Weekly dividends paid with 16.7% APR

This morning I have paid a record amount of dividends. 1759 CTP tokens were distributed to the delegators of this project. This is the highest amount distributed so far. It represents a return of 16.7% APR for delegators.

Token value is exploding

We have received a lot of delegations lately and this has a direct repercussion on the value of the CTPSB token. Each delegation leverages the hive power of the underlying account. Thanks to these delegations, the APR of the token is now over 68%!

Dividends are growing alongside the delegations

I'm very happy to see that the dividends are growing alongside the delegations. This allows us to reward the delegators with a stable return on their delegations. We manage to grow the dividends by reinvesting 50% of the tokens into our stakes.

Voting power had to be reduced a bit

Since there are much more people voting in CTP, we had to reduce the voting power of our upvotes because the voting mana was draining itself. With a bigger account size, the upvote value will remain more or less the same for the upvotes in spite of a lower voting power.

By reducing the voting power a little bit, we can now upvote more posts without draining the voting power of the account.

Learn more about the CTP Swarm Booster:

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