Delegation Works Weekly Report 8.8.26

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Hello. All Cent tokens are now in circulation. We reduced the maximum supply of CENT from 100,000,000 to 89,939,000 Cents by burning a certain amount of tokens. This week, we distributed rewards to users staking Cent, in addition to delegation rewards.

  • We have stopped the Cent reward pool for the reasons mentioned here. Cent is being removed from the Delegation Program. We will now begin distributing rewards for staked Cent tokens. Delegation rewards for Cent will also be distributed next week. However, it is recommended that you cancel any Cent delegations you made to @centtoken and other accounts. We will continue to distribute staking rewards for staked Cents of 25,000 or more. Payments will continue to be made weekly in HBD. Starting from the third week of August, we will distribute rewards to users listed in the staking section at https://he.dtools.dev/richlist/CENT and https://market.crypto-dreamr.com/richlist/CENT.
  • Users who delegated 27,000 Cent or less were supposed to receive less than 0.01 HBD. However, we have updated the airdrop list. We have set the minimum reward at 0.01 HBD.
  • Delegation work continues with HP, BEE, SPORTS, and POB tokens. We continue to monitor liquidity pool and token market data to include new tokens in the work. Follow Delegation Works for the current status of the work.

As part of our Delegation Works, we distributed 8.48 HBD, 22.7 Hive and 24111 Cent rewards this week. The average annual yield rates (APR) offered for Token delegations this week were: HP: %15, BEE: %9, CENT: %35, SPORTS %10 and POB %15. In total, we received 7800 HP, 23.500 BEE, 20.331.000 CENT, 12.620.000 SPORTS and 78.000 POB delegations.

HP, Sports, and Pob delegation rewards airdrop link:
https://he.dtools.dev/tx/3cad9c9a9dd250e2f1f989eb0f264749e1bdcba8

You can review the previous report of the Delegation Works here.

https://images.ecency.com/p/4i88GgaV8qiFkxbnGCXnHNbt8wcgAMNP6xb3BathLUp7dyDXtepjXNwPtxkJuKrNztsKGvwDuFg7FMVYrjhTCxehzKj2NEeXgXnykujwFZfCMyX5RJ65tWD82a.webp

cent proofofbrain neoxian hive-engine sportstalk
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8 comments
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So... we should cancel delegations now and then keep the CENT staked in out own account?

!BBH !ALIVE

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Yes. The reward pool has been discontinued. Therefore, curation rewards will no longer be available. To earn rewards, simply staking Cent is sufficient.

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However, it is recommended that you cancel any Cent delegations you made to @centtoken and other accounts.

I forgot the reason why you are removing the CENT delegation rewards. Anyhow, I will check the link you shared.

!BBH !PIZZA !LOLZ

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The maximum number of tokens has been reached. Therefore, the reward pool has been stopped. Consequently, curation, delegation, etc., for Cent are no longer necessary. Now, staking the token is sufficient to earn rewards. To ensure your account is properly listed on the pages linked above, please pay attention to unstaking, delegation, etc.

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I got it. So that's the reason. I think I missed reading when you published an announcement. Thanks!

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Thanks for the update.

!ALIVE
!BBH
!PIXY

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It has taken me quite a while to understand what exactly has happened to the $CENT token !LOL

This post explains a lot, that I've not read before!

So moving forwards: I can see that by simply "staking" the $CENT token will reward us with a weekly "airdrop" payment of $SWAP.HBD in Hive-Engine. I quite like that idea √ (instead of $CENT curation rewards).

I just need to sort out my messy delegations first, then I will support $CENT much more!

Good luck with all your future POOLS & Projects 🤑

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