Liquidity Provider Rewards Reinstated in Hive/Cent Liquidity Pool
Hello dear Cent Community. As of yesterday, the reward distribution period in the Hive/Cent liquidity pool has ended. In the previous period, we had set a 90-day distribution period. And the average APR of the pool was between 45%-60%.
We have reactivated the liquidity provider rewards in the Hive/Cent liquidity pool. We have set the duration of this distribution period as one year. $1070 worth of rewards were added to the pool. We added 2,000,000 Cent, 365 Hive and 20 HBD as tokens. The current APR of the pool is 51%.
The Cent project will continue to distribute rewards in liquidity pools steadily. At the same time, it will continue to distribute rewards from the reward pool for curators and writers. In addition, we will continue to develop strategies for the goals of stabilizing the price value of the token and moving close to the target price of $0.01. Our goal is to offer a highly liquid, highly traded and usable token. Our work on this issue is ongoing and will continue. Follow @centtoken for new announcements.
Posted Using InLeo Alpha
This is great news! All the more reason to add liquidity to this pool! !BBH
@centtoken! @ironshield likes your content! so I just sent 1 BBH to your account on behalf of @ironshield. (6/100)
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