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.
🔒 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
🚀 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!
🌟 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