What Did cPen Just confirm on INK?

This INK Network Update covers fresh ground beyond Phase 1 itself: one completed buyback-and-burn transaction plus four upcoming products from cPen's team.

Distribution finished September 18, sending tokens to over 150,000 eligible wallets holding valid addresses. PancakeSwap's official pool opened right after distribution wrapped that day.

Heavy early sell-offs arrived on distribution day, matching what organizers anticipated ahead of launch.

Spreading release across three separate stages exists precisely for softening that kind of shock, instead of dumping a full supply onto thin liquidity all at once.

Phase 1 already reached eligible holders across the network.

Remaining stages still await confirmed dates from cPen.

Lock participants receive bonus terms once their chosen period ends.

That pattern lines up with typical crypto mining launches, where early holders often cash out quickly once tokens gain a live market.