Hello everyone. The CentG token was mentioned in here. Then, on June 13th, information about the token was provided and a detailed work announcement was published. We have started providing liquidity to Cent pools distributing rewards with an APR of at least 25% or more. We have collected approximately 250 CentG tokens.
Hive/CentG
Liquidity: $13.7
Weekly trading volume: $4
APR: %102
Cent/CentG
Liquidity: $48
Weekly trading volume: $36
APR: %42.8
Our primary goal in this study is to increase liquidity in Cent liquidity pools and balance the offered APR rate. Specifically, we have started adding liquidity to liquidity pools distributing Cent, Trade, Tribe, and Short tokens. However, we will not add liquidity to liquidity pools distributing LP rewards of 25% or less. Instead, we will continue to add LP rewards to these pools. In the next phase, we will begin to focus on liquidity pools of other projects that distribute LP rewards.
We recommend that users who wish to participate in this study first obtain the token by using the Cent/CentG liquidity pool. The amount of Swap.Hive added to the Hive/CentG liquidity pool will increase over time. Therefore, as you acquire new tokens, you can contribute to the Hive/CentG liquidity pool and earn rewards with a high APR.
The data and information mentioned should not be used as investment advice. Follow @centtoken for new news and reports.
I thought CENTG had been deactivated in the past.
Hello... Yes, that's right. Both token pools had liquidity. And there was some trading volume, albeit small. In the past, we spent 2500 BEE just on the expenses of the token and liquidity pools. We found that using the liquidity pools and the token was more logical compared to the other option. An announcement/statement has been made regarding this. https://peakd.com/hive-173575/@anadolu/centg
Can you control weather or not we get shitty tokens in the pools?
Having a clean pool would be nice
We will only be adding Centg and Swap.Hive tokens to the pools. However, anyone can add LP rewards to the pools. Unfortunately, we cannot control this unless a general restriction is placed on the Hive-Engine.
OKay Okay. I figured :c
Thats for the answer :D