Hello everybody, it's the Business Guy and another awesome update has been shared by our admin, @anadolu
I have just read the latest update on Cent’s liquidity pools and I can’t wait to share my thoughts on it.
https://peakd.com/hive-173575/@anadolu/current-status-of-cent-s
As an active member of this community, I always want to know the recent advances and approaches being employed for enhancing the value of our favorite Cent tokens.
Well, let's get started.
First, a loud applause should go out to the administrator for letting us know what is happening behind the scenes as well.
But this brings some relief to know that a group of dedicated individuals is working 24/7 to ensure the success of Cent.
After going through the strategies such as increasing reward rates in liquidity pools and engaging in token burn events, I am even more convinced about this project.
The most noticeable thing for me has been openness. I like the way those who manage this platform admit their challenges which include fighting inflation and growing the tokens’ value.
This is because it feels good when a project accepts its mistakes openly and tries to rectify them.
Once again, there is something else that I want to ask about “Cent Power Up Day”.
This looks like an awesome idea for reducing coin supply by encouraging community participation. Certainly, I will be part of it.
I would also want to commend the admin for being financially responsible.
In particular, they talk about how some of the project’s income goes back into Cent tokens and are engaged in buy-back initiatives which is an indication of commitment to long-term success of the project.
It gives me much confidence that the project’s financial resources are prudently managed by someone who knows what he or she is doing.
On another note, it really impresses me that the admin decided to burn tokens through the @balina account.
The move is also very daring as it shows their confidence in where the project is heading and it underscores their commitment to do something practical about their aspirations. It’s a good practice of leadership.
I say this because I am a member of this community who wants to see Cent grow and succeed.
That’s why I’m happy to participate in future token burning events and continue supporting the project in my own small way. Whether it is being actively involved or informing others, I want Cent to develop.
In summary, I would like to thank the admin and the whole team of Cent for their commitment and tireless efforts.
It is apparent that they are motivated by the best intentions of this society and I am sure their efforts will pay off in the long run.
Here’s to a bright future for Cent and all its affiliates.