Hello again. When we first started the Delegation Studies, we focused only on the Cent token. Our goals were to increase its value by burning more Cents, to reduce the selling pressure by offering a higher APR from the reward pool, and to provide convenience to users who do not have time for voting transactions. At the same time, we wanted to determine a return rate that could be a reference for users doing similar work. Later, we expanded this study and included Leo, Pob, Vyb tokens. We also added Hive and Bee tokens to the study using the token rental system offered by Hive-Engine.
We distribute the rewards of Hive and Bee delegations made to the @centtoken account with Hive and Cent tokens. We distribute the rewards of Cent, Leo, Pob and Vyb tokens as HBD. You can visit the Delegation Works page for up-to-date data on the study in question.
As part of the study, we received 34,300 HP, 2,000 BEE, 3,200,000 CENT, 134,360 LEO, 350,000 POB, 30,000 VYB delegations to the @centtoken account. On average, we offer the same or higher APR as the reward pool of the tokens. We have strategic goals of receiving more delegations or burning more tokens in tokens where we offer higher APR. We cover the excess payment made in token delegations where we offer higher returns than the reward pool from the Hive-Engine Investments Study.
@centtoken account generally votes for activity shares and content shares that contribute to the spread of the project. More than 80% of the votes are made for the shares of @buildawhale account. In other words, we burn most of the author rewards.
In the upcoming period, we will benefit more from Hive-Engine Investments Study and TRADE Token while conducting this study. We will try to increase the variety of tokens in the study and the yield rates offered as much as possible. As the account portfolio develops, the efficiency in all studies will continue to increase directly and indirectly. We will continue to add new studies to the project. Our indirect aim in all the work we have done and will do is to further increase the usability, liquidity, transaction volume and value of Cent.
As I mentioned in my post about Tribe Token, we are stopping publishing regular reports in this work. In this way, we will be able to focus more on our work. At the same time, we will reduce the number of repeated content shared on the Hive Blockchain, even if it is a few. In addition, we will publish announcements when there is a significant change in the work. We will also continue to share up-to-date data with short content in the form of Tweets. You can follow the current status of the work and the current status of the @centtoken account from the links below. I wish you all a happy new year. See you. Stay tuned.
https://hive-engine.com/@centtoken/wallet
https://peakd.com/hive-173575/@centtoken/cent-delegation-works-started-bkt
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