Why will we buy cPen tokens?
We previously announced that we would regularly purchase cPen tokens. Based on community feedback, we’d like to clarify/correct our strategy:
Liquidity Pools
Purchasing cPen tokens is not intended to boost liquidity pools. As detailed in our Coin Economics, the Treasury pool already holds reserved liquidity tokens, so there’s no need to buy additional cPen tokens from the market for this purpose.
cPen App Project Development
We will acquire cPen tokens to support the development of the cPen app. Although our Coin Economics includes an Ecosystem Pool, its reserves are allocated for the cPen blockchain ecosystem. As mentioned earlier, the cPen blockchain and cPen app will eventually separate, with a dedicated cPen Foundation overseeing the blockchain ecosystem. Therefore, we’ve decided to regularly buy cPen tokens from the market to strengthen the cPen app ecosystem and drive its development.
Important Note
Our decision to buy cPen tokens is solely based on our commitment to advancing the cPen app project. This announcement is intended to provide transparency about our plans and should not be interpreted as advice regarding cPen tokens or any other cryptocurrency. Trading crypto involves risk, and you may lose your entire investment. Always conduct your own research before making any decisions.
Hey #cPenNetwork community,
✅ The $CPEN token verification is complete! Check your verified token balance now on the Wallet page in the cPen app (update to v1.2.20+ required).
Ensure your BSC Wallet address is correct and secure. Wallet address entry closes on March 29 at 20:00 UTC—update yours ASAP to avoid losing your mined $CPEN tokens.
Token distribution begins on March 30. Total supply details will be announced soon.
🆕 We've switched to $INK mining this month. Haven't started yet? Join now: https://t.co/3gkTDZJLzU
Thanks for your continued support—stay tuned for more updates!