INK Network News: Will Phase 2 Follow Rising Token Burns and Rewards?
The team has teased a possible Phase 2 date update, while the final launch date remains unconfirmed. The latest INK Network News also highlights 17.19 million INK tokens burned and new cPen rewards, where users can unlock Red Packets by walking.
Each packet offers a random HATN or Dan reward, with up to 10 packets daily. However, community hopes for a 10X move remain speculative, as no official price target has been announced.
Key INK Network Updates Readers Should Know
Phase 2: the team teased a final date update but gave no date.
INK burned: 17,192,099, or 3.21% of supply, last indexed October 15, 2026.
Steps: every 1,000 steps unlocks 1 Red Packet, up to 10 a day.
Rewards: a random HATN or Dan reward in each packet.
10X talk: community hope only. No price target exists.
What Did INK Network Reveal About Phase 2?
The official X account said the wait for round 2 could end soon. It added that news on the final date might be close, and asked the cPen community to stay ready.
Read the wording. The post says “could” and “might,” not “will.” So the INK Network Phase 2 Launch Date is still open.
Round 1 is done, per the team. It covered token distribution, a PancakeSwap listing, and buyback and burn. The INK Network Roadmap tab on the official website is the place to check for later steps.
The post also asked if the price can go higher. That is a question, not a promise. Neither the post nor the website names a price target.
How Are Burnchase Token Burns Affecting the INK Network Ecosystem?
The Cpen Token Burn runs daily. Ad revenue buys CPEN and INK at random times. The wallet then sends the coins to the burn address from 02:00 UTC. They can never be sold, staked, or moved again.
Here are the three latest INK burns:
That is 1,202,010.61 INK in three days. Yet the daily amount fell about 23% from the first day to the third, so supply shrinks more slowly.
Burnchase is the voluntary burn feature. Each burn splits three ways:
70% is burned for good.
20% goes to the verified referrer.
10% goes to the Chasepot prize pool.
What Do cPen, HATN Rewards, and Burnchase Mean for Users?
The Steps feature turns walking into rewards. It is the freshest part of the INK Network's latest news.
How INK Network HATN Rewards work in Steps:
Every 1,000 steps unlocks 1 Red Packet.
Each packet gives a random HATN or Dan reward.
Walking 10,000 steps unlocks up to 10 packets a day.
Open every packet before the daily reset. Unopened packets do not carry over.
Dan is an in-app credit that can promote services, crypto projects, and announcements on cPen’s Wall. The team says more uses are in development. Dan cannot be moved to another user or cashed out.
Source: Official X account
Rewards are random, and the app shows the odds. To try it, update cPen and tap Steps on the Home screen.
Key Updates, Token Burns, and Reward Details
INK supply is 70% community, 12% treasury, 10% team, and 8% ecosystem. The team and ecosystem shares sit in a lock that opens 2% at launch and adds 2% every 30 days.
INK Network Timeline: What Has Happened and What Comes Next?
Phase 1: token distribution, PancakeSwap listing, buyback and burn. Done.
October 13 to 15: 1,202,010.61 INK burned. The Phase 2 tease went out.
October 16: 309,709.26 CPEN burned. Steps rewards are live.
Next: the Phase 2 final date, still unconfirmed.
Conclusion: Can Phase 2 Become the Next Major INK Network Milestone?
Phase 2 could matter, but the facts are thin. A teaser is not a date. A burn is not a price target. Steps is the one fully confirmed new feature.
Check the contract before you trade. The INK contract on BNB smart Chain starts with 0xCe22 and ends with 2F4c. Fake accounts often copy big headlines, so trust official channels only.
YMYL Disclaimer: This article is for information only. It is not financial or investment advice. Crypto prices swing fast, and you can lose money. A token burn does not promise a higher price. Please do your own research.
