Hello dear Cent investors! As we mentioned before, work on the development of the CENT Token project continues.
As you know, liquidity pools in Hive Engine give rewards every 24 hours. Additionally, you must wait +24 hours after providing liquidity to receive the first reward. When you add new liquidity, you forgo your potential rewards for the next 24 hours. This method is suitable for long-term investors. And it prevents pools from being manipulated. So what is the solution for short-term investors?
- You have some Hive-Engine tokens that you want to invest. But you want to add it to the liquidity pool for a few hours.
- You are a person who often changes your mind. You want to provide liquidity whenever you want, and you want to withdraw the liquidity you provide whenever you want.
- You use your earnings to provide liquidity continuously throughout the day.
If you have one or more of the above options; We have a solution just for you; We distribute a portion of the rewards hourly in the Hive/Cent liquidity pool. Moreover, you can add/remove liquidity whenever you want. A primitive version was previously created for liquidity provider rewards. Hourly rewards for liquidity providers are distributed through this release.
- Rewards are distributed hourly.
- 100 Cents are distributed in each round.
- Up to 20 different liquidity providers can win prizes in each round.
Note:
- Rewards continue to be distributed to liquidity providers in the Hive/Cent pool. There are no changes to the current version 1 distribution. So the daily reward distribution is still ongoing. Moreover, hourly reward distribution is not included in the APR rate of daily LP rewards.
- Changes may be made to the reward distribution in the future.
- Depending on investors' demands, the reward distribution can be changed to 'every two hours or every six hours'.
- The number of tokens used in prize distribution can be changed. This change is made in accordance with Cent's price balance policy.
