Hi #cPenNetwork community,
Weโre excited to introduce INK Lock & Earn, an optional way to earn up to 40% bonus INK. ๐
INK mining will end on July 30, 2026, at 23:59:59 UTC.
After mining ends, users will have a two-week grace period to complete the required KYC and Liveness verification. Once the grace period closes, eligible INK balances will enter the verification process in preparation for distribution.
During this period, you will have a choice:
โ Receive your verified INK through the regular distribution process
๐ Lock your full verified INK balance for a selected period and earn bonus INK
๐ Lock Options
โข 6 months โ 6% bonus INK
โข 1 year โ 15% bonus INK
โข 2 years โ 40% bonus INK
Bonus INK will be credited after the selected lock period ends.
๐ฑ How to Participate
1๏ธโฃ Update the cPen app to version 1.3.23 or later
2๏ธโฃ Open the INK Lock page in the cPen app
3๏ธโฃ Select your preferred lock period
The selection period will close on August 14, 2026.
You may change your selected lock period or cancel your lock choice at any time before the selection period closes.
If you cancel your selection or do not make a selection before the deadline, your verified INK will follow the regular distribution process.
Please note that the lock option applies to your full verified INK balance. Partial locking is not supported.
๐ฆ Phased Distribution
Verified INK is planned for distribution in multiple phases rather than all at once. The distribution schedule and further details will be announced later.
Locked INK will follow the same phased distribution schedule. The lock period for each distributed portion will begin on the date that specific portion is distributed.
Please complete your KYC and Liveness verification before the grace period closes and review the complete rules on the INK Lock page before making your selection.
Thank you for your continued support as we prepare for the next chapter of the cPen ecosystem.
cPen team
A small team with a big dream
#INK #cPenNetwork #HATN #TokenDistribution
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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
Previously, we announced that token mining will soon switch from $PEN to $INK (please update your app to the latest version if you havenโt 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, $INK is designed for in-app purchases within the cPen App. Similar in spirit to Telegramโs Starโbut with a major upgradeโ$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:
โข $PEN powers blockchain transactions and future governance.
โข $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:
โข 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.
โข 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.)
โข Mar 24, 2025:
$PEN token distribution begins.
The $PEN token distribution marks a significant milestone in our projectโand it's only the beginning. Stay tuned for more exciting updates!
Thank you for your continued support!
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
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.
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Your โspread-the-wordโ efforts have helped #seedapp thrive as the No.1 #Play2Earn app on Telegram. This badge is our way of recognizing the true Seedizens who invited more than 2 frens to fuel our growth.
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