Delegation Works #Phase 2: LEO

avatar
(Edited)

Hello everyone. About three months ago, we started the mini project called 'Delegation Works'. The account collected 1,344,000 Cent delegations. The @centtoken account has been distributing delegation rewards without interruption since the start of the study. We decided to spread the work in question to other tokens. Normally, we share such announcements from the @centtoken account. However, I am sharing the announcement so that the work reaches more users. As you know, we also have a collaboration with Inleo. After this content is shared, we will update the 'Delegation Works' announcement made from the @centtoken account. Since each token has different features, the announcement page will be updated as new tokens are added to the study. Therefore, I recommend that you check that page regularly.

  • We decided to continue the second phase of the study with LEO. You can earn at least 15% APR return by delegating Leo to the @centtoken account. The reward distribution will be made with HBD according to the current value of the token. Unless there is an abnormal situation, we will send the delegation rewards over the weekend. We have set the lower limit for the delegations to be made as 500 Leo. This amount may be too much for many users. However, as mentioned before, our goal is not just to distribute delegation rewards. We aim to offer a reference return rate for projects and individual users working on the relevant Hive-Engine tokens. We also want to encourage users to stake more tokens and make long-term investments.

We will increase the delegation lower limit of 25,000 for the Cent token over time. This strategy will be a standard for every token we include in the study. As new tokens are added to the study, efficiency will increase. And we will be able to achieve a more sustainable study and better return rates. We will distribute the rewards for delegations with the income we obtain from the 'Hive-Engine Investments study'. Therefore, the reward distribution rate may fluctuate depending on the progress of the study in question. However, so far we have offered an average return of 22% in the 'Cent delegations' study. We think that a reward distribution at similar rates is quite sustainable for other tokens. In the meantime, we have integrated the TRADE token into the 'hive-Engine Investments Study'. If you have not come across it before, I recommend you to take a look.

With the integration of Trade token into the work, trading and investment operations have become more efficient. We will integrate more tokens into Delegation Works. Hive/Trade liquidity pool currently offers 47.6% APR. Cent delegation users were distributed with 22% APR rewards last week. As I mentioned in the introduction text of the Cent Project, we want to contribute as much as possible to the Hive Blockchain and Hive-Engine projects. The success of Cent depends on the success of Hive-Engine and HE projects. I hope we will reach better places as projects and individual users in a short time. See you, stay tuned.

https://images.ecency.com/p/4i88GgaV8qiFkxbnGCXnHNbt8wcgAMNP6xb3BathLUp7dyDXtepjXNwPtxkJuKrNztsKGvwDuFg7FMVYrjhTCxehzKj2NEeXgXnykujwFZfCMyX5RJ65tWD82a.webp

Posted Using InLeo Alpha



0
0
0.000
7 comments
avatar

That is great news!

Now I will expand my strategy by first building the cent:leo pool position and then building a staked and delegated position with LEO =D

0
0
0.000
avatar

Thank you. I wish you success. In this study, tribal tokens with liquidity pools with Cent will be preferred in the initial phase.

0
0
0.000