Hey #cPenNetwork community,
Earlier this month, we added CPEN liquidity to PancakeSwap after the CEX listing. However, we noticed it became inactive (holding ~23M CPEN and 0 WBNB). To address this, weโve taken the following steps:
- Added new liquidity: 6M CPEN + 1.7 WBNB
- Removed inactive liquidity: 23M CPEN + 0 WBNB
Rest assured โ we didn't and will never remove WBNB from PancakeSwap liquidity.
For the project development, this is a tough and challenging time for us after the setback.
We need to make major decisions about the direction of the project which is tough. We will make announcements as soon as we have the decisions.
Thank you.
Hey #cPenNetwork community! ๐ Despite a minor glitch, the transition to $INK mining in the cPen app is now complete! This marks a major milestone in our journeyโthank you for being part of it!
๐น Update your app to version 1.2.20 or later for the best experience.
๐น If you mined $PEN before the switch, itโs visible in your Wallet. The verified amount will show 0 until verification is completed later this month.
๐น Referral mining rewards update: Earn 10% of your referralโs basic miningโrewards will reflect after their session ends.
๐น Referral bonus remains: You & your referral each earn 3 $INK per new sign-up.
๐น Your team includes all your referrals, excluding the person who referred you.
๐น KYC & BSC wallet deadline: Complete your KYC and enter your BSC wallet address by March 11!
We appreciate your support! More updates coming soon.
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!
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!
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.
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:
โ Complete KYC verification
โ 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! ๐
๐ Exciting Update for the #cPenNetwork Community! ๐
Weโre thrilled to share the finalized cPen Network Coin Economics:
๐น 72% Community
- 60%: Pre-mainnet mining (rewards, airdrops, etc.)
- 12%: Mainnet rewards (nodes, creators, validators, etc.)
๐น 10% Team
๐น 10% Treasury (liquidity, listings, market-making, etc.)
๐น 8% Ecosystem
๐ก No presales. No investors.
This ensures the majority of coins go to the community.
๐ Total Supply:
Will be determined by factors like total mining users, rates, rewards, bonuses, etc. Finalized before token distribution.
๐ Thank you for your unwavering support. Together, weโre building a solid foundation for a bright future.
๐ Stay tuned for more updates!
#Blockchain #CryptoEconomics #CommunityFirst
๐ฆ ๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐๐๐!๐ฆ
๐ท๐ ๐ฆ๐๐ข ๐ค๐๐๐ก ๐ก๐ ๐ค๐๐ ๐ก๐ ๐ก๐๐๐ ๐๐๐ ๐๐๐๐๐ฆ ๐ค๐๐กโ๐๐ข๐ก ๐๐๐ฆ ๐๐๐ก๐ข๐๐๐ ?
๐๐๐๐กโ๐๐ ๐๐ ๐ค๐!
๐ With #SEED, simply playing and engaging means youโre in for the airdrop without heavy requirements! โ No big transactions, no endless invite lists.
๐ All that matters is your $SEED balance. Activities? Sure, engaging can multiply your rewards, but itโs completely optional.
Youโre the heart and soul of SEEDโs growth, #Seedizens! ๐ Stick around, play your way, and watch your rewards blossom day by day.
๐ฃ ๐ก๐ผ๐๐ฒ: ๐ช๐ฎ๐น๐น๐ฒ๐ ๐ฑ๐ถ๐๐ฐ๐ผ๐ป๐ป๐ฒ๐ฐ๐๐ถ๐ป๐ด ๐๐ถ๐น๐น ๐ฏ๐ฒ ๐ณ๐๐น๐น๐ ๐น๐ผ๐ฐ๐ธ๐ฒ๐ฑ ๐๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐ก๐ผ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ญ๐๐ ๐ฎ๐ ๐๐ฒ ๐ฝ๐ฟ๐ฒ๐ฝ๐ฎ๐ฟ๐ฒ ๐ณ๐ผ๐ฟ ๐ก๐๐ง ๐บ๐ถ๐ป๐๐ถ๐ป๐ด ๐ฒ๐ฎ๐ฟ๐น๐ ๐ป๐ฒ๐ ๐ ๐บ๐ผ๐ป๐๐ต.