Stablecoin Study

Hello everyone. On January 21, 2025, I made an announcement about the 'Bee/BEED Token Project'. Our goal in conducting this project was to increase the usability of Cent. Over the past year, the project has contributed to improving Cent's liquidity and increasing its transaction volume. The sudden drop in cryptocurrency prices in October gave rise to the idea of ​​expanding this project further.

Image source: Gemini AI

As stated here, we decided to consolidate and manage our work on this more actively. In October, we included HBD in the BEED Study. In December, we created the Cent/USDT liquidity pool and started distributing LP rewards. We will continue our work with Swap.HBD, Swap.USDT, BEED, and BEE tokens. As part of this work, we will actively manage the Cent/Bee, Cent/BEED, Cent/Swap.USDT, and Swap.HBD/Cent liquidity pools.

• We are conducting market maker transactions in the BEE, HBD, BEED, and USDT markets using the @centtoken account. Among Cent's liquidity pools, the BEE and HBD liquidity pools are growing in terms of liquidity and trading volume. In the coming period, we will change our working strategy when a trend emerges in the Hive or Cent price that will contribute to our project goals. For example, let's assume the Cent price is below the target price; If the token price enters an upward trend, we will support the trend with our stablecoin portfolio. If the price enters a downward trend, we will buy BEED, HBD, and USDT with our Hive portfolio. And we will exchange these tokens with Cent in the liquidity pools. In this way, the price decline will be slowed down or prevented.

• This work does not end the BEE/BEED study. On the contrary, we will start managing it more actively. However, from now on, we will announce the study reports under the name "Stablecoin Study". There are 1,300 staked BEE tokens in the @centtoken account. Additionally, 14,500 BEE delegations have been received. We will add a visual representation of the current status of the Cent/BEE and Cent/BEED liquidity pools below.

You can review the current status of the liquidity pools we support within the scope of the above study. We will also publish the current status of the study weekly. As a result, the @centtoken account will accumulate more stablecoins. Therefore, we will distribute more stablecoin rewards in the Trade Token project. We will provide more support to the liquidity pools included in the project compared to other liquidity pools. In the coming period, we aim for our USDT, HBD, and BEED liquidity pools to be the pools with the highest liquidity. Feel free to ask any questions you have about the study. If you have different opinions about the study, please share them. See you again. Stay tuned.

Note: The @centtoken account does not earn LP rewards from the liquidity pools within the Cent Project.

Note 2: You can follow the latest data regarding the Stablecoin Project in the weekly report shared by the @centtoken account.