Hive-Engine Operations Report and Current Account Status (August 2024)

Hello dear Cent Community. The cryptocurrency market has been stagnant since the first week of August. Therefore, our investments and trading operations in Hive-Engine were more profitable than last month. We distributed some of the profits within the scope of 'Cent Delegations'. We added some of them to the HBD/Cent liquidity pool.

• Within the scope of Hive-Engine Transactions, we added 50 Bee, 2000 Pob and 180000 Pepe tokens to the HBD/Cent liquidity pool. There are currently $103 worth of rewards waiting to be distributed. Tokens pending distribution to liquidity providers: 96.38 LEO, 7700 POB, 19 DRIP, 110.4 BEE, 120675 CENT, 5.7 SWAP.HBD, 0.00000894 SWAP.BTC and 180000 PEPE. Current APR in the Pool is 65.3%
• 2.25 HBD rewards were distributed this month as part of the Cent Delegations study. We started this study in the last days of July. We will be able to provide more detailed data in next month's report.
• We distributed approximately 15 BEE rewards to users who made market maker transactions in the Hive/Cent market.

As for the current status of the @centtoken account;

• There are 100 Hive in the account, 100 liquid. There are 1060 HP staked. 50.200 HP rented. In last month's report, we set a goal to increase the amount of HP managed for this month to over 50,000 HP. The amount of HP managed is currently 51250. We aim to increase the amount of HP managed to over 100,000 HP in the coming period.
• The amount of Cent staked in the account is 506,000. We received 1,107,000 Cent delegations within the scope of the Cent Delegations study. We delegated 225,000 Cents to the curators.
• There are 100,500 Leo Power in the account. 500 Leos were staked. 100,000 Leo delegations were received.
• There are 30,000 Pobs staked in the account. We aim to reach the level of 100,000 Pobs in a short time.
• There are 12 Bees staked in the account :) We are starting to stake BEE tokens this month. We aim to increase the amount of Bee power managed through rental, trading, etc. to over 5000 BEE in the near future.

The above data does not include tokens in orders entered in token markets. Hive-Engine operations report for the previous month here. Follow @centtoken to not miss new reports, event announcements, and news.

https://images.ecency.com/p/4i88GgaV8qiFkxbnGCXnHNbt8wcgAMNP6xb3BathLUp7dyDXtepjXNwPtxkJuKrNztsKGvwDuFg7FMVYrjhTCxehzKj2NEeXgXnykujwFZfCMyX5RJ65tWD82a.webp

Posted Using InLeo Alpha