For a long time, it was paramount for the CTPSB project to create at least one post a week to insure a constant growth of the project. It's still true that post rewards give a nice boost to the APR but the bigger the project gets, the less impact these rewards have.
This week for example, there was no post payout and the week was shorter than usual and still the token value increased by 0.009 Hive which is actually exactly the average growth per week. There are several factors contributing to that and the main one is the constant token burn. This week again we have managed to burn 2 CTPSB tokens. The more tokens we burn, the easier it will be to have a constant growth even without post rewards.
To sum up, things are going into the direction that we want!
The numbers of this week
If last week was longer than usual, this week was shorter than usual simply to balance things back to the normal scedule. The figures below are for a time frame of 6 days instead of 7.
| Assets | Amount | Increase over last week |
|---|---|---|
| Hive Power | 33324 | +79 |
| Tokens in circulation | 9440.4 | -2 |
| Burnt tokens | 2058 | +2 |
| Token value | 3.53 | +0.009 |
| APR | 15.6% | +0% |
Learn more about the CTP Swarm Booster:
A project run by @liotes