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RE: Current Hive Analysis (April 2023)

in LeoFinance2 years ago

I know this is off topic but I have to ask about CENT. I've accumulated about 85k cent token and I'm getting around 100-200 more per day now from curation rewards. Is there any plan to bring it back to peg at any point? Like, is there a change you have planned to implement that you think will work?

It seems like it's just melting away now and I don't see any reason it was go back to peg on its own.

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Hello. Thank you for your comment. First of all, Cent is not a stable cryptocurrency. And it is not pegged to any currency. Please read:

https://peakd.com/leofinance/@anadolu/cent-token https://peakd.com/hive-173575/@anadolu/update-cent-s-price-has

You are right. Like other cryptocurrencies and Hive-engine tokens, Cent has lost a lot of value. LP rewards in the HBD/Cent pool expire in the coming days. A new announcement will be shared in a few days. However, it would be unfair to other users if I write it here. Follow @centtoken.