RE: Deeper Well .:. WorkerBee PH-Pool Week 247

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Hi can you explain what is CTPSB?

hive-125125
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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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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.

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The CTPSB token is a project run by myself and @ph1102 in the context of the Liotes ecosystem.

CTPSB is a tokenized Hive account @ctpsb. The value of CTPSB is defined by the Hive Power on the @ctpsb account, divided by the number of tokens in circulation. Since the account grows with curation rewards, author rewards and other income sources, the value of the token is constantly growing. A market maker reproduces the token value on the market. You can profit from the account growth and the ensuing token value increase just by holding CTPSB:

You can get more information about CTPSB on our website

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That is actually better help i will check it. Thank you

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Happy to see that others explained it already! 🍻

Thanks for the comment and your interest!

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