BuyBack&Burn $POWER #5

2 min readJul 6, 2023


The 5th BuyBack&Burn is open!

Each quarter, starting in Q1 2022, we have committed to buying back more than half of our POWER token value turnover in euros from the market and destroy more than half of it immediately.

Presale participants have the possibility to offer their tokens for redemption as explained in the whitepaper and in this Medium article (6 april 2021).

As you may have noticed, there were no buybacks in the previous quarter, due to a lack of sales.

For this BB&B, the reference turnover is the one of the first quarter of 2023, it amounts to 3.571€ without tax, which leads us to buy back 2.000€ of POWER tokens.

The POWER buyback program is available on the IBEx platform:

No more BUSD, the reference price for buying back POWER is set at 0.0775 IBXe.

With the future of Binance’s stablecoin more than compromised, buybacks are now made using IBXe, token convertible into euro of the IBEx platform.

You can receive the euros corresponding to your IBXe balance at any time by adding an IBAN, then clicking on “WITHDRAW” on your IBEx account dashboard to send them to your bank account: see the user guide.

Read our tutorial if you meet difficulties:

IBEx platform’s user guide:

How the Buyback&Burn is done

Friday 7 July: buyback programme opens
Wednesday 12 July at 8pm: buyback programme closes
From Thursday 13 July: buyback of tokens & burns

We will provide the address of the transaction that records the burn of POWER tokens at a later date.

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:

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Main website:


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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.