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- CEN Airdrops Completed!
CEN Airdrops Completed!
Greetings CEN Fam…. Today we bring you:
CEN Updates…
Aaand that’s it!
We have been so busy whitelisting the referrals database that content has taken a back seat.
Todays CEN referrals airdrop marks the end of a mountain of admin.
From here on out we aim to deliver several newsletters per week focused on Flare ecosystem news, in the fun and engaging format we always intended this project to be.
CEN Referrals Airdrop.
The long awaited referrals airdrop has now completed.
Here’s a wee reminder of the referral rewards journey so far:
On March 17th we delivered referral rewards for the period between launching on February 14th and 23:59 on March 14th.
Then issued these updates:
Todays referral rewards are for the period between March 15th and March 30th.
The new referral rewards structure will be operating soon once our delivery partner is live.
We have always stated several conditions that make subscribers eligible for CEN Rewards.
Here are some reasons why you may not have received rewards:
Incorrect wallet address:
Many wallet entries have faults that we can not fix for you.
Wallet address entered multiple times:
Multiple entries are deleted and viewed as an attempt to cheat the system with multiple reward claims.
Not an active subscriber:
Since launch we have stated that you must open at least 50% of the emails we send to be eligible for CEN rewards. This is an attempt to maintain healthy newsletter metrics and reward those who participate.
Dishonest promotions:
Anyone promoting huge rewards to gain referrals have been removed from the rewards database.
Fake Accounts:
Anyone creating fake accounts to gain additional rewards have been removed from the rewards database.
CEN Minting Event.
As detailed in our CEN Docs Tokenomics page:
‘CEN has a total supply of 10 million tokens with the option to mint more.
For a newsletter project to grow it needs to incentivise new subscribers.
More subscribers means more success in every metric, especially advertising revenue.
For this reason more tokens are required to maintain growth.
Next Minting Event: April 25th 2023.
Minting schedule: 1,000 CEN tokens per active subscriber at time of mint.
Minting more CEN tokens, calculated by subscriber numbers, is a sound logic to only increase token supply inline with project growth.
Minting inline with subscriber growth also ensures that the CEN team are only compensated through project growth. ‘
On April 25th 2023 we minted an additional 50,729,000 CEN
Here is the subscriber snapshot taken at 10:53 (BST) which formed the calculations for the mint:
As always the reward logic detailed in our pinned tweet is at the core of any tokenomics decisions made.
Weekly CEN Airdrops.
This weeks CEN Holders airdrop is now complete with the CEN wallets snapshot taken at 21:23 on April 25th 2023 (Block 34581747).
The CEN daily rewards airdrop has also been distributed today.
That’s us off for a well earned pint, see you all in a few days….