2nd $POWER Buyback&Burn

Each quarter, starting in the first quarter of 2022, we have committed to repurchase 56% of our turnover of the previous quarter valued in euros. This repurchase of POWER is done on the market, more than half of these tokens are then immediately destroyed (up to 32% of the turnover).

Still in accordance with the promise of the whitepaper, the final buyback price of the tokens is increased according to the following calculation method:

  • up to the POWER amount of your purchase during the ICO: +32%,

For this quarter, we bought back 11200 euros (11718 BUSD) worth of $POWER, at a reference value of 0.8607 BUSD per $POWER. All tokens were redeemed at +32% (see this Medium article for a reminder of the benefits given to presale participants).

How is the buyback structured?

221 people participated for a total of $137988POWER.
16 people were redeemed (the last one partially) for a total of $10314POWER.

Out of these 10314 tokens :

  • 57.14% or 5893.7 $POWER (32% of the turnover) were destroyed

The destruction of the 5893.7 $POWER can be seen here :

https://bscscan.com/tx/0xa0241d3693bc1543e9337ed421cc5c5ec6b8357c5f14999453d8eb877728c2e3

The destruction of 1473.4 $POWER can be seen here :

https://bscscan.com/tx/0x112c910c7d121257f9b486ec8335f5ce1c7aacc703b558cfb75b4ed93bb8daa6

The “Total supply” of $POWER thus decreases to 49,973,600.714285 tokens.

To learn more about the Buyback&Burn process, please read the Whitepaper and our dedicated tutorial.

Votelab SAS is a company with a mission within the meaning of Decree №2020–1 of January 2, 2020 introduced by the PACTE Act of 2019. The company is independent, 100% owned by its founders and self-financed.

Civicpower is an association under the 1901 law. It controls access to the private key of the blockchain, the gits of the code, the governance of ChainR OÜ which holds the POWER treasure, owns the Civicpower and CryptoPolitics brand as well as the users database.

Civicpower ecosystem links:

🗳️ Civicpower

📱 Our webapp: https://app.civicpower.io

🌐 Website : https://civicpower.vote

☢️ Beta test group: https://t.me/powerbeta

💡 Idea box: https://civicpower.io/idea-box/

Telegram: https://t.me/civicpowerio

Twitter: https://twitter.com/civicpowerio

Mediums

Partner integrator France: https://votelab.io

💰 $POWER

Main website: https://civicpower.io

Medium

The burnlist: https://burnlist.civicpower.io/burnlist/

🦄 Announcements: https://t.me/powerAnnouncements

Social networks:

Telegram

📈 OTCivic

Main site: https://otc.civicpower.io

Offer board: https://burnlist.civicpower.io

Telegram :

Help: https://civicpower.zendesk.com/hc/en-us/articles/4408478051217-Guide-de-la-plateforme-OTCivic

🎁 The famous 100k challenge:

🇫🇷 https://civicpower.io/civicid/

🇬🇧/🇺🇸 https://civicpower.io/civicid_fr/

https://t.me/power100k

₿ The Civicpower Blockchain: https://t.me/civicpowerblockchain

🏆 Polls (Presidential 2022): https://sondages.civicpower.vote

🤫 Cryptopolitics: secret project

https://cryptopolitics.art

https://t.me/Oxcryptopolitics

https://discord.gg/PHuUA4xgqG

https://twitter.com/0xcryptopolitic

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The alliance of POWER and TRUST in your hands ! POWER is the utility token of Civicpower, an application that gives back power to people via digital voting.

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POWER

The alliance of POWER and TRUST in your hands ! POWER is the utility token of Civicpower, an application that gives back power to people via digital voting.