Hello dear Cent Community. We talked about the updates we were making to Cent's prize pools at the end of November. We also added an announcement about our strategies in liquidity pools.
Recently, the reward distribution period in the Cent/CentG liquidity pool has ended. The liquidity pool distributed approximately 300 CentG and over a million Cents over the course of a year. We have reactivated the HBD/Cent liquidity pool, which has not distributed liquidity provider rewards for a long time. Rewards have started to be distributed again in the Hive/Cent liquidity pool, whose reward distribution period has ended. Reward distribution will be restarted in all our liquidity pools. But for now, we place great emphasis on three liquidity pools. Let's talk briefly about the current situation;
- There is $1830 worth of liquidity in the Hive/Cent liquidity pool. (2555 Hive and 735000 Cent) A transaction volume of $820 was realized in the last week. The current APR on the pool is 157%.
- There is $551 worth of liquidity in the Hive/CentG liquidity pool. )801 Hive and 80 CentG) The last week's trading volume in the pool is worth $756. Current APR on the pool is 116%
- There is $438 worth of liquidity in the HBD/Cent liquidity pool. (214 HBD and 175000 Cents) A transaction volume of $75 was realized in the last week. (LP rewards in the liquidity pool were activated a few days ago. As the liquidity increases, the transaction volume will also increase.) Current APR in the pool is 108%
You also earn a 0.25% transaction fee on exchange transactions. The current status of the pools is available at https://tribaldex.com/dieselpools/pools and
You can follow it at https://beeswap.dcity.io/pools?search=cent.
As mentioned above, LP rewards will become active again in all our liquidity pools over time. The APR rate on pools will increase over time. We aim to increase liquidity and transaction volume as much as possible. Therefore, the APR rate on our liquidity pools will be quite attractive.
Follow this account for new news and announcements.