Tribe token; It is designed as a utility token that will be used to stake the tokens of Tribal projects and distribute the curation returns to token investors. The token provides convenience for users who want to accumulate tribal tokens or earn income from tribal tokens; but do not have time for transactions such as purchasing, voting, etc. You can also earn passive income by delegating the tokens of the tribal projects in question to the @centtoken account.
=> Combining TRIBE Token Study and 'Delegation Works'
Token Name: Tribe Token
Token Symbol: TRIBE
Maximum Supply: 100,000
Administrator Account: @centtoken
Token Trading:
- https://tribaldex.com/trade/TRIBE
- https://hive-engine.com/trade/TRIBE
- https://beeswap.dcity.io/tokens/TRIBE
The token and the study will be managed in isolation by @centtoken account. The token sale will be held on the Hive/Tribe market. All proceeds from the token sale will be used to purchase and stake the tribal project tokens. If completed, the token will be offered for sale at a price of 1 Hive until the maximum supply is completed. In the Cent/Tribe liquidity pool, the token sale will continue as long as the LP reward distribution APR rate remains above +20%. If the LP reward distribution in the liquidity pool falls below the specified APR rate, the token sale will be stopped. A Cent/Tribe liquidity pool will be established as soon as possible to effectively distribute the curation income from Tribe tokens. Tribe tokens obtained from curation operations will be regularly added to the liquidity pool as LP rewards.
=> Cent/Tribe Liquidity Pool and LP Reward Distribution Active
Tokens to be invested, Management rules, Protection of Tribe token value;
- Periodic surveys will be created to get an idea of which tokens to invest in. However, the final decision will be made by the project management. Tokens to be invested will be selected primarily from the tokens used as tags by the @centtoken account.
- @centtoken account will regularly create token burn posts. Voting will be done on the content and comments created by the account. In other words, since a large portion of the author rewards are burned continuously, the value of the staked tokens will be increased.
- 50% of the Leo, Cent, Pob etc. tokens distributed as 100% liquid with curation income will be staked again. Tokens with a curation yield of 50% and above will be unstaken regularly. The yields obtained from the unstake transaction will be added to the liquidity pool as LP rewards.
- If the price of the Tribe token in the liquidity pool falls to 0.75 Hive and below, the Tribe token will be bought back with a portion of the income obtained from the curation transactions.
With the token in question, we aimed to make contributions such as increasing the value of tribal tokens and increasing the liquidity and trading volume in these tokens. At the same time, we will provide convenience to tribal tokens investors. We will create a liquidity pool by investing a certain amount using the @centtoken account and start the LP rewards as soon as possible. We will also be a market maker in the TRIBE Token market with the @centtoken account.
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