Update! CENT's Price has become volatile

in #hive-173575last month

Hello. The last few days have been very busy for me. On the one hand, I was busy with other things. On the one hand, I traded Hive on exchanges. On the one hand, I tried to stabilize the cent price in the Hive/Cent market and in the CENT pools. Hive made powerful upward attacks. Other Hive Engine tokens have officially crashed. Reducing imbalance was particularly challenging in CENT/x pools. Because there are big scissors in Hive/Leo, Hive/Pob and Hive/Cent markets. It looks like such situations will continue due to Hive's price action. In addition, in many Hive-based applications, the Hive price is determined according to HBD instead of US Dollars. The HBD price, on the other hand, makes it difficult for Cent to balance the price.
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So I decided to make a change as Cent Community originally suggested. The Price of CENT has become volatile. Again, it targets a price value of $0.01. However, the previously mentioned limits such as 0.0075-0.0125 have been removed. There is no change in token supply, reward distribution. Only if the coin price tends to rise/fall excessively; We can adjust the coin supply. All changes will continue to be announced in the @centtoken account below. As explained in previous posts, CENT Token is not just a tribal token. Work on further development and usability will continue.

  • There is 50% author / 50% curator earnings in the prize pool. All author and curator awards are distributed in liquid form. As with the Hive distribution, there is a 7-day cooldown. Unstake process is completed in 28 days in 4 installments.
  • There are four liquidity pools. Hive/Cent, Hbd/Cent, Cent/Leo and Cent/Pob. Liquidity provider rewards are distributed across all pools. More liquidity pools and liquidity provider rewards will be added.

Articles and announcements about Cent:
@centtoken

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Can we make the HBD/CENT pool more of a priority? There should be more stability if it trades against HBD at 0.1

Hello there. Thank you for giving your views. Cent no longer has a goal to reach a certain price. He will follow a volatile policy. Just like other Hive Engine tokens. However, HBD will now be the first in the liquidity pools to be created.

Yay! 🤗
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what is a pool and where can I add liquidity? please tell me @anadolu


Posted via proofofbrain.io

Hello there. The pool is formed by the accumulation of two financial instruments in a pool instead of the classical order book. E.g; multiple users can create a BTC/USDT pool. So we can add Bitcoin and Tether to the pool. We can also trade BTC/USDT and USDT/BTC using the pool. You can also do these operations on the Hive Blockchain. Many liquidity pools have been created with Hive Engine tokens. As I mentioned in the post, CENT also has pools.
You can provide liquidity and earn rewards at https://tribaldex.com/dieselpools/add. An example image:
ekran_g_r_nt_s_2021_09_05_135449.png

I just added some in pob/cent pool

Thank you. You learn as you use it. Try to solve the trade business as well. Many arbitrage opportunities arise between different pools and markets.

I will try but I will need a guide cause I slow learner lol but I'm smart


Posted via proofofbrain.io

what is the highest apr you can get on pools?

Click on the spinning icon at https://tribaldex.com/dieselpools/pools. You can see the rewards that will be distributed that day. No apr calculated yet. But you can make a calculation yourself based on the previous day's rewards.

How can you tell me?