Cent/Leo Pool at 68% APR: An Amazing Offer for Greater Yield

Hello Cent community and the entire hive blockchain. It's time to talk about the numerous and amazing offers the Cent community gives to Hivers, who are interested in staking Cent tokens and also participate in the Cent community development.

Today, @anadolu the issuer of Cent tokens gave a statistical update on the current situation happening around the Cent community and token.

One of the unique features that I got from the above post is the liquidty pools between Cent and Leo 🦁 tokens. Remember that it's not every Hive Engine tokens that you can swap unless you add liquidity to it. It's amazing to note that Cent tokens can be swapped to Leo vice versa.

There is $550 (39,769,074 CENT/4,961,044 LEO) worth of liquidity in the Cent/Leo pool. The current APR rate of the pool is 68%.Source

This APR is one of the highest in the blockchain, even bigger and better than that of 20% APR on HBD savings. This means that accumulating Cent tokens and swapping them to Leo can be very profitable to an individual who understands the power of accumulating tokens in terms of calculating them in APR.

Since there's a mutual contract between the two tokens, there's a great future for both.

If you have provided liquidity for more than 30 days in all liquidity pools, you will receive a +1% bonus reward. Also, the hourly reward distribution in the Hive/Cent pool does not penalize adding/removing liquidity. You get the reward hourly. And Hourly rewards are not included in the APR rate in the daily reward distribution.Source

Cent token also provides an hourly rewards for liquidity pools providers and this rewards are not included in the APR. This makes Cent community one of the best on the hive blockchain.

Your way to the top can become better with a touch of Cent stake on your Hive Engine.