BuyBack&Burn $POWER Q2 2022

2 min readJun 21, 2022


The 2nd 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).

For this BB&B, the turnover of the last quarter (Q1 2022) amounts to 20.000€ excluding tax which leads us to buy back 11.200€ of POWER tokens!

The POWER buyback program is available on the IBEx platform: (click on the “Civicpower” button when logging in to IBEx).

The reference price for the buyback of POWER tokens is established at 0.8607 BUSD, it is the last price of POWER on the markets, before the end of SLiPv2.

Watch the Q&A live about the 1st Buyback&Burn if you missed it! (French only) (from 4min for the BuyBack&Burn).

Read our tutorial if you meet difficulties :

IBEx platform’s turoriel:

How the Buyback&Burn is done

June 21 at 9pm: opening of the buyback program
June 26 at 9:00 pm: closing of the buyback program
June 27: buyback of tokens & burn

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.

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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.