Monthly Cent Tokenomics Report (7/26)

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When I published the previous report, the Hive price was $0.051. The current Hive price is $0.042. When I published the previous report, the Cent price was 0.0011 Hive. The current price is 0.0015 Hive.

All CENT tokens are in circulation. Approximately 85 million CENT were in circulation last month. Currently, there are 89,939,000 tokens in circulation. All remaining tokens have been burned. The CENT reward pool has been stopped because the maximum number of tokens has been reached.

  • Distribution in the Delegation Works; we have left 4 million CENT in the @centtoken account for market maker transactions in the Cent market and Cent liquidity pools.
  • The Cent Delegation Study will now continue as "Cent Staking Rewards". An announcement about the process will be published in the coming days.
  • We have restarted the reward distribution period for the Hive/Cent liquidity pool, which has completed its reward distribution period, for one year. A certain amount of LP reward has been added to the pool. We will continue to add rewards.
  • The Stablecoin Study now continues with the SHORT token. As part of the study, we continue to support the token in the Hive, HBD, and Cent liquidity pools.
  • We've started supporting liquidity pools, beginning with Cent pools that have low liquidity. We're adding the revenue generated from these pools (excluding Cent) to the Hive/CentG liquidity pool.

Cent Tokenomics:
All CENT tokens are in circulation. There are 89,939,000 CENT tokens in circulation. 35.894 million CENT are staked. 34.43 million CENT are in liquidity pools. The remaining tokens may be held in pools as liquidity provider rewards or may be liquid in users' wallets. Last month, CENT liquidity pools held $4351 worth of liquidity. This month, they hold $4338 worth of liquidity. Trading volume in liquidity pools was $6442 last month. This month, it is $3109.

SWAP.HIVE/CENT, TVL: $1.002, 30 D Wol: 1126$
SWAP.HBD/CENT, TVL: $429, 30 D Wol: 279$
CENT/SHORT, TVL: $600, 30 D Wol: 373$
CENT/BEED, TVL: $426, 30 D Wol: 78$
CENT/TRIBE, TVL: $254, 30 D Wol: 181$
CENT/TRADE, TVL: $126, 30 D Wol: 206$
CENT/CENTG, TVL: $96, 30 D Wol: 130$
CENT/BEE, TVL: $474, 30 D Wol: 170$
CENT/SPS, TVL: $14, 30 D Wol: 43$
CENT/SWAP.BTC, TVL: $336, 30 D Wol: 89$
CENT/SWAP.ETH, TVL: $37, 30 D Wol: 10$
CENT/SWAP.USDT, TVL: $82, 30 D Wol: 15$
CENT/LEO, TVL: $105, 30 D Wol: 40$
CENT/POB, TVL: $180, 30 D Wol: 328$
CENT/LBI, TVL: $155, 30 D Wol: 36$
ATX/CENT, TVL: $22, 30 D Wol: 5$

Last month's report is here. Follow @centtoken for new reports and news.

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



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14 comments
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Thanks for the report.

!ALIVE
!BBH
!WINE

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(When I published the previous report, the Hive price was $0.051. The current Hive price is $0.042. ) I was inactive for many years. When I joined in 2017, HIVE's price was very attractive. Now it's very different, but I want to accumulate HIVE The price might go up. I enjoy working at HIVE.

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So CENT outperformed HIVE in terms of price increase.

!BBH

!PIZZA

!LOLZ

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Hang on.

Does this mean, that content and curation will no longer be rewarded with CENT?

I sort of like the sound of it all being in circulation 😄

!DUO !PIMP


!BBH !ALIVE

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As you know, Cent has a price target of $0.01. When we created the reward pool, 6 tokens were being produced per minute. We gradually reduced inflation until it reached 1 token per minute. Currently, inflation has completely stopped. The reward pool has been closed. You can now earn staking rewards or participate in liquidity pools. However, you cannot earn Cent by curating or creating content.

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It's pretty good news 😁

As far as I could read, the HP delegations for @centtoken will still be considered. Are these still rewarded with CENT?

Will there be some further initiative to try and reach the price target?


!BBH !ALIVE

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BEE rentals are ongoing. Payments for other token delegations are still made in Cent. This page was created as a preliminary step. The main goal of the mentioned activities is to fulfill their own function. However, all of these activities revolve around Cent. Stake rewards will remain attractive in the coming period. However, there will be a greater focus on ongoing studies and Cent's liquidity pools.

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Love to hear it, thank you for all the information 🙌🏼

!DUO !PIMP !SLOTH


!BBH !ALIVE

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Congratulations, @anadolu, your post is buzzing!
You were tipped 0.01 SLOTHBUZZ on behalf of @caspermoeller89

Join the buzz with us at SlothBuzz.com, unlock your very own Hive Sloth Pet and use the #slothbuzz tag for even more SLOTHBUZZ rewards!

Tipbot is still under development; we're creating a tool on slothbuzz.com so anyone can create a bot, fingers crossed we don't sloth too long on the updates!

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Thank you for the update.

!PEPE
!MEME
!LOLZ

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Congratulations @anadolu! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You received more than 21000 HP as payout for your posts, comments and curation.
Your next payout target is 22000 HP.
The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

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