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: $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
🐶 The Era of $DOGE: Join the 1000 $DOGE Party
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⌛ Airdrop ends in 7 days. Join now!
⛽ Free Gas Airdrop for $MEMEFI Club ⛽
$MEMEFI big debut is almost here! And we’re supporting our @memeficlub members with a 50 $TON Gas Free giveaway 💸
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1️⃣ Like, RT, Bookmark, and Tag some friends!
2️⃣ Join ONUS Tap to claim: https://t.co/9UwlK24uQU
📅 Event Dates: November 2nd - November 9th
Don’t miss out on this free fuel claim for your $MEMEFI treasure! Let's go!
Interested in learning more about Dual Staking? 📊🔶
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🏗️Join the Core Success Stories AMA featuring @colend_xyz to gain insights into their development journey on @Coredao_Org.
Learn about the technical details and opportunities Colend offers for developers on #Core.
🗓️Date: 8th August, 2024
⏰Time: 12PM UTC
🎙️Live AMA Session: https://t.co/IymgV2mcqI
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📆⏰Aug 16, 7 AM UTC
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