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
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!
Our Listing Marathon kicks off with XT Exchange in a few days 🚀
Key Milestones up to date:
🔥 600+ Twitter KOLs from around the world now support us
🔥 SSLX’s rank on CoinMarketCap has jumped from 4008th to 1202th place!
🔥 We’ve entered new markets, including Latin America, Arab countries, and Asia
🔥 Achieved verified capitalization on CoinMarketCap and CoinGecko
🔥 The average views per post on X Twitter have increased 14x (from 2K to 28K)
🔥 Daily trading volume has grown from $30K to $500K+
🔥 Daily active users in our Gold Eagle mining app have increased 10x
🔥 Thanks to the launch of the dynamic automatic wallet activation/deactivation system in Sl8, we’ll be able to onboard an additional 200,000 new users in the next few weeks
And you know what...
This is just the beginning. 2025 will be our year of explosive growth. By the end of the year, Sl8 token holders will live in a new reality, with confidence in tomorrow. Our project will be the talk of the world - from news broadcasts to casual conversations at dinner tables.
Plans
We traditionally keep our strategic plans under wraps - and for good reason. Sl8 is the new social and financial infrastructure for a new World. As massive fortunes crumble, major social networks face bankruptcy, and hyperinflation wipes out the savings of billions, who will thrive? Our token holders. Join us.
One Key Piece Missing
The final component of our product triad - the Launchpad - is about three months away from completion. Once the first tokens are launched on it, the Gold Eagle prize pool will grow in value at an incredible pace, along with the SSLX token.
Those holding STARDUST will start receiving substantial payouts from this prize pool. Dmytro Ivanov, our CEO, has purchased around 4 billion STARDUST. Why? Because he believes in Sl8, Gold Eagle mining app, our upcoming Launchpad, and our team.
A Small Gift 🎁 for You
Here’s a special gift (AB21SHY5KnS) for the first 1,000 users who read this announcement to the end and was lucky enough to redeem this voucher code in the Sl8 app (available on Google Play and the App Store): 10 SSLX!
Buy $SSLX:
BSC: https://t.co/LyuCPSSccF
Stellar: https://t.co/HuDGwPnV7T
Whitebit: https://t.co/HUdu9mKelb
Coinstore: https://t.co/YANTcKCfDt
Stake $SSLX: https://t.co/xHJ1OWakbI
Stay tuned, get ready, #go_Sl8
#crypto #Blockchain #XLM #XRP #CBDC #Trump #Trumptok #Trump2025 $TRUMP
The past week has been extremely intense for the entire Sl8 and Gold Eagle teams due to a massive influx of new users! We are deeply grateful to everyone who has joined us and is now using our social platform and mining app 🔥
This announcement is here to share our latest updates and plans for the coming month!
Upcoming SSLX Listings
We plan to list SSLX on at least three exchanges ranked in the Top 10 – Top 20 on CoinMarketCap:
January 21: XT (https://t.co/DZ2emIxiWA)
January 28: LBank (https://t.co/qYWHQVtCde)
February 4: MEXC (https://t.co/l8xgJEGBKA)
We’ve successfully completed reviews for all three exchanges. Additionally, we’re considering a regional exchange popular in Japan. If everything goes well, that would make four listings instead of three. Listing dates are tentative and subject to change.
These listings could drive an even larger wave of registrations to Sl8 and Gold Eagle, so we need to be well-prepared.
Preparing for Growth
Let’s admit it - we weren’t fully ready for the recent surge in new users 😅
The task verification team struggled to handle the overwhelming volume. Even after implementing Telegram and Twitter API-based verification, some bugs persisted
Activating wallets on Stellar isn’t free, and we’ve spent significant funds to enable wallets for all of you
Occasionally, the Gold Eagle bot experienced slowdowns due to server overload
To prevent these issues from repeating on a larger scale after the listings, we’ll take two weeks to fix bugs and make improvements:
1) Anti-Bot System: finalize the development of an anti-bot system to address issues caused by bot farms, which have impacted the STARDUST price
2) New Gold Eagle Design: Implement the new, polished design that’s already prepared
3) Task Verification Fixes: Resolve bugs in Telegram/Twitter API-based verification to ensure a flawless process
4) Dynamic Wallet Activation System: Develop a system for activating/deactivating wallets dynamically to onboard more users without requiring a permanent crypto wallet for each. For some reason, it’s incredibly challenging to secure any support grants from Stellar for wallet creation or marketing, even though Sl8 is one of the largest Stellar-based projects driving real mass adoption. This means we need to get more creative.
5) Boosts purchases upgrade: Add the option to purchase boosts in Gold Eagle with USDC, not just Telegram stars. This will improve marketing opportunities, revenue, not just DAU/MAU metrics, and help us succeed on upcoming ProductHunt and WeFunder activities.
7) Expanded Boosts Options: Introduce new boosts to enable faster STARDUST mining.
8) Backend Developer Expansion: Hire two additional senior backend developers to accelerate feature delivery and reduce the workload on our CTO, who has been working tirelessly with minimal rest for years.
9) Gold Eagle Admin Panel Enhancements: Add advanced tools for creating and managing tasks.
10) Bug Fixes in the Existing Sl8 Apps: Address issues in the current app while new versions are in development.
11) Improved Payout System: Enhance the Gold Eagle prize pool payout system to make payouts faster and error-free.
We have to pause STARDUST Claims and Payouts
during these two weeks. However, they will resume after the SSLX listing on XT Exchange.
Any payouts from the Prize Pool you missed over the past few days will be distributed shortly!
A Small Gift 🎁 for you: AB24cgaKeU2
Here’s a special gift for the first 1,000 users who read this announcement to the end and was lucky enough to redeem this voucher code in the Sl8 app (available on Google Play and the App Store): 10 SSLX!
Remember, even though our project is already over five years old, this is just the beginning!
#go_Sl8