Current Status of TRIBE Token Study

Hello. Hive has lost about 12% of its value in the last two days. Due to the decrease in the Hive price, other tribe tokens have also lost value. We pay delegation rewards based on the HBD value of the tokens. We are trying to ensure that users who participate in our studies are less affected by sudden market movements. For this reason, we will send the rewards of the Delegation Study tomorrow. If there is no stabilization in the Hive price by tomorrow, we will increase the APR rates slightly.

Let's get to our main topic; As of today, the Cent/Tribe liquidity pool has completed its reward distribution period. We have restarted the reward distribution period in the pool. We have started adding Tribe Token Work rewards to the Hive/Trade liquidity pool that we created about 25 days ago.

• We have added some more LP rewards to the Hive/Trade liquidity pool. There are $467 worth of LP rewards in the pool. Current APR is 90%. The reward amount in the pool may be a little low at first. However, it will return to normal within a week.

• We have restarted the LP reward distribution period in the Cent/Tribe liquidity pool for one year. There are $783 worth of LP rewards in the pool. Current APR is 42%. We plan to keep the APR rate in the pool balanced by adding/removing liquidity with the @centtoken account.

As mentioned in here, we have updated our reward distribution strategy in Trade and Tribe studies. We will add some Hive rewards to the Hive/Trade liquidity pool at the initial stage. The HP Delegations Study is progressing quite efficiently. As long as the efficiency increases, we will try to keep the amount of Hive rewards in the pool high. Therefore, it would be very useful for you to announce our studies to the users you know.

Follow @centtoken to quickly access current news and reports.

Posted Using INLEO