I have had a very busy week-end and I couldn't write any posts on Sunday. I have paid the dividends to the delegators as usual and the return was slightly lower but this mainly because of the price explosion of Hive. Compared to other hive-engine tokens, CTP is holding quite well so far but still the market offers some nice opportunities to collect some cheap CTP at the moment!
Start of the CTP PUC in two days
In two days, on 1st of December, I will create a post on the @ctpsb account to start this challenge. To take part you will need to make a screenshot of your staked CTP's. This will be the starting point of the challenge. At the end of the challenge we will check the staked CTP tokens of all participants and make a ranking.
Who will be able to participate?
Everybody who owns a hive account.
What can you win?
The price money will be defined by the post rewards that we get from the posts throughout the contest. There will be prices in CTPSB tokens but also in the form of CTPSB NFT's.
Why do we run this challenge?
In order to provide interesting returns for delegators that are paid in CTP tokens, the CTPSB project is interested in seeing stable prices for the CTP token. If prices go up, the return on delegations for delegators goes up as well. With the power up challenge, we try to limit the supply of liquid tokens which has an effect on the offer in the market. If you take part in this challenge you not only contribute to get bigger curation rewards in CTP, you also help to push the CTP price higher and you help to insure high rewards for delegators. Higher rewards for delegators means more voting power for @ctpsb and more ROI for the CTPSB token. This all comes back and helps the CTP community to grow!
Learn more about the CTP Swarm Booster:
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