1000 CentG tokens in total. And it's all in circulation.
There is 4434 Hive worth of liquidity in the Hive/Cent liquidity pool. The current APR in the pool is 77%. There is +1% APR if you have held liquidity for 30 days or more.
The Cent/CentG liquidity pool has 13053 Hive worth of liquidity. The current APR rate in the pool is 78%.
The liquidity provider reward is not yet distributed in other liquidity pools. However, you can earn 0.25% transaction fee from clearing transactions in all liquidity pools. You can examine the current data in other liquidity pools from the image below.
- As a result;
As mentioned earlier, we see the CentG token as the backbone of the project. It was also mentioned in recent announcements; We added new usage areas for CentG. There are 156 CentG tokens to be distributed in Hive/Cent and Cent/CentG liquidity pools. Rather than selling tokens, we found it more appropriate to use liquidity pools for the benefit of the first users who trust the project. We've slightly reduced the distribution supply through Cent's prize pool. Reward distribution rates in liquidity pools, etc. We will increase the buying pressure by taking advantage of the factors. We are restricting the distribution of Cent as a liquidity provider reward as time goes on. We started to increase the variety of tokens in rewards distributed to liquidity providers. Especially for HBD, USDT, BTC etc. We will add more hive-engine tokens as rewards.
