I'm excited about the Latest Update on Liquidity Pools by Cent community

Hey guys,

I couldn't have been more excited about the recent update on our liquidity pools. The progress we have seen since activating LP rewards in Leo and Pob liquidity pools back in January has just been absolutely incredible.

Source

I read through the details provided and honestly, I am really thrilled by the higher liquidity across various pools. It’s great to see that our efforts of promoting liquidities providers are yielding fruits. This is a proof of how much more liquidity we are attracting into Hive/Cent pool with 9500 Hive worth of liquisity.

But what excites me most is the transaction volumes this week alone. Activity within these pools tell me that people aren’t just taking part but they are also engaging with this platform. Even when lower transaction volumes exist in some pools like Cent/CentG, there is still evidence of interest and use as transactions continue to happen

The APRs currently range from 65% to 136%, which impresses me about the competitiveness of our liquidity providers’ rewards. Evidently, we have a working incentive structure that ensures participants’ engagement and liquidity flow.

I also want to acknowledge how transparently this rewards are allocated but I believe that reinvesting some of the revenues received from transaction back into Hive/CentG gives an indication of loyalty towards the growth and sustainability of the platform.

Certainly, there is always more. Though we’ve come far, it is good to admit that we are yet to achieve expected levels of liquidity in some pools like Hive, Leo, Pob among others. However, I am confident that with community enthusiasm and commitment will be able to attract more liquidity over time for these pools.

I am extremely thrilled about the progress we have made in our liquidity pools. An improved level of liquidity, transaction volumes and competitive APRs are all good signs of a growing and healthy ecosystem. We must keep up the momentum and together take our liquidity pools higher.

Thank you so much guys for being part of this journey. Your enthusiasm and support are what makes this community unique.

Learn more from the original blog by clicking the link below 👇

https://peakd.com/hive-173575/@centtoken/current-situation-in-cent-s