Hello dear Cent community. As you know, we have 5 liquidity pools. Trading volume in the Hive and HBD liquidity pools, in particular, has reached very good levels. We haven't yet reached the desired values in terms of trading volume and liquidity in the Hive/Cent market. However, as you know, trading volume and liquidity are very important for a healthy price formation. We are placing buy and sell orders in the Hive/Cent, Hive/SHORT market using our @centtoken account. Additionally, several arbitrage bots are balancing prices between the liquidity pools and the market. Many scalping bots operate in the market. However, they are not sufficient. To achieve sufficient trading volume and liquidity in the Hive/Cent and Hive/SHORT markets, we have decided to launch an study.
What you need to do is very simple:
Enter buy and sell orders in the Hive/Cent or Hive/SHORT market. You can place interval orders at specific price levels or by setting a percentage. If you want your trade to be completed quickly, reduce the price spread and order quantity. If you aim to earn higher profits each time an order is executed, increase the price spread between orders.
Rewards:
Currently, it is not possible for us to technologically track executed transactions and distribute rewards proportionally to the transaction. Therefore, we will conduct market transactions in the Hive/Cent and Hive/Short markets. We will actively use @dswap. So, reward distribution will primarily be done through price slippage. Instant buy and sell transactions will ensure that the market maker orders you enter are executed. This way, you will achieve a certain profit margin. We will also actively monitor the Cent and SHORT markets and distribute tokens through various events.
Things to note:
- When trading, your priority should be to avoid losses. Don't get excited and sell all your tokens when the price rises excessively. Similarly, don't buy tokens with all your capital when the price falls excessively.
- Always keep Hive, Cent, and SHORT in your wallet. This way, you will constantly monitor potential trading opportunities.
- When you need to place market orders, break them down into smaller parts. Don't rush. Allow arbitrage bots time to stabilize the price.
- Follow the price in liquidity pools. As mentioned above, the price of Cent and SHORT tokens is primarily determined in liquidity pools. Following the price in the liquidity pool until the market becomes dominant will be beneficial for making profitable trades.
- Instead of placing orders above the prices in the order book, place orders at different prices. This way, your orders will stay away from areas where price movement is concentrated and will be executed faster.
Below, we'll share a screenshot as an example. We've highlighted a few orders placed for market maker trading. A portion of one of these orders has been executed, and the user has earned some income.
As you know, we are very proactive compared to other projects in terms of active management of liquidity pools, liquidity provider rewards, etc. As stated in Cent's technical documentation, our primary goal is to provide our users with a token that has high liquidity and sufficient trading volume. Therefore, we strive to ensure healthy price formation in the Cent market, as well as in liquidity pools. We will continue to offer very attractive incentives to ensure features such as high liquidity and low price slippage. Feel free to ask any questions you may have. Follow this account for new event announcements and current news.
