Hey #cPenNetwork community,
In just 3 days, cPen mining will switch over to $INK. Please update your app to v1.2.20 or later to avoid interruptions.
Note: When mining transitions from $PEN to $INK, your current streak will reset for $INK mining.
On March 11, KYC and wallet address entries will be paused for balance verification and token distribution.
To qualify for the cPen token distribution, complete your KYC and add your BSC wallet address before March 11โif not, your $PEN tokens will be burned.
Thanks for your continued support!
Why will we buy cPen tokens?
We previously announced that we would regularly purchase cPen tokens. Based on community feedback, weโd 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 thereโs 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, weโve 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.
๐ Important Announcement: $PEN Token Lock Strategy Update! ๐
To ensure long-term growth and community trust, weโre locking 30% of $PENโs total supply for 5 years:
โ 12% โ Mainnet Rewards
โ 10% โ Team Allocation
โ 8% โ Ecosystem Fund
Lock Details:
โณ 12-Month Cliff: No unlocks in Year 1.
๐ 48-Month Linear Vesting: Gradual release from Month 13โ60.
๐จ Important Note: Community-mined rewards (earned through participation) are NOT lockedโonly the 30% above are subject to the lock.
To our incredible community: Thank you for believing in #cPenNetworkโs vision! ๐
#Blockchain #Crypto #Tokenomics
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 wouldnโt be possible without the incredible support of our community. Thank you!
๐ฅ Weโre giving away $100,000 in $RATS with @The_RatsKingdom to the Trust Wallet community, with 10,000 chances to win!
Entry:
๐ Like & RT
๐ Follow @TrustWallet & @The_RatsKingdom
๐ Complete tasks with your #TrustWallet address on #TON
https://t.co/B0vle1b4KY
$1,000,000 in SDM Node Rewards to Airdrop Participants.
https://t.co/vtZLBqKtAS
Join the fastest growing DePIN that produces Secure Computing Power for 440 Million Crypto Users!
Stay tuned in the Airdrop page as we are soon launching our Telegram Mini-App! Which will contain direct opportunity to earn Yield generated from our own Pre-Launch Nodes right now!
Exciting times ahead, join our 59,000+ userbase and use the EPN product for Free Pre-Token Launch
๐ It's go time! The Wirex Pay Node PUBLIC Sale is officially open! ๐
GRAB YOUR NODE(s) HERE! โก๏ธ https://t.co/QE0BBuxuqP
A massive thank you to everyone who participated in the Whitelist Sale, achieving remarkable results even amidst market volatility. Hereโs what weโve accomplished:
๐น 8,000+ nodes sold, raising $2M in the first 5 minutes
๐น 18% of all nodes sold in just 3 days
๐น Tier 1 and Tier 2 completely sold out
๐น Tier 3 nearly 90% sold
We couldn't have done this without our dedicated retail and institutional participants. Your support has been crucial.
IMPORTANT! The sale operates on a first-come, first-serve basis, so secure your node now before the prices go up!
๐ฅ For a step-by-step guide on how to purchase a Wirex Pay Node, watch our video guide: https://t.co/pYV7kCbcJE
๐ Want more details about Wirex Pay? Explore here: https://t.co/fqQ4YZVuf7
๐จ WIREX PAY NODE SALE ANNOUNCEMENT! ๐จ
The much-anticipated Wirex Pay Node Sale is officially underway!
๐ Whitelist Sale: August 5th, 12.00 PM UTC
๐ Public Sale: August 8th, 12.00 PM UTC
Sale Details:
๐น 100,000 nodes available in a tiered pricing system.
๐น Prices increase with each tier, more info ๐ https://t.co/SbI3JVWnnw
๐น First come, first served system.
๐น Nodes can be purchased with $ETH on the Polygon chain (be ready and bridge your $ETH to the @0xPolygon network in advance)
Why Participate in the Wirex Pay Node Sale?
๐ฅ 20% of the $WPAY token supply will be distributed to node owners.
๐ฅ 40% of transaction revenue will be shared with node owners.
๐ฅ Future perks for node owners are on the horizon.
๐ค Wirex Pay Backing
Wirex Pay is incubated by @wirexapp, pioneers in the crypto space since 2014 with over 6 million users and more than $20 billion processed in transactions. We're built on a solid foundation!
โ Join the Whitelist
Secure a spot in the early stages of the Node Sale at introductory prices. Whitelist closes on August 4th, 11:59PM UTC. Don't miss out on ground-floor pricing!
โก๏ธ https://t.co/Fa7ZAY57Dy
Are you ready to shape the future of payments with us? ๐ฅ
๐We are thrilled to partner with @mintlayer to enhance the Bitcoin ecosystem.
Together, we're bringing DApps, RWAs, and seamless interoperability through atomic swaps to the forefront.
Stay tuned for innovations in tokenization and cross-chain solutions! ๐๐ฅ