🔒 Important Announcement: $PEN Token Lock Strategy Update! 🔒
To ensure long-term growth and community trust, we’re locking 30% of $PEN’s total supply for 5 years:
✅ 12% – Mainnet Rewards
✅ 10% – Team Allocation
✅ 8% – Ecosystem Fund
Lock Details:
⏳ 12-Month Cliff: No unlocks in Year 1.
📈 48-Month Linear Vesting: Gradual release from Month 13–60.
🚨 Important Note: Community-mined rewards (earned through participation) are NOT locked—only the 30% above are subject to the lock.
To our incredible community: Thank you for believing in #cPenNetwork’s vision! 🚀
#Blockchain #Crypto #Tokenomics
Hey #cPenNetwork community! Thanks to over a year of contributions from every member, our community is growing steadily and rapidly. This progress makes us even more confident in our project's success. Now, we're thrilled to announce the upcoming $PEN token distribution. Here are the key dates:
• Feb 28, 2025, 23:59:59 UTC:
$PEN mining ends. When you click the Start button, it automatically switches to $INK mining.
Action: Update your app to v1.2.20 (available on the Apple App Store & Google Play Store) for a seamless transition.
• Mar 11, 2025:
KYC & BSC Wallet Address entries will be paused for balance verification and token distribution.
Action: Please complete your KYC & BSC Wallet Address entries before this date to qualify for the $PEN token distribution.
(Note: The entries will be re-opened at a later date.)
• Mar 24, 2025:
$PEN token distribution begins.
The $PEN token distribution marks a significant milestone in our project—and it's only the beginning. Stay tuned for more exciting updates!
Thank you for your continued support!
Previously, we announced that token mining will soon switch from $PEN to $INK (please update your app to the latest version if you haven’t already). Today, we want to clarify the differences between these two tokens and why both are essential to our ecosystem.
$PEN will be used as the gas fee token on the cPen blockchain when we have the open network, ensuring smooth, secure on-chain transactions. Looking ahead, $PEN will play a key role in the future development and governance of the cPen blockchain.
In contrast, $INK is designed for in-app purchases within the cPen App. Similar in spirit to Telegram’s Star—but with a major upgrade—$INK will be fully on-chain and transferable, giving you enhanced control and flexibility in your app interactions.
Eventually, we plan to separate the cPen blockchain from the cPen app to form the cPen Foundation. Separating functionalities lets us optimize both our blockchain and app experiences:
• $PEN powers blockchain transactions and future governance.
• $INK fuels app-specific features and in-app economies.
This dual-token approach not only streamlines operations but also lays the foundation for a scalable, robust ecosystem. Thanks for being a vital part of our journey as we continue to innovate and grow!
#cPenNetwork #CPEN #INK #Blockchain #Crypto
Important announcement for the #cPenNetwork community:
$PEN mining will conclude in late February 2025, with token distribution following in March (exact date TBA soon)
To be eligible for distribution, you MUST:
✓ Complete KYC verification
✓ Register your BSC wallet address (don't put your CEX address)
Note: Failure to complete these steps will result in forfeiture of your $PEN tokens
When $PEN mining ends, you'll automatically transition to mining $INK through your cPen mobile app. $INK will be an integral part of the cPen ecosystem
Post-$PEN distribution, we're excited to begin the development of https://t.co/8JddKzjq4K - a project that will introduce innovative features - we hope it will bring cPen network to a new level.
Thank you for your continued support and trust in the cPen Network. Follow us and set notifications on to stay informed about distribution dates and important updates! 🔔
Introducing HODL HIGH - a retro-inspired game for the Cube ecosystem 🕹️ 👾 🎮
Feeling nostalgic? ✨ HODL HIGH brings back the thrill of classic games with exciting new ways to earn.
Stack Blocks 🧊, rack up rewards 🏆, and dive into a gamified experience that blends old-school fun with real value!
Play HODL HIGH, complete tasks, and watch your stack grow! Here’s how to get started👇
🎄 HO HO HO! $10,000 $SOL Giveaway for Special XMAS HODL Game — Season 3! 🎅
Santa's Crypto Workshop is LIVE! We're kicking off Season #3 of the HODL Game from @cubexch with an epic $10,000 SOL giveaway campaign!
No complicated Tasks, no KYC!
🎁 Unwrap Your Crypto Gifts:
- $10,000 $SOL
- 300,000 #MANA
- Lucky Spins
- Special Christmas badges
How to Join the Holiday Crypto Party?
1️⃣ Open Spell Wallet Bot:
https://t.co/DPDphC2VcS
2️⃣ Complete Solana Giveaway Quests before January 26
Campaign Easy Ride Details
🎁 Prize Pool: $10,000 in $SOL
📆 Campaign Dates: December 24 — January 26
🏆Distribution: January 28 — Direct to #Spell #MPCWallets!
🎄 Proof-Checking Elves:
Check Campaign Proof-of-Funds on Solscan - https://t.co/kP4yfvzAiP
Simple Tasks = Big Rewards!
Crypto cheers & Festive Beers 🎅
The past week has been extremely intense for the entire Sl8 and Gold Eagle teams due to a massive influx of new users! We are deeply grateful to everyone who has joined us and is now using our social platform and mining app 🔥
This announcement is here to share our latest updates and plans for the coming month!
Upcoming SSLX Listings
We plan to list SSLX on at least three exchanges ranked in the Top 10 – Top 20 on CoinMarketCap:
January 21: XT (https://t.co/DZ2emIxiWA)
January 28: LBank (https://t.co/qYWHQVtCde)
February 4: MEXC (https://t.co/l8xgJEGBKA)
We’ve successfully completed reviews for all three exchanges. Additionally, we’re considering a regional exchange popular in Japan. If everything goes well, that would make four listings instead of three. Listing dates are tentative and subject to change.
These listings could drive an even larger wave of registrations to Sl8 and Gold Eagle, so we need to be well-prepared.
Preparing for Growth
Let’s admit it - we weren’t fully ready for the recent surge in new users 😅
The task verification team struggled to handle the overwhelming volume. Even after implementing Telegram and Twitter API-based verification, some bugs persisted
Activating wallets on Stellar isn’t free, and we’ve spent significant funds to enable wallets for all of you
Occasionally, the Gold Eagle bot experienced slowdowns due to server overload
To prevent these issues from repeating on a larger scale after the listings, we’ll take two weeks to fix bugs and make improvements:
1) Anti-Bot System: finalize the development of an anti-bot system to address issues caused by bot farms, which have impacted the STARDUST price
2) New Gold Eagle Design: Implement the new, polished design that’s already prepared
3) Task Verification Fixes: Resolve bugs in Telegram/Twitter API-based verification to ensure a flawless process
4) Dynamic Wallet Activation System: Develop a system for activating/deactivating wallets dynamically to onboard more users without requiring a permanent crypto wallet for each. For some reason, it’s incredibly challenging to secure any support grants from Stellar for wallet creation or marketing, even though Sl8 is one of the largest Stellar-based projects driving real mass adoption. This means we need to get more creative.
5) Boosts purchases upgrade: Add the option to purchase boosts in Gold Eagle with USDC, not just Telegram stars. This will improve marketing opportunities, revenue, not just DAU/MAU metrics, and help us succeed on upcoming ProductHunt and WeFunder activities.
7) Expanded Boosts Options: Introduce new boosts to enable faster STARDUST mining.
8) Backend Developer Expansion: Hire two additional senior backend developers to accelerate feature delivery and reduce the workload on our CTO, who has been working tirelessly with minimal rest for years.
9) Gold Eagle Admin Panel Enhancements: Add advanced tools for creating and managing tasks.
10) Bug Fixes in the Existing Sl8 Apps: Address issues in the current app while new versions are in development.
11) Improved Payout System: Enhance the Gold Eagle prize pool payout system to make payouts faster and error-free.
We have to pause STARDUST Claims and Payouts
during these two weeks. However, they will resume after the SSLX listing on XT Exchange.
Any payouts from the Prize Pool you missed over the past few days will be distributed shortly!
A Small Gift 🎁 for you: AB24cgaKeU2
Here’s a special gift for the first 1,000 users who read this announcement to the end and was lucky enough to redeem this voucher code in the Sl8 app (available on Google Play and the App Store): 10 SSLX!
Remember, even though our project is already over five years old, this is just the beginning!
#go_Sl8
🚀 cPen 1.2.17 Update is Here! 🚀
We’ve just launched our latest cPen app update on Android (iOS coming soon)! 🎉
You can now enter your BSC wallet address for the upcoming token distribution in the first quarter of 2025 (exact date TBA). 📍🛠️
Please note that the address must be from a self-custodial wallet (such as MetaMask, Trust Wallet, or OKX Web3 Wallet) that you control. Do not use addresses from centralized exchanges (CEX).
Make sure you verify your wallet address carefully. If you provide an incorrect address or a CEX address, your tokens will be lost permanently and cannot be recovered.
If you haven’t installed the cPen mobile app yet, download it here: https://t.co/HB3sJFnF8S
Thank you for your continued support—together, we’ll make a difference!
📣 Big News: Bondex has successfully raised over $10M in our latest investment round! 🥳 🎉
Our funding round was led by prominent VCs such as @animocabrands, @Morningstar_vc, and @CoinList. 💰
Alongside our incredible community, their support fuels our mission to further Web3 professional networking! 🌐✨
👉 Read full article via @TheBlock__ https://t.co/swfGDwT4a8
🌟 Exciting Update for the #cPenNetwork Community! 🌟
We’re thrilled to share the finalized cPen Network Coin Economics:
🔹 72% Community
- 60%: Pre-mainnet mining (rewards, airdrops, etc.)
- 12%: Mainnet rewards (nodes, creators, validators, etc.)
🔹 10% Team
🔹 10% Treasury (liquidity, listings, market-making, etc.)
🔹 8% Ecosystem
💡 No presales. No investors.
This ensures the majority of coins go to the community.
🌀 Total Supply:
Will be determined by factors like total mining users, rates, rewards, bonuses, etc. Finalized before token distribution.
🙏 Thank you for your unwavering support. Together, we’re building a solid foundation for a bright future.
🚀 Stay tuned for more updates!
#Blockchain #CryptoEconomics #CommunityFirst