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The Power Down continues

ctpsb

Published: 18 Jan 2026 › Updated: 18 Jan 2026The Power Down continues

The Power Down continues

The Power Down continues.jpg

Two weeks ago, we have initiated a power down of the underlying account ctpsbHive account@ctpsb. The reason was that the market maker was running out of liquidity because a lot of people were selling the tokens. This tendency has continued over the last week, and the market maker doesn't have much more liquidity than before. For this reason, the power down will continue for at least one more week but probably more than one week.

There is very little demand on the market for the CTPSB token at the moment and therefore the imbalance on the market in favor of people selling will probably continue. This isn't a big problem as such. The only thing that we need, because of the structure of this project, is time for the power downs to take effect.

Here the numbers of this week

AssetsAmountIncrease over last week
Hive Power36116-209
Tokens in circulation9046-75
Burnt tokens2452+75
Token value3.992+0.01
APR13.1%-0.1%

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The @ctpsb account is a tokenized hive account. It is the underlying asset of the CTPSB token that can be traded on hive engine.

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