You are viewing a single comment's thread from:

RE: Current Status of Cent Project, Current Status of @centtoken account

in Cent6 months ago

Good afternoon. The purpose of the +1% bonus reward distribution for users who provide liquidity for a long time is to encourage permanent liquidity. Additionally, this method will reduce inflation in cryptocurrency. It may seem natural to reward loyalty. It is not recommended to add liquidity to a liquidity pool with 4% APR, even if it is a Stable/Stable cryptocurrency. When there is price fluctuation, even at very low rates, your liquidity will be at risk. When it comes to Cent pools, the current APR in the Cent/CentG pool, which offers the lowest APR - for now - is 48%. This is a low rate even when we include 0.25% transaction fees. Of course, more prizes will be added to the pool. Certainly. I would be happy if you share it. We can examine it together.

Sort:  

Just in case, I’ll explain what I’m talking about in a visual form.
I should have gotten about 15 cents, but ended up with just over 13 cents. I made this screen after adding 13 coins to the liquidity pool and they could not affect the difference in the screenshots during this day. If you remove the 4% bonus, all holders will receive as many coins as they see on their liquidity pool interface.
About what I should have gotten

And this is what I received in my wallet.

All rewards have been reduced, not just the cent.

I hope that I didn’t mix anything up, but I already encountered a similar problem in another liquidity pool and the problem was solved and everything ended in a happy ending for all coin holders.

The reason your rewards and potential rewards are different in this screenshot is because you added new liquidity. Each time you add new liquidity, you will receive the rewards of the added liquidity in the next period, not in the current distribution period. For example; Let's say you added a new amount of liquidity at 18:00. At 19.00, the liquidity pool distributed the rewards. You will receive the rewards of the liquidity you have previously provided at 19.00. You will start receiving the rewards of your newly added liquidity starting from 19.00 tomorrow during the distribution period. Bonuses do not change potential rewards.

I checked that the amount of reward indicated in the liquidity pool interface was slightly affected by the 23 cent coins that I added and the amount remained within the limit of 15 coins. Therefore, I am inclined to think that a delay of a day or two is not the reason that the actual reward is 13 and not 15 coins. As I already said, I encountered such a problem and it was completely eliminated when the bonus from 1% was changed to 0%, this was the recommendation of the hive engine management, their technical support. You can check it yourself; you can enable and disable this bonus at any time convenient for you. I am not a developer and I can only analyze the parameters that are obvious to me, especially since this problem is already well known to me from the CCC:WIT liquidity pool (the problem was solved very quickly and efficiently 😃) and it was this bonus that influenced the reduction in remuneration.

I canceled +% bonuses on all pools. I hope the problems you mentioned have been resolved. Thank you for your feedback.

I think that for this you will receive a lot of gratitude from all shareholders, and from me please accept... thank you! !ALIVE !LOLZ !VSC

@barski has sent VSC to @anadolu

This post was rewarded with 0.1 VSC to support your work.
Join our photography communityVisual Shots
Check here to view or trade VSC Tokens
Be part of our Curation Trail


@barski ha enviado VSC a @anadolu

Éste post fue recompensado con 0.1 VSC para apoyar tu trabajo.
Únete a nuestra comunidad de fotografía Visual Shots
Consulte aquí para ver o intercambiar VSC Tokens
Se parte de nuestro Trail de Curación


Uses: 1/10

@anadolu! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ barski. (1/10)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.

Why did Mickey Mouse get a pie on his face?
Because Donald ducked!

Credit: reddit
@anadolu, I sent you an $LOLZ on behalf of barski

(1/10)

PLAY & EARN $DOOM