It’s time for the 1st $POWER BuyBack&Burn!
Each quarter, starting in the first quarter of 2022, we have committed to buy back more than half of our previous quarter’s turnover in euro POWER token value from the market and destroy 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).
For this first BB&B, the turnover of the last quarter (Q4 2021) amounts to 10.000€ excluding tax which leads us to buy back 5600€ of POWER tokens!
The POWER buyback program is available here :
The redemption price of the POWER MAIN is set at $1.41, based on the market price (PancakeSwap).
The redemption price of POWER ICO is set at $0.28, based on the average price of the last 10 days of the OTC.
Watch the live Q&A on the subject if you missed it (French only)
https://www.youtube.com/watch?v=-qF-URpdI6M (from 4min for the BuyBack&Burn).
Read our tutorial if you meet difficulties : https://civicpower.zendesk.com/hc/en-us/articles/4802690675217
Click here to learn more about the different asset classes.
How the BuyBack&Burn works
Wednesday, March 16: opening of the buyback program
Sunday, March 20, 6:00 pm: closing of the buyback program
Monday March 21: buyback of tokens & burn
Be careful: POWER MAIN tokens in staking are currently not eligible for BB&B, you will have to “unstake” first if you want them to be eligible.
We will provide the address of the transaction that records this redemption and the quarterly POWER burn at a later date.
New staking program
This is the surprise announcement of the week! A new staking plan has appeared, stake your POWER MAIN now in order to get paid in POWER!
The POWER staking is available here : https://otc.civicpower.io/staking
If you have any difficulties, please refer to our tutorial : https://pwrvote.medium.com/start-staking-your-power-tokens-ffa73a2364b8
It is now possible for you to buy POWER MAIN on the markets (Pancakeswap and Zebitex) also to place them in our staking program (within PL/2). To Then, once you have purchased the POWER, go to https://otc.civicpower.io/ and click on the “DEPOSIT” blue button.
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:
📱 Our webapp: https://app.civicpower.io
🌐 Website : https://civicpower.vote
☢️ Beta test group: https://t.me/powerbeta
💡 Idea box: https://civicpower.io/idea-box/
Partner integrator France: https://votelab.io
Main website: https://civicpower.io
The burnlist: https://burnlist.civicpower.io/burnlist/
🦄 Announcements: https://t.me/powerAnnouncements
- 📙 FAQ: https://t.me/powerfaq
- 🇫🇷 POWER FR official https://t.me/powersoff
- 🇬🇧/🇺🇸 POWER EN official https://t.me/poweroffEN
Main site: https://otc.civicpower.io
Offer board: https://burnlist.civicpower.io
- Main : https://t.me/powerotc
- Hot offers : https://t.me/joinchat/oHn8q0rdj-QwYzY0
🎁 The famous 100k challenge:
₿ The Civicpower Blockchain: https://t.me/civicpowerblockchain
🏆 Polls (Presidential 2022): https://sondages.civicpower.vote
🤫 Cryptopolitics: secret project