Cent/Bee Liquidity Pool Active
Hello everyone. Another addition to Cent's liquidity pools. Thus, we reached five liquidity pools. -This part will be deleted- Actually, the project would have seven liquidity pools. However, we are liquidating the CentG token. Therefore, we will stop supporting Hive/CentG and Cent/CentG liquidity pools. If you have some CentG tokens in your wallet, take a look at this content. -This section will be deleted- As of today, we have activated the Cent/Bee liquidity pool.
Bee token is the base token of Hive-Engine. Bee token is used to pay transaction fees related to creating tokens, adding new features to tokens, creating liquidity pools, activating rewards in liquidity pools, managing smart contracts, and creating and managing tribes. There is also a tribe affiliated with the Bee Token. You can access the front end of the tribe at https://tribaldex.blog/.
We started the reward distribution for liquidity providers in the liquidity pool. Some rewards have been added to the pool. As new liquidity is added, we will further increase the reward distribution rate in the pool.
I added 100 BEE and 13,300 CENTs to the pool to start trading and healthy price formation. Once some liquidity is added to the pool, I will remove the liquidity I added. As per our general strategy, project management does not obtain LP rewards from liquidity pools. However, as I mentioned, we can temporarily add some liquidity in necessary situations.
We will also actively use the Bee token in our "Hive-engine investments" work. An announcement regarding this issue will be made soon. The Cent/Bee liquidity pool will be extremely helpful for the Cent project. Additionally, Cent investors will have the opportunity to access a new parity option that they can trade with. The liquidity pool will also be very beneficial for Bee investors. There is no Bee pool that distributes prizes yet. Cent/Bee liquidity pool has already started distributing rewards.
See you in new posts. Stay tuned.
Post voted 100% for the hiro.guita project. Keep up the good work.
New manual curation account for BEE and Cent
Thank you.
So the CENT/BEE LP is the first pool to distribute prizes. I will add this pair soon in my LPs. Thanks!
There were previously Bee liquidity pools where rewards were distributed. However, LP rewards are not distributed in the pools that I have been talking about for a long time. The Cent/Bee pool is not the first in this regard. However, currently it is the only liquidity pool that distributes rewards. Good luck. I hope it will be profitable for you.
Thanks for the clarification.
Thanks for the update.
Thank you. I hope that will be useful.
Yeah, connecting $CENT to $BEE is a good move.
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