TRADE Token Weekly Working Report (December 8)

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(Edited)

We published the latest Hive-Engine Investments Study report 18 days ago. Since the announcement of Trade Token, the published reports were out of date. Because we are actively trading on Hive-Engine. And we are actively adding LP rewards to the Hive/Trade liquidity pool. Therefore, we decided to publish the report weekly. We will continue to publish the current status of the @centtoken account once a month.

This week, we made the most profit from HBD transactions and Pob trades. We bought some Cents at the 0.004-0.0048 Hive price range. And we sold the Cent tokens we bought at the 0.0052-0.0056 Hive price range. We created a new liquidity pool with a portion of the profit. We distributed rewards with a portion of the profit as part of Delegation Works. We converted the remaining portion into POB tokens and added it to the liquidity pool as LP rewards.

  • A week ago, we created the Cent/Trade liquidity pool. We spent 1,000 Bee to create the pool.
  • As part of Delegation Works, we distributed 41.3 HBD, 54 Hive and 8140 Cent delegation rewards this week.
  • We purchased approximately 350 Tribe tokens with a portion of the Hive portfolio. We started market maker operations on the Hive/Tribe market.
  • We added 2500 new POB(Average value 30 Hive) tokens to the Hive/Trade liquidity pool as LP rewards.

What is Hive-Engine Investments Study?
Hive-Engine Investments Begin
What is TRADE Token?
Trade Token Introduction

Posted Using InLeo Alpha

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8 comments
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Check out our last posts:

Our Hive Power Delegations to the November PUM Winners
Feedback from the December Hive Power Up Day
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We bought some Cents at the 0.004-0.0048 Hive price range. And we sold the Cent tokens we bought at the 0.0052-0.0056 Hive price range.

In my case, I sell CENT if there is a need. Since I already achieved 3,000 CENT for the power-up day, I used the excess CENT to assist my son's account.

!BBH

!PIZZA

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Thanks for your comment. If you are not trading regularly, doing so will mostly result in losses. Long-term savings save you the hassle of regularly monitoring prices. It also reduces stress.

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Yeah, you're right. I only sell if I have extra and need HIVE for other purposes.

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Great news! Love to see these updates on a weekly basis!

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Thank you. We want to increase transparency as much as possible. Especially in times like the ones we are going through, it is necessary to stay as active and up-to-date as possible. The sooner we get rid of the inertia of bear season, the better :)

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