By anadolu on Skatehive
There is still no stable cryptocurrency with an actively used market and liquidity pool on the Hive-Engine. There are a few liquidity pools that distribute satisfactory LP rewards, but even these lack sufficient liquidity. Recently, as with all digital markets, cryptocurrencies and Hive have experienced sudden price shocks and extreme volatility. The SHORT Token was created a few days ago. You can think of the token as an insurance option to benefit from potential downward trends in the Hive price. We launched the token at 0.17 Hive. We kept the price quite low to allow all users to benefit and for fractional trading. We track the reference price using the Hive/USDT pair on Tradingview. You can create the chart by entering a code like BINANCE:USDTUSD/BINANCE:HIVEUSDT in the pair search section. We will use liquidity pools, market maker transactions, etc. to reduce the token's volatility. The token is supported by the Cent Project. It will be managed by the @centtoken account. We have c