I had then since decided to unstake all my CENT tokens (especially because I do not curate on the CENT community here on Hive), and just put them on liquidity pools, hoping for the token to finally reach its peg of $0.01 each eventually. 🤓
!ALIVE
I understand, and the CENT pools are excellent options. If you have enough staked CENT, you can also delegate it to @centtoken for weekly HBD payouts. 😁🙏💚✨🤙
!ALIVE
!BBH
Thanks for the idea !INDEED. 🤗
I wonder which among putting CENT in liquidity pools where it is one of the token pairs and delegating Cent Power to the official Cent Hive account you would recommend more. 🤓
!WEIRD
!HOPE
!WINEX
!PIZZA
Sure thing, you're welcome.
I think that the minimum to delegate is around 20-25k CENT (I don't remember the exact number). For the pools, as much as you can spare, as all the CENT pools are very good, and there's quite a lot of them. 😁🙏💚✨🤙
!BBH
!HOPE
!INDEED
!PIZZA
!WINE
!WEIRD
I wonder what would happen to the other #HiveEngine tokens where CENT is the partner in any liquidity pool when the price of the CENT token finally reaches its peg of $0.01 !INDEED. 🤑😆
!HOPE
!WEIRD
!MMB
!UNICOIN
Well, it would depend on how its own value is doing in relation to how CENT's value is doing. If it were a notable jump for CENT, then the other token would grow in the pool, and CENT would decrease, 😁🙏💚✨🤙
!BBH
!HOPE
!MMB
!UNICOIN
!WEIRD
I would predict that holders of the CENT token, whether or not they are liquidity providers of any token pair with CENT on it, will swap their CENT for the other tokens as soon as they notice that CENT is at or very close to $0.01 each !INDEED. 🤓
!HOPE
!WEIRD
!ALIVE
!MMB
Well, if that were done in any major way, then the price of CENT would quickly fall back to much lower levels once again. 😁🙏💚✨🤙
!ALIVE
!BBH
!HOPE
!INDEED
!MMB
!WEIRD
Let's hope in general (though unlikely) that people use cryptocurrencies (including tokens) more as actual currencies (which is the CENT token in this case)! 🤗😅
!MMB
!STRIDE