1373 CTP distributed this week

This is the second time that delegators to the @ctpsb account received dividends. This week, they received 0.044 CTP per Hive delegated. Which, with actual CTP prices represents a yearly return of more than 13%. We are getting closer to what is paid on dlease.io and the ctpsb project becomes a nice alternative to delegate Hive Power.

450 CTP tokens bought and 440 CTP token burned

50% of the curation rewards of Hive-Engine tokens are used to pay the dividends to the delegators. The biggest chunk comes from CTP tokens but there also other tokens that are generating curation rewards. 50% of these curation rewards were staked and 50% were sold. With the proceeds, we managed to buy 450 CTP tokens. @jongolson is the creator of the CTP token and biggest delegator to the @ctpsb project. He burnt all his 440 CTP dividends.

Thanks to the CTPSB project, we create demand for the CTP token and also reduce the supply by burning a part of the dividends.

CTPSB token is above 55% APR

Thanks to the dividends that are paid on delegations, we got some fresh delegations to the @ctpsb account and each delegation is leveraging the curation rewards of the account. Thanks to that we managed to increase the APR from 50% to 55%. The token value is now of 1.111 Hive which is more than 9% higher than when the token was emitted 61 days ago.

Learn more about the CTP Swarm Booster:

• The CTPSB Website
• The market on Hive-Engine
• CTPSB Token holder richlist