TRIBE Token Weekly Working Report (December 16)

in #hive-173575yesterday

In the report we published last week, we mentioned that if the APR in the Cent/Tribe liquidity pool remains 20% and below, we will stop the Tribe Token sale for a while. As of today, we have stopped the token sale. There are approximately 4,000 Tribe tokens and 37 Hive in the account. Market maker transactions are made in the Bee, Leo, Cent and Pob markets. The tokens obtained as a result of these transactions are staked.
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  • The @hive-173575 account has 3175 BEE, 5136 Leo, 190,195 Cent, 108.221 Pob, 5,903,724 Sports, 42,730 Neoxag, 87.620 Oneup, 16.870 Vyb and 102 Archon staked.

  • There is $1692 worth of liquidity in the Cent/Tribe liquidity pool (3336 Tribe and 334.280 Cent). The current APR in the pool is 11.8%. There is $91 worth of rewards in the pool to be distributed as LP rewards. The tokens waiting to be distributed are as follows; 36 BEE, 166 TRIBE, 5514 POB, 5572 CENT, 61 LEO, 3207 VYB, 6193 ONEUP, 590 NEOXAG, 17286 SPORTS and 0.084 ARCHON.

As mentioned above, we have temporarily stopped the token sale from the @hive-173575 account. However, we continue to make market maker transactions in the Cent/Tribe market with the @centtoken account. You can still buy/sell Tribe Tokens from the Cent/Tribe liquidity pool. In order for transactions to continue healthily, we have added 403 Tribe tokens and 40.400 Cents to the Cent/Tribe liquidity pool. Follow @centtoken to quickly access up-to-date information about the Tribe Token Study and other studies.

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