INK Network News: Gas Fee Rule, Distribution and Listing Plan
INK Core Team Confirms Gas Fee Token After KYC Deadline Closes
The latest INK Network news update repeats one message clearly. The final KYC and Liveness deadline closed on August 21, 2026. The Core Team posted this reminder on X that same day.
This INK Network news report also answers a question many miners kept asking. Which token pays the gas fee once distribution begins.
Quick Summary
Update | Detail |
KYC deadline | Closed August 21, 2026; no further extension mentioned |
Gas fee coin | BNB required, cPen not accepted |
Distribution target | Mid-September 2026, pending official confirmation |
Listing plan | PancakeSwap expected first; no centralized exchange confirmed |
Source: Official X Post
What the August 21 Announcement Confirms
The core team called August 21 the last day for KYC verification. After this date, KYC closes and the group moves into the next phase of the process.
That next phase covers three things, according to this INK Network news post. Token distribution, the exchange listing, and further ecosystem progress. Preparation for the payout is described as nearly complete.
No official date has been set yet. The group expects to share one soon. Based on current planning, the payout could hopefully begin around mid-September, though this stays subject to the official announcement.
This lines up with the earlier KYC deadline update, which first placed the cutoff at August 21, 23:59:59 UTC.
The Gas Fee Rule Holders Must Know
Many community members asked which coin covers gas fees once tokens move. This INK Network news report gives a direct answer.
BNB will cover this fee. cPen will not be accepted for it.
Holders should keep a small amount of BNB in their wallet before the process begins. Without it, a wallet cannot pay the fee needed to receive or move funds.
Wallet Checklist Before Payout Begins
The group also listed steps to secure a wallet ahead of payout:
Wallet is correctly connected and submitted
Wallet is accessible and secure
The wallet is ready to receive funds
Small amount of BNB kept on hand for gas
The warning stayed simple. Never share a private key or seed phrase with anyone. No official member will ever ask for either one.
Where the Token Plans to List First
As of this INK Network news report, no centralized exchange has been officially confirmed for the listing. PancakeSwap is expected to be the first trading platform where the token becomes available.
That plan stays subject to the official launch announcement. Holders were urged to avoid believing unverified exchange listing claims until the official Core Team confirms them.
Source: Official X Post
This matches the earlier listing plan described earlier this month, which pointed to lower costs and on-chain transparency as reasons for choosing PancakeSwap over a centralized venue at launch.
Why This Announcement Matters for Holders
The post closes a long wait for miners who finished KYC before the cutoff. It also removes confusion around a detail left unclear before, the exact coin needed for the payout.
Holders are advised to follow the official Core Team account on X for further announcements, rather than relying on secondhand claims. This is the kind of INK Network news worth bookmarking for later reference.
Expert Take
The gas fee clarification in this report fills a real gap. Many mobile mining apps skip this detail until payout day, which often causes stuck transactions and user confusion.
Confirming BNB as the required gas coin well ahead of the mid-September target gives holders time to prepare their wallets properly. The repeated scam warnings also fit a pattern seen across similar launches, where fake contract addresses tend to spread once a listing date nears.
Glossary
KYC: Know Your Customer, an identity check used to confirm real users before token distribution.
Gas fee: The small network charge paid in a native coin to process a transaction.
DEX: Decentralized Exchange, a trading platform where swaps happen directly from a user's own wallet.
Conclusion
This INK Network news update confirms three things. KYC closed on August 21; gas fees will use BNB and not cPen, and the token is still expected to reach PancakeSwap first once an official date arrives.
Holders who finished verification before the cutoff now have a clearer picture of what comes next and should keep watching the official Core Team channel for the confirmed payout date.
YMYL Disclaimer: This article is for educational and informational purposes only and should not be considered financial or investment advice. Always conduct your own research before making investment decisions.
