Hey #cPenNetwork community,
✅ The $CPEN token verification is complete! Check your verified token balance now on the Wallet page in the cPen app (update to v1.2.20+ required).
Ensure your BSC Wallet address is correct and secure. Wallet address entry closes on March 29 at 20:00 UTC—update yours ASAP to avoid losing your mined $CPEN tokens.
Token distribution begins on March 30. Total supply details will be announced soon.
🆕 We've switched to $INK mining this month. Haven't started yet? Join now: cpen.io
Thanks for your continued support—stay tuned for more updates!
Hey #cPenNetwork community, our project is growing rapidly with your support and we're excited to share our development plan with you:
After the distribution, we will use the cPen app profits to:
- Buy cPen tokens regularly (to boost liquidity pools and grow the project).
- This is a long-term strategy, not a one-time move!
- Share a public BSC wallet so everyone sees every action.
- Post monthly updates — total transparency, always.
Why This Matters:
- We’re here to stay: Reinvesting profits = proof we’re committed for the long haul.
- Better for you: Stronger liquidity = smoother trades for the community.
As you may already know we are a tiny team without outside investment. And this brings us some advantages:
- No outside investors = no pressure to sell tokens.
- Zero profit-sharing = more pennies go back into cPen.
- We spend wisely to keep the project running forever.
Thank YOU!
Over a year in, we are proud of what have achieved without hype and marketing — you made this work. Let’s keep growing together.
We’re more confident than ever about cPen’s future!
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!
Hey #cPenNetwork community! 🚀 Despite a minor glitch, the transition to $INK mining in the cPen app is now complete! This marks a major milestone in our journey—thank you for being part of it!
🔹 Update your app to version 1.2.20 or later for the best experience.
🔹 If you mined $PEN before the switch, it’s visible in your Wallet. The verified amount will show 0 until verification is completed later this month.
🔹 Referral mining rewards update: Earn 10% of your referral’s basic mining—rewards will reflect after their session ends.
🔹 Referral bonus remains: You & your referral each earn 3 $INK per new sign-up.
🔹 Your team includes all your referrals, excluding the person who referred you.
🔹 KYC & BSC wallet deadline: Complete your KYC and enter your BSC wallet address by March 11!
We appreciate your support! More updates coming soon.
🔒 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
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:
✓ Complete KYC verification
✓ 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 cpen.fun - 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! 🔔
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