Hive-Engine Operations Report and Current Account Status (July 2024)

Hello dear Cent Community. It's time to publish our monthly 'Hive-Engine Operations Report'. We have had very negative days for cryptocurrencies in the last month. The situation was particularly distressing in early July. However, there have been corrections in the general situation of the market in recent days. We continue Hive-Engine operations from where we left off.
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We created a new liquidity pool 17 days ago. We spent 1000 BEE when creating the Cent/BTC liquidity pool and 100 BEE when starting the reward distribution. And we added some rewards to the pool. We sent approximately 17 BEE to users who traded on the Hive/Cent marketplace market maker. We staked by buying some Leo and Pob tokens. We continue to operate in various token markets, mainly the Hive/Cent market. We also continue to maintain the HP delegations we rent.

As for the current status of the account;

• Account has 135 liquid Hive and 1074 HP. There are 34,000 leased HPs. We manage a total of 35,000 HP. The power down process we started to speed up Hive-Engine operations is still continuing.
• There are 300,000 Cent staked. However, we delegated 200,000 cents to different accounts for curation. (We will publish an announcement regarding Cent delegations in the coming days.)
• We manage a total of 100,236 Leo power. 100,000 Leo delegations were received.
• We manage a total of 208,000 Pob power. 200,000 POB delegations were received.

As mentioned above, we started staking tokens. We will continue to increase our income through new community and project agreements. We plan to increase the amount of HP managed to 50,000 or more in a short time. In the coming days, we will be publishing an announcement of a study titled "Cent Delegations" that we initiated as a branch of Hive-Engine Operations. Follow this account for new news and announcements.

The 'Hive-Engine Operations Report' we published in June here.

Posted Using InLeo Alpha