Hello everyone. I wanted to share with you the current situation in Cent's liquidity pools. The situation is very good in terms of transaction volume. A transaction volume of $135 was recorded in the cent market and liquidity pools in the last 24 hours. In the Cent/Leo liquidity pool, transaction volume increased by 1250% in the last month. In the last month, the transaction volume increase rate in liquidity pools is approximately 400%.
An increase in liquidity was observed in all liquidity pools in the last month. Average liquidity increase across all liquidity pools is 36%. We have not yet reached the expected liquidity, but we have reached significant levels along the way. For example; Liquidity in the Hive/Cent liquidity pool has increased by 44% in the last month. The APR rate on the pools is very good compared to the expected liquidity target. The APR in the Cent/Pob liquidity pool decreased more than expected. The increase in liquidity addition was also below expectations. This was because POB had lost value over the past month. We plan to add some more LP rewards to the pool in a very short time.
- There is 13,640 Hive worth of liquidity in the Hive/Cent liquidity pool. A transaction volume of $2597 was realized in the last week. The current APR on the pool is 109%.
- There is 2340 Hive worth of liquidity in the HBD/Cent liquidity pool. A transaction volume of $795 was realized in the last week. The current APR on the pool is 99%.
- There is 4583 Hive worth of liquidity in the Hive/CentG liquidity pool. A transaction volume of $1075 was realized in the last week. The current APR on the pool is 104%.
- There is 9840 Hive worth of liquidity in the Cent/CentG liquidity pool. A transaction volume of $776 was realized in the last week. The current APR on the pool is 56%.
- There is 2050Hive worth of liquidity in the Cent/Leo liquidity pool. A transaction volume of $432 was realized in the last week. The current APR on the pool is 76%.
- There is 884 Hive worth of liquidity in the Cent/Pob liquidity pool. A transaction volume of $108 was realized in the last week. The current APR on the pool is 100%.
Last month's data:
https://peakd.com/hive-173575/@centtoken/current-situation-in-cent-s
There has been a stabilization in the Cent price since the beginning of the year. Price increases were observed in Bitcoin, Ethereum and major altcoins. The price of cent also increased slightly. However, we did not experience a price increase at the expected level. We expect the inflation in the reward pool and the increase in liquidity in the liquidity pools to stabilize in the coming period. We have greatly reduced the sales pressure in the Cent market with the effective method in the reward pool and Cent pools. However, we were weak in our work on the recognition of Cent's project. We will become more active in marketing in the coming period.
Cent burning rate has increased significantly. We will be announcing a "Cent burning event" and "Cent Power up day" soon. Statistical data about the prize pool will be shared in a few days. See you in new posts. Stay tuned.
image: Tribaldex.com