Hello again dear Cent Community. We have completed another month. The most striking element last month was Cent Staking. The staked Cent rate increased from 50.5% to over 51%. The reward pool APR for curators was between 18%-21%. The lowest APR rate in Cent's liquidity pools was 48% in the Cent/Bee pool.
The reward pool generates 4 new tokens per minute. This means 5760 tokens are generated per day and 2,102,400 tokens per year. The generated tokens are distributed as 50% curator rewards and 50% writer rewards. If the writer uses a community other than Cent's community page when publishing content, a portion of the writer rewards goes to the @centtoken account. 50% of the distributed rewards are automatically staked. If you initiate a power-down, your tokens will be paid out within 28 days (in 4 installments). If you withdraw a Cent delegation, your voting power will return after 7 days.
There are 27,400,000 Cents produced in total. 38% of these tokens (10,614,500) were burned. There are 16,786,500 tokens in circulation. 51% of the tokens in circulation (8,562,000) were staked. 5,587,133 of the tokens in circulation were added to liquidity pools. 1,280,000 tokens were added to liquidity pools to be distributed to liquidity providers. The remaining tokens are liquid in wallets. Or a sell order may have been placed in my Hive/Cent market.
You can access the previous report here. Our study called 'Cent Delegations' is quite productive. We manage a total of 1,650,000 Cents. While the inflation in the token is decreasing, we continue to increase the amount of tokens burned. With the 'Cent Delegations' study, we have determined a reference return amount. The APR rate in Cent's liquidity pools is still high. A content has been published on this subject. Follow @centtoken for new announcements and news.
Posted Using InLeo Alpha
)
