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.
We're thrilled that the #cPenNetwork app is ranked among the top free social apps on the Apple App Store in the United States! This achievement wouldn’t be possible without the incredible support of our community. Thank you!
1 Day Countdown to SSI (SoSoValue Indexes) Token Staking Epoch 2 🚀
Buy and stake your SSI Token and be ready for Epoch 2 - 30,000,000 $SOSO up for grabs! If you’ve been staking SSI Token in Epoch 1, your stake will automatically roll over into Epoch 2 with no extra steps. 🙌
Mark your calendar: Feb 25, 12:00 PM UTC, Epoch 1 wraps, Epoch 2 takes off - lasting for 90 days!
New in SSI Token Staking Epoch 2: now you may stake $SOSO on top of SSI staking and boost your yield bonus for up to 40X points/day! 🎯
SSI Token Staking Epoch 1 Airdrop Claim: On Mar 6, you may claim your $SOSO reward for Epoch 1 💰
Check & Review: Between Feb 25 and Mar 5, you may check your $SOSO reward for Epoch 1. If you have any issues with the results for both SSI Token Staking Epoch and EXP Airdrop Season 1, we will review your appeal by March 5th and make the adjustment before airdrop time.
#SSI #SoSoValueIndexes #MAG7ssi #DEFIssi #MEMEssi #USSI
🚀 Referral Leaderboard & Community Event – Win Big! 🎉
We’re turning up the excitement with two epic ways to win!
🔥 Rise & Refer: The Arena Leaderboard Challenge!
🥇 $250 USDT | 🥈 $200 USDT | 🥉 $150 USDT
🏅 4th-5th: $100 USDT each
🏆 6th-8th: $50 USDT each
🎖️ 9th-10th: $25 USDT each
🌟 Community Event – Rewards for ALL!
When we reach our milestone, EVERY participant wins a special prize!
⏱️Time is ticking
🚨 Brace yourselves!
This month, we’re unleashing something MASSIVE! 💥 The community will take the lead and drive the future, shaping what’s next! 🔥 Game-changing moves, groundbreaking updates, and next-level action are on the way!
And for the Aure Believers… huge prizes await! 🎁
The countdown has begun… 👀⚡
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: $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