RE: Deeper Well .:. WorkerBee PH-Pool Week 247
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I'm sure someone will be along with a proper explanation with all the numbers.
For me, CTPSB is a piece of financial wizardry from our Lovely Liotes Leaders. Where they buy and sell the token at an ever increasing price. Designed to give holders a potential profit every 2 weeks.
So you don't need to do anything other than hold it for a gain. No staking required, so you can take your profits whenever you want.
Genius!
!BBH
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Thank you for explain it.
Thanks a lot for the explanation. There isn't that magic behind it lol. It's actually a tokenized Hive account. The CTPSB token is backed by the Hive Power of the @ctpsb account which grows through curation and author rewards. The value is defined by the Hive Power divided by the number of tokens in circulation. By holding CTPSB you are actually part owner of the Hive Power of @ctpsb and you profit from the growth of the account.