Added Liquidity to the CENT-BEED POOL

in voilk •  3 months ago

    A week ago I added to the CENT-HIVE Liquidity Pool on Tribaldex. I recalled reading a post by @anadolu about a CENT-BEED Pool.

    BEED, or BEE Dollar is generated by burning BEE. You can see the interface for conversions at https://tribaldex.com/beedollar. I swapped $20 HBD for BEE, and after conversions came up with about 19.45 BEED

    I then swapped for an equivalent amount of $CENT token (I had already staked all my liquid CENT), and head to the liquidity positions - https://tribaldex.com/pools/positions

    After adding to the CENT- BEED liquidity position, I now have ~$108 of CENT Liquidity split between two pools. The conversions, swaps, and adding to the liquidity pools were smooth and fast on Tribaldex.

    CENT token price has been remarkably smooth over the past week, and I add to the "buy-wall" as I am able. Anadolu published a CENT Tokenomics update and predictions for 2025 at the beginning of the month at:
    https://ecency.com/hive-173575/@anadolu/cent-tokenomics-2025-predictions-regarding-the-cent-project-january-2025-ejs

    25% of the rewards for this post are designated for the @centoken account.

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