The interesting thing about the CTPSB project is that the token value can only go up. All the income that the underlying @ctpsb accounts generates is cumulated over time. The only way that the account loses hive power is in the case that it is required when the market maker runs out of liquidity. This hasn't occurred for a long time and therefore the hive power on @ctpsb has constantly grown to reach 33'143 HP today which is the highest amount ever.
At the same time, the number of CTPSB tokens in circulation is decreasing on a weekly basis with the organic burning mechanism. Today, again two token were burnt which brings the total of tokens in circulation to 9444.4.
There was no post payout this week and in spite of that the token value increased by 0.009 hive or at a rate of around 14.2%.
The numbers of this week
| Assets | Amount | Increase over last week |
|---|---|---|
| Hive Power | 33143 | +84 |
| Tokens in circulation | 9444.4 | -2 |
| Burnt tokens | 2054 | +2 |
| Token value | 3.509 | +0.009 |
| APR | 14.2% | -0.7% |
Learn more about the CTP Swarm Booster:
A project run by @liotes
