Building reserves for CTPSB
With the CTPSB project, we have accumulated a total of 600 LEO tokens over time. Since we follow the curation trail of liotes.voter that hardly votes on posts made on inleo, we generated almost no curation rewards from these LEO tokens. With the recent price increase, we thought it's a good idea to do something with these tokens.
After checking out several potential solutions, we have decided to power down these LEO tokens and sell them. Since the power down takes several weeks, we will be able to follow the market evolution and if token prices go on climbing, we will get a nice amount of hive tokens from selling them.
What to do with the money?
We believe that for the CTPSB token, the most important factor is to have a nice return for the people who own the token. Therefore, we will use the income from the LEO sales as a reserve. This reserve will be there to be used in weeks with lower returns to keep the APR at a stable 15% APR.
We have been able to keep this APR stable at this rate since May 2025 and we believe that it's a great return on Hive while keeping in mind that curation APR on hive is now at around 8.4%. By keeping APR at 15%, CTPSB provides a much better return than Hive Power (8.4 + 2.9 = 11.3%). With almost 4% better return, CTPSB becomes a more and more interesting investment vehicle that doesn't require any work like voting or curating.
Here the numbers of this week
Assets | Amount | Increase over last week |
---|---|---|
Hive Power | 34537 | +90 |
Tokens in circulation | 9239 | -2 |
Burnt tokens | 2259 | +2 |
Token value | 3.738 | +0.01 |
APR | 15.0% | -0.0% |
Learn more about the CTP Swarm Booster:
A project run by @liotes
Thanks for the news.
!BBH
!PIZZA
You are welcome!
$PIZZA slices delivered:
@edgerik(2/15) tipped @ctpsb
Come get MOONed!
Thanks for the update. It makes sense if you aren't able to use up most of your voting power for LEO.
Yes, it's a pitty to keep it staked when there are no curation rewards.
Yes, it's a good idea to sell of the leo hold by ctpsb and use it to keep the token stable.
!BBH
!ALIVE
!LOLZ
lolztoken.com
they’re so full of themselves.
Credit: marshmellowman
@ctpsb, I sent you an $LOLZ on behalf of imfarhad
(1/8)
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I also believe so. There more funds we have to better we will manage to keep the APR high.